NCI (Neo-Concept International Group Holdings) Scaled Net Operating Assets: 0.74 (As of Dec. 2025)


NCI Neo-Concept International Group Holdings Ltd NCI
23 GF Score
Price $11.50
! 3 Warning Signs
View Full Analysis

What is Neo-Concept International Group Holdings Scaled Net Operating Assets?

Neo-Concept International Group Holdings NCI +0.26% 23 Scaled Net Operating Assets is 0.74 as of Dec. 2025. GuruFocus rates NCI with a GF Score™ of 23/100. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Neo-Concept International Group Holdings's operating assets for the quarter that ended in Dec. 2025 was $14.56 Mil. Neo-Concept International Group Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $1.62 Mil. Neo-Concept International Group Holdings's Total Assets for the quarter that ended in Jun. 2025 was $17.55 Mil. Therefore, Neo-Concept International Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.74.


Neo-Concept International Group Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Neo-Concept International Group Holdings's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Neo-Concept International Group Holdings Scaled Net Operating Assets Chart

Neo-Concept International Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.76 0.39 1.11 1.30 0.74

Neo-Concept International Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.51 1.33 0.90 0.91 0.74

NCI vs JL, XELB, PMNT: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Neo-Concept International Group Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neo-Concept International Group Holdings Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Neo-Concept International Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Neo-Concept International Group Holdings's Scaled Net Operating Assets falls into.


NCI
23GF Score
Neo-Concept International Group Holdings Ltd NCI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neo-Concept International Group Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Neo-Concept International Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(14.561-1.618)/17.45
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.861 - 0.3
=14.561

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.587 - 4.739 - 1.23
=1.618

Neo-Concept International Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(14.561-1.618)/17.553
=0.74

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.861 - 0.3
=14.561

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.587 - 4.739 - 1.23
=1.618

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.74 mean?
Neo-Concept International Group Holdings (NCI) has a Scaled Net Operating Assets of 0.74 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Neo-Concept International Group Holdings and its competitors.
Is Neo-Concept International Group Holdings' Scaled Net Operating Assets too high?
Neo-Concept International Group Holdings' current Scaled Net Operating Assets is 0.74. Overall, Neo-Concept International Group Holdings has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Neo-Concept International Group Holdings' Scaled Net Operating Assets compare to JL and XELB?
Neo-Concept International Group Holdings' Scaled Net Operating Assets of 0.74 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Neo-Concept International Group Holdings and its competitors. Neo-Concept International Group Holdings's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo-Concept International Group Holdings stock overvalued right now?
Neo-Concept International Group Holdings (NCI) has a current Scaled Net Operating Assets of 0.74. The current Scaled Net Operating Assets is 0.74. Neo-Concept International Group Holdings' overall GF Score™ is 23/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Neo-Concept International Group Holdings (NCI), the current Scaled Net Operating Assets is 0.74 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Neo-Concept International Group Holdings Business Description

Address No.139-141, Hoi Bun Road, 10th floor, Seaview Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Neo-Concept International Group Holdings Ltd is a company that is a one-stop apparel solution services provider. The company offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European and North American markets.
23GF Score

Get the complete analysis for NCI

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.50
Price