SLNLF (Stella International Holdings) Scaled Net Operating Assets: 0.52 (As of Dec. 2025)


SLNLF Stella International Holdings Ltd SLNLF
81 GF Score
Price $1.41
GF Value $1.56
! 4 Warning Signs
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What is Stella International Holdings Scaled Net Operating Assets?

Stella International Holdings SLNLF 81 Scaled Net Operating Assets is 0.52 as of Dec. 2025. GuruFocus rates SLNLF with a GF Score™ of 81/100 and a GF Value™ of $1.56. The stock has 4 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.

Stella International Holdings's operating assets for the quarter that ended in Dec. 2025 was $1,067 Mil. Stella International Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $313 Mil. Stella International Holdings's Total Assets for the quarter that ended in Jun. 2025 was $1,453 Mil. Therefore, Stella International Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.52.


Stella International Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Stella International 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.

Stella International Holdings Scaled Net Operating Assets Chart

Stella International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.64 0.63 0.52 0.53

Stella International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.58 0.50 0.57 0.52

SLNLF vs NKE, DECK, ONON: Scaled Net Operating Assets Comparison

For the Footwear & Accessories subindustry, Stella International 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.


Stella International Holdings Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Stella International Holdings's Scaled Net Operating Assets falls into.


SLNLF
81GF Score
Stella International Holdings Ltd SLNLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Stella International 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.

Stella International 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 )
=(1066.766-313.275)/1423.366
=0.53

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1440.052 - 373.286
=1066.766

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=329.609 - 10.61 - 5.724
=313.275

Stella International 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 )
=(1066.766-313.275)/1453.446
=0.52

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1440.052 - 373.286
=1066.766

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=329.609 - 10.61 - 5.724
=313.275

* 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 0.52 mean?
Stella International Holdings (SLNLF) has a Scaled Net Operating Assets of 0.52 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 Stella International Holdings and its competitors.
Is Stella International Holdings' Scaled Net Operating Assets too high?
Stella International Holdings' current Scaled Net Operating Assets is 0.52. Overall, Stella International Holdings has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Stella International Holdings' Scaled Net Operating Assets compare to NKE and DECK?
Stella International Holdings' Scaled Net Operating Assets of 0.52 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 Stella International Holdings and its competitors. Stella International Holdings's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stella International Holdings stock overvalued right now?
Stella International Holdings (SLNLF) has a current Scaled Net Operating Assets of 0.52. The stock's GF Value™ is $1.56, compared to a current price of $1.41 — trading 9.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. Stella International Holdings' overall GF Score™ is 81/100 with 4 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 Stella International Holdings (SLNLF), the current Scaled Net Operating Assets is 0.52 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 Stella International Holdings (SLNLF) Overvalued in 2026?

Based on GuruFocus' analysis, Stella International Holdings stock appears to be undervalued. The current stock price of $1.41 is trading 9.6% below its estimated GF Value™ of $1.56.

Key valuation signals for SLNLF:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: $1.56 vs. price of $1.41 (9.6% below fair value)
  • GF Score™: 81/100 with 4 warning signs

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


Stella International Holdings Business Description

Other Exchanges 01836:Hong Kong31S:Germany
Address 133 Hoi Bun Road, Flat C, 20th Floor, MG Tower, Kowloon, HKG
Stella International Holdings Ltd, along with its subsidiaries, designs and manufactures footwear and leather goods, which are sold to consumers under its brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. It operates in two reportable segments: Manufacturing, and Retailing and Wholesaling. The Manufacturing segment, which generates the maximum revenue, engages in the sale and manufacture of footwear and handbags. The Retailing and Wholesaling segment engages in the sale of products of self-developed brands. Geographically, the Group generates maximum revenue from North America, and the rest from Europe, PRC, Asia (excluding PRC), and other countries.
81GF Score

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

$1.41
Price
$1.56
GF Value