SUHJF (Sun Hung Kai Properties) Scaled Net Operating Assets: 0.88 (As of Dec. 2025)

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SUHJF Sun Hung Kai Properties Ltd SUHJF
73 GF Score
Price $14.86
GF Value $11.42
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sun Hung Kai Properties Scaled Net Operating Assets?

Sun Hung Kai Properties SUHJF 73 Scaled Net Operating Assets is 0.88 as of Dec. 2025. GuruFocus rates SUHJF with a GF Score™ of 73/100 and a GF Value™ of $11.42 (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.

Sun Hung Kai Properties's operating assets for the quarter that ended in Dec. 2025 was $101,360 Mil. Sun Hung Kai Properties's operating liabilities for the quarter that ended in Dec. 2025 was $10,122 Mil. Sun Hung Kai Properties's Total Assets for the quarter that ended in Jun. 2025 was $104,081 Mil. Therefore, Sun Hung Kai Properties's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.88.


Sun Hung Kai Properties Scaled Net Operating Assets Historical Data

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The historical data trend for Sun Hung Kai Properties'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.

Sun Hung Kai Properties Scaled Net Operating Assets Chart

Sun Hung Kai Properties Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.89 0.89 0.90 0.87

Sun Hung Kai Properties 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 0.92 0.89 0.88 0.88 0.88

Sun Hung Kai Properties Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.


Sun Hung Kai Properties Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sun Hung Kai Properties's Scaled Net Operating Assets falls into.


SUHJF
73GF Score
Sun Hung Kai Properties Ltd SUHJF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun Hung Kai Properties 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.

Sun Hung Kai Properties's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(101815.611-10428.23)/104749.552
=0.87

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=104081.365 - 2265.754
=101815.611

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24783.911 - 12422.343 - 1933.338
=10428.23

Sun Hung Kai Properties'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 )
=(101360.015-10121.838)/104081.365
=0.88

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=103996.376 - 2636.361
=101360.015

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23489.358 - 11074.954 - 2292.566
=10121.838

* 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 0.88 mean?
Sun Hung Kai Properties (SUHJF) has a Scaled Net Operating Assets of 0.88 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 Sun Hung Kai Properties and its competitors.
Is Sun Hung Kai Properties' Scaled Net Operating Assets too high?
Sun Hung Kai Properties' current Scaled Net Operating Assets is 0.88. Overall, Sun Hung Kai Properties has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' Scaled Net Operating Assets compare to competitors?
Sun Hung Kai Properties' Scaled Net Operating Assets of 0.88 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Sun Hung Kai Properties and its competitors. Sun Hung Kai Properties's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Based on GuruFocus' analysis, Sun Hung Kai Properties (SUHJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.42, compared to a current price of $14.86 — trading 30.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.88. Sun Hung Kai Properties' overall GF Score™ is 73/100 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 Sun Hung Kai Properties (SUHJF), the current Scaled Net Operating Assets is 0.88 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 Sun Hung Kai Properties (SUHJF) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued. The current stock price of $14.86 is trading 30.1% above its estimated GF Value™ of $11.42. GuruFocus considers Sun Hung Kai Properties to be Modestly Overvalued.

Key valuation signals for SUHJF:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: $11.42 vs. price of $14.86 (30.1% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Sun Hung Kai Properties Business Description

Address 30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
73GF Score

Get the complete analysis for SUHJF

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

$14.86
Price
$11.42
GF Value