One Gasmaster Holdings Bhd (XKLS:0389) Scaled Net Operating Assets: 0.46 (As of Mar. 2026)

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XKLS:0389 One Gasmaster Holdings Bhd XKLS:0389
13 GF Score
Price RM0.14
! 2 Warning Signs
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What is One Gasmaster Holdings Bhd Scaled Net Operating Assets?

One Gasmaster Holdings Bhd XKLS:0389 +3.85% 13 Scaled Net Operating Assets is 0.46 as of Mar. 2026. GuruFocus rates XKLS:0389 with a GF Score™ of 13/100. 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.

One Gasmaster Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM24.52 Mil. One Gasmaster Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM4.31 Mil. One Gasmaster Holdings Bhd's Total Assets for the quarter that ended in Sep. 2025 was RM44.19 Mil. Therefore, One Gasmaster Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.46.


One Gasmaster Holdings Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for One Gasmaster Holdings 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.

One Gasmaster Holdings Bhd Scaled Net Operating Assets Chart

One Gasmaster Holdings Bhd Annual Data
Trend Dec22 Dec23 Dec24
Scaled Net Operating Assets
0.32 0.62 0.76

One Gasmaster Holdings Bhd Quarterly Data
Dec22 Dec23 Dec24 Sep25 Mar26
Scaled Net Operating Assets 0.32 0.62 0.76 0.67 0.46

XKLS:0389 vs GWW, FAST, FERG: Scaled Net Operating Assets Comparison

For the Industrial Distribution subindustry, One Gasmaster Holdings 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.


One Gasmaster Holdings Bhd Scaled Net Operating Assets vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, One Gasmaster Holdings Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where One Gasmaster Holdings Bhd's Scaled Net Operating Assets falls into.


XKLS:0389
13GF Score
One Gasmaster Holdings Bhd XKLS:0389
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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One Gasmaster Holdings 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.

One Gasmaster Holdings Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(26.649-5.591)/27.814
=0.76

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28.925 - 2.276
=26.649

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.059 - 6.773 - 0.695
=5.591

One Gasmaster Holdings 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: Sep. 2025 )
=(24.519-4.31)/44.193
=0.46

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46.019 - 21.5
=24.519

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.822 - 6.078 - 0.434
=4.31

* 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 0.46 mean?
One Gasmaster Holdings Bhd (XKLS:0389) has a Scaled Net Operating Assets of 0.46 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 One Gasmaster Holdings Bhd and its competitors.
Is One Gasmaster Holdings Bhd's Scaled Net Operating Assets too high?
One Gasmaster Holdings Bhd's current Scaled Net Operating Assets is 0.46. Overall, One Gasmaster Holdings Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does One Gasmaster Holdings Bhd's Scaled Net Operating Assets compare to GWW and FAST?
One Gasmaster Holdings Bhd's Scaled Net Operating Assets of 0.46 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 One Gasmaster Holdings Bhd and its competitors. One Gasmaster Holdings Bhd's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One Gasmaster Holdings Bhd stock overvalued right now?
One Gasmaster Holdings Bhd (XKLS:0389) has a current Scaled Net Operating Assets of 0.46. The current Scaled Net Operating Assets is 0.46. One Gasmaster Holdings Bhd's overall GF Score™ is 13/100 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 One Gasmaster Holdings Bhd (XKLS:0389), the current Scaled Net Operating Assets is 0.46 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.

One Gasmaster Holdings Bhd Business Description

Address No. 18, Jalan PJU 3/48, Sunway Damansara Technology Park, Petaling Jaya, SGR, MYS, 47810
One Gasmaster Holdings Bhd is an investment holding company. Through its subsidiary, the company is principally involved in environmental monitoring, gas detection & gas piping and industrial hygiene services in oil and gas, power generation, manufacturing, and othet related sectors. It also provides maintenance and calibration services calibration laboratory. Additionally, the company trades products, including instruments, parts and components. Its reportable segments include Trading of products/parts, Maintenance and calibration services and Projects segment, which earns maximum revenue engaged in providing the design, supply, installation, testing and commissioning of new environment monitoring, gas detection and industrial hygiene solutions, and gas piping solutions.
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