Hong Leong Finance (SGX:S41) Scaled Net Operating Assets: 0.09 (As of Dec. 2025)

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SGX:S41 Hong Leong Finance Ltd SGX:S41
61 GF Score
Price S$2.51
GF Value S$2.25
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hong Leong Finance Scaled Net Operating Assets?

Hong Leong Finance SGX:S41 +0.40% 61 Scaled Net Operating Assets is 0.09 as of Dec. 2025. GuruFocus rates SGX:S41 with a GF Score™ of 61/100 and a GF Value™ of S$2.25 (Modestly Overvalued). The stock has 5 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.

Hong Leong Finance's operating assets for the quarter that ended in Dec. 2025 was S$13,905.3 Mil. Hong Leong Finance's operating liabilities for the quarter that ended in Dec. 2025 was S$12,606.2 Mil. Hong Leong Finance's Total Assets for the quarter that ended in Jun. 2025 was S$14,675.2 Mil. Therefore, Hong Leong Finance's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.09.

SGX:S41
61GF Score
Hong Leong Finance Ltd SGX:S41
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Leong Finance 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.

Hong Leong Finance'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 )
=(13905.283-12606.18)/14633.89
=0.09

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14763.196 - 857.913
=13905.283

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12647.226 - 41.046 - 0
=12606.18

Hong Leong Finance'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 )
=(13905.283-12606.18)/14675.205
=0.09

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14763.196 - 857.913
=13905.283

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12647.226 - 41.046 - 0
=12606.18

* 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 0.09 mean?
Hong Leong Finance (SGX:S41) has a Scaled Net Operating Assets of 0.09 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 Hong Leong Finance and its competitors.
Is Hong Leong Finance's Scaled Net Operating Assets too high?
Hong Leong Finance's current Scaled Net Operating Assets is 0.09. Overall, Hong Leong Finance has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Leong Finance's Scaled Net Operating Assets compare to PNC and USB?
Hong Leong Finance's Scaled Net Operating Assets of 0.09 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Hong Leong Finance and its competitors. Hong Leong Finance's current Scaled Net Operating Assets is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Leong Finance stock overvalued right now?
Based on GuruFocus' analysis, Hong Leong Finance (SGX:S41) is currently considered Modestly Overvalued. The stock's GF Value™ is S$2.25, compared to a current price of S$2.51 — trading 11.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.09. Hong Leong Finance's overall GF Score™ is 61/100 with 5 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 Hong Leong Finance (SGX:S41), the current Scaled Net Operating Assets is 0.09 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.

Is Hong Leong Finance (SGX:S41) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Leong Finance stock appears to be overvalued. The current stock price of S$2.51 is trading 11.6% above its estimated GF Value™ of S$2.25. GuruFocus considers Hong Leong Finance to be Modestly Overvalued.

Key valuation signals for SGX:S41:

  • Scaled Net Operating Assets: 0.09
  • GF Value™: S$2.25 vs. price of S$2.51 (11.6% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the SGX:S41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hong Leong Finance Business Description

Address 16 Raffles Quay, No. 01-05, Hong Leong Building, Singapore, SGP, 048581
Hong Leong Finance Ltd is a financial institution. The activities of the company are related to financing business and the provision of corporate advisory services. The principal activities of the subsidiaries are the provision of nominee services. It operates exclusively in Singapore. The company's service offerings include SME loans, Personal loans, Deposites and savings, and corporate finance.
61GF Score

Get the complete analysis for SGX:S41

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

S$2.51
Price
S$2.25
GF Value