HE Group Bhd (XKLS:0296) Scaled Net Operating Assets: 0.05 (As of Mar. 2026)


XKLS:0296 HE Group Bhd XKLS:0296
50 GF Score
Price RM0.52
! 2 Warning Signs
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What is HE Group Bhd Scaled Net Operating Assets?

HE Group Bhd XKLS:0296 -1.89% 50 Scaled Net Operating Assets is 0.05 as of Mar. 2026. GuruFocus rates XKLS:0296 with a GF Score™ of 50/100. The stock has 2 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.

HE Group Bhd's operating assets for the quarter that ended in Mar. 2026 was RM50.8 Mil. HE Group Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM45.5 Mil. HE Group Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM114.1 Mil. Therefore, HE Group Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.05.


HE Group Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for HE Group Bhd'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.

HE Group Bhd Scaled Net Operating Assets Chart

HE Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.88 0.22 0.16 0.15 0.19

HE Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.07 0.09 0.14 0.19 0.05

XKLS:0296 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, HE Group Bhd'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.


HE Group Bhd Scaled Net Operating Assets vs Construction Industry

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

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


XKLS:0296
50GF Score
HE Group Bhd XKLS:0296
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HE Group Bhd 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.

HE Group Bhd'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 )
=(61.12-40.492)/111.187
=0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=114.136 - 53.016
=61.12

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43.202 - 1.548 - 1.162
=40.492

HE Group Bhd'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: Dec. 2025 )
=(50.779-45.522)/114.136
=0.05

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=117.308 - 66.529
=50.779

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.212 - 1.596 - 1.094
=45.522

* 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 0.05 mean?
HE Group Bhd (XKLS:0296) has a Scaled Net Operating Assets of 0.05 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 HE Group Bhd and its competitors.
Is HE Group Bhd's Scaled Net Operating Assets too high?
HE Group Bhd's current Scaled Net Operating Assets is 0.05. Overall, HE Group Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does HE Group Bhd's Scaled Net Operating Assets compare to PWR and FIX?
HE Group Bhd's Scaled Net Operating Assets of 0.05 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 HE Group Bhd and its competitors. HE Group Bhd's current Scaled Net Operating Assets is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HE Group Bhd stock overvalued right now?
HE Group Bhd (XKLS:0296) has a current Scaled Net Operating Assets of 0.05. The current Scaled Net Operating Assets is 0.05. HE Group Bhd's overall GF Score™ is 50/100 with 2 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 HE Group Bhd (XKLS:0296), the current Scaled Net Operating Assets is 0.05 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.

HE Group Bhd Business Description

Address No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end-user premises such as industrial plants and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works, including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, the provision of power distribution systems that generates maximum revenue, other building systems and works, electrical equipment hook-up and retrofitting, and trading of electrical products.
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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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