Wang- Zheng Bhd (XKLS:7203) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)


XKLS:7203 Wang- Zheng Bhd XKLS:7203
51 GF Score
Price RM0.38
GF Value RM0.57
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Wang- Zheng Bhd Scaled Net Operating Assets?

Wang- Zheng Bhd XKLS:7203 51 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates XKLS:7203 with a GF Score™ of 51/100 and a GF Value™ of RM0.57 (Significantly Undervalued). 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.

Wang- Zheng Bhd's operating assets for the quarter that ended in Mar. 2026 was RM175.3 Mil. Wang- Zheng Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM20.4 Mil. Wang- Zheng Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM263.1 Mil. Therefore, Wang- Zheng Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


Wang- Zheng Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Wang- Zheng 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.

Wang- Zheng Bhd Scaled Net Operating Assets Chart

Wang- Zheng Bhd 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 0.52 0.62 0.57 0.55

Wang- Zheng Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.57 0.61 0.64 0.59

XKLS:7203 vs SLVM: Scaled Net Operating Assets Comparison

For the Paper & Paper Products subindustry, Wang- Zheng 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.


Wang- Zheng Bhd Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Wang- Zheng Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wang- Zheng Bhd's Scaled Net Operating Assets falls into.


XKLS:7203
51GF Score
Wang- Zheng Bhd XKLS:7203
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wang- Zheng 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.

Wang- Zheng 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 )
=(188.405-23.799)/299.049
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=263.123 - 74.718
=188.405

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=70.583 - 1.831 - 44.953
=23.799

Wang- Zheng 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 )
=(175.321-20.357)/263.123
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=245.404 - 70.083
=175.321

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46.67 - 0.04 - 26.273
=20.357

* 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 0.59 mean?
Wang- Zheng Bhd (XKLS:7203) has a Scaled Net Operating Assets of 0.59 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 Wang- Zheng Bhd and its competitors.
Is Wang- Zheng Bhd's Scaled Net Operating Assets too high?
Wang- Zheng Bhd's current Scaled Net Operating Assets is 0.59. Overall, Wang- Zheng Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wang- Zheng Bhd's Scaled Net Operating Assets compare to SLVM?
Wang- Zheng Bhd's Scaled Net Operating Assets of 0.59 can be compared against companies in the Forest 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 a Forest Products company?
A good Scaled Net Operating Assets depends on the Forest 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 Wang- Zheng Bhd and its competitors. Wang- Zheng Bhd's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang- Zheng Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wang- Zheng Bhd (XKLS:7203) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.57, compared to a current price of RM0.38 — trading 33.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. Wang- Zheng Bhd's overall GF Score™ is 51/100 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 Wang- Zheng Bhd (XKLS:7203), the current Scaled Net Operating Assets is 0.59 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.

Is Wang- Zheng Bhd (XKLS:7203) Overvalued in 2026?

Based on GuruFocus' analysis, Wang- Zheng Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 33.3% below its estimated GF Value™ of RM0.57. GuruFocus considers Wang- Zheng Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:7203:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: RM0.57 vs. price of RM0.38 (33.3% below fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the XKLS:7203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wang- Zheng Bhd Business Description

Address Number 1 Jalan Utarid U5/19B, Section U5, Shah Alam, SGR, MYS, 40150
Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others. Key revenue is generated from Processed papers products segment.
51GF Score

Get the complete analysis for XKLS:7203

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

RM0.38
Price
RM0.57
GF Value