ONEG (OneConstruction Group) Scaled Net Operating Assets: 0.44 (As of Mar. 2026)

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ONEG OneConstruction Group Ltd ONEG
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What is OneConstruction Group Scaled Net Operating Assets?

OneConstruction Group ONEG 13 Scaled Net Operating Assets is 0.44 as of Mar. 2026. GuruFocus rates ONEG with a GF Score™ of 13/100. The stock has 7 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.

OneConstruction Group's operating assets for the quarter that ended in Mar. 2026 was $35.21 Mil. OneConstruction Group's operating liabilities for the quarter that ended in Mar. 2026 was $13.18 Mil. OneConstruction Group's Total Assets for the quarter that ended in Sep. 2025 was $49.93 Mil. Therefore, OneConstruction Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.

OneConstruction Group Scaled Net Operating Assets Historical Data

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The historical data trend for OneConstruction Group'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.

OneConstruction Group Scaled Net Operating Assets Chart

OneConstruction Group Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
0.60 0.88 0.82 0.44

OneConstruction Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.77 0.77 0.65 0.44

ONEG vs PMA, MIMI, ZDAI: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, OneConstruction Group'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.

OneConstruction Group Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, OneConstruction Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where OneConstruction Group's Scaled Net Operating Assets falls into.


ONEG
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OneConstruction Group Ltd ONEG
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OneConstruction Group 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.

OneConstruction Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(35.206-13.183)/49.845
=0.44

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36.9 - 1.694
=35.206

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.617 - 22.31 - 1.124
=13.183

OneConstruction Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(35.206-13.183)/49.93
=0.44

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36.9 - 1.694
=35.206

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.617 - 22.31 - 1.124
=13.183

* 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 0.44 mean?
OneConstruction Group (ONEG) has a Scaled Net Operating Assets of 0.44 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on OneConstruction Group and its competitors.
Is OneConstruction Group's Scaled Net Operating Assets too high?
OneConstruction Group's current Scaled Net Operating Assets is 0.44. Overall, OneConstruction Group has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does OneConstruction Group's Scaled Net Operating Assets compare to PMA and MIMI?
OneConstruction Group's Scaled Net Operating Assets of 0.44 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 OneConstruction Group and its competitors. OneConstruction Group's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneConstruction Group stock overvalued right now?
OneConstruction Group (ONEG) has a current Scaled Net Operating Assets of 0.44. The current Scaled Net Operating Assets is 0.44. OneConstruction Group's overall GF Score™ is 13/100 with 7 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 OneConstruction Group (ONEG), the current Scaled Net Operating Assets is 0.44 as of Mar. 2026. 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.

OneConstruction Group Business Description

Address 1 Hok Cheung Street, Unit 11, 5th Floor, Tower 1, Harbour Centre, Hunghom, Hong Kong, HKG
OneConstruction Group Ltd is a structural steelwork contractor in Hong Kong. The company is engaged in the procurement and installation of structural steel for construction projects in Hong Kong. Its construction project includes performing site preparatory and preliminary works, developing detailed work schedules and work allocation plans, implementing construction site works, and conducting site safety supervision and quality control.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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