Wong Engineering Bhd (XKLS:7050) Scaled Net Operating Assets: 0.81 (As of Apr. 2026)


XKLS:7050 Wong Engineering Corp Bhd XKLS:7050
36 GF Score
Price RM0.16
GF Value RM0.30
Valuation Possible Value Trap
! 2 Warning Signs
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What is Wong Engineering Bhd Scaled Net Operating Assets?

Wong Engineering Bhd XKLS:7050 -3.13% 36 Scaled Net Operating Assets is 0.81 as of Apr. 2026. GuruFocus rates XKLS:7050 with a GF Score™ of 36/100 and a GF Value™ of RM0.30 (Possible Value Trap). 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.

Wong Engineering Bhd's operating assets for the quarter that ended in Apr. 2026 was RM120.16 Mil. Wong Engineering Bhd's operating liabilities for the quarter that ended in Apr. 2026 was RM16.98 Mil. Wong Engineering Bhd's Total Assets for the quarter that ended in Jan. 2026 was RM126.63 Mil. Therefore, Wong Engineering Bhd's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.81.


Wong Engineering Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Wong Engineering 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.

Wong Engineering Bhd Scaled Net Operating Assets Chart

Wong Engineering Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.85 0.80 0.68 0.98

Wong Engineering Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.77 0.81 1.02 0.78 0.82

XKLS:7050 vs CRS, ATI, MLI: Scaled Net Operating Assets Comparison

For the Metal Fabrication subindustry, Wong Engineering 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.


Wong Engineering Bhd Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:7050
36GF Score
Wong Engineering Corp Bhd XKLS:7050
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wong Engineering 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.

Wong Engineering Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(127.181-17.558)/111.608
=0.98

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=132.716 - 5.535
=127.181

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55.001 - 26.391 - 11.052
=17.558

Wong Engineering Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(120.16-16.981)/126.625
=0.81

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=126.627 - 6.467
=120.16

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50.592 - 24.956 - 8.655
=16.981

* 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 0.81 mean?
Wong Engineering Bhd (XKLS:7050) has a Scaled Net Operating Assets of 0.81 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Wong Engineering Bhd and its competitors.
Is Wong Engineering Bhd's Scaled Net Operating Assets too high?
Wong Engineering Bhd's current Scaled Net Operating Assets is 0.81. Overall, Wong Engineering Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Scaled Net Operating Assets compare to CRS and ATI?
Wong Engineering Bhd's Scaled Net Operating Assets of 0.81 can be compared against companies in the Industrial Products 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 Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Wong Engineering Bhd and its competitors. Wong Engineering Bhd's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.16 — trading 48.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.81. Wong Engineering Bhd's overall GF Score™ is 36/100 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 Wong Engineering Bhd (XKLS:7050), the current Scaled Net Operating Assets is 0.81 as of Apr. 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.

Is Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?

Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 48.3% below its estimated GF Value™ of RM0.30. GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7050:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: RM0.30 vs. price of RM0.16 (48.3% below fair value)
  • GF Score™: 36/100 with 2 warning signs

No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wong Engineering Bhd Business Description

Address Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park, Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
36GF Score

Get the complete analysis for XKLS:7050

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

RM0.16
Price
RM0.30
GF Value