WHWRF (World Houseware holdings) Scaled Net Operating Assets: 0.23 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WHWRF World Houseware holdings WHWRF
33 GF Score
Price $0.05
GF Value $0.04
! 4 Warning Signs
View Full Analysis

What is World Houseware holdings Scaled Net Operating Assets?

World Houseware holdings WHWRF 33 Scaled Net Operating Assets is 0.23 as of Dec. 2025. GuruFocus rates WHWRF with a GF Score™ of 33/100 and a GF Value™ of $0.04. 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.

World Houseware holdings's operating assets for the quarter that ended in Dec. 2025 was $254.96 Mil. World Houseware holdings's operating liabilities for the quarter that ended in Dec. 2025 was $181.91 Mil. World Houseware holdings's Total Assets for the quarter that ended in Jun. 2025 was $319.73 Mil. Therefore, World Houseware holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.23.


World Houseware holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for World Houseware 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.

World Houseware holdings Scaled Net Operating Assets Chart

World Houseware 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 0.45 0.31 0.25 0.17 0.22

World Houseware 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 0.26 0.23 0.19 0.26 0.23

WHWRF vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, World Houseware 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.


World Houseware holdings Scaled Net Operating Assets vs Construction Industry

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

* The bar in red indicates where World Houseware holdings's Scaled Net Operating Assets falls into.


WHWRF
33GF Score
World Houseware holdings WHWRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

World Houseware 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.

World Houseware 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 )
=(254.964-181.914)/338.56
=0.22

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=308.15 - 53.186
=254.964

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=188.267 - 4.359 - 1.994
=181.914

World Houseware 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 )
=(254.964-181.914)/319.732
=0.23

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=308.15 - 53.186
=254.964

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=188.267 - 4.359 - 1.994
=181.914

* 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 0.23 mean?
World Houseware holdings (WHWRF) has a Scaled Net Operating Assets of 0.23 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 World Houseware holdings and its competitors.
Is World Houseware holdings' Scaled Net Operating Assets too high?
World Houseware holdings' current Scaled Net Operating Assets is 0.23. Overall, World Houseware holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does World Houseware holdings' Scaled Net Operating Assets compare to TT and JCI?
World Houseware holdings' Scaled Net Operating Assets of 0.23 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 World Houseware holdings and its competitors. World Houseware holdings's current Scaled Net Operating Assets is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Houseware holdings stock overvalued right now?
World Houseware holdings (WHWRF) has a current Scaled Net Operating Assets of 0.23. The stock's GF Value™ is $0.04, compared to a current price of $0.05 — trading 25% above its estimated fair value. The current Scaled Net Operating Assets is 0.23. World Houseware holdings' overall GF Score™ is 33/100 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 World Houseware holdings (WHWRF), the current Scaled Net Operating Assets is 0.23 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 World Houseware holdings (WHWRF) Overvalued in 2026?

Based on GuruFocus' analysis, World Houseware holdings stock appears to be overvalued. The current stock price of $0.05 is trading 25% above its estimated GF Value™ of $0.04.

Key valuation signals for WHWRF:

  • Scaled Net Operating Assets: 0.23
  • GF Value™: $0.04 vs. price of $0.05 (25% above fair value)
  • GF Score™: 33/100 with 4 warning signs

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


World Houseware holdings Business Description

Other Exchanges 00713:Hong Kong
Address 16-18 Wah Sing Street, Flat A, 18th Floor, Bold Win Industrial Building, New Territories, Kwai Chung, Hong Kong, HKG
World Houseware Holdings is an investment holding company. Its segments include Household products, which manufacture and distribute household products; PVC pipes and fittings, which manufacture and distribute PVC pipes and fittings; and Property investments, which invests in properties. The majority of revenue is derived from PVC pipes and fittings segment. Its geographical areas include Mainland China, Hong Kong, Asia (excluding Hong Kong and Mainland China), and Others.
33GF Score

Get the complete analysis for WHWRF

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

$0.05
Price
$0.04
GF Value