Design Capital (HKSE:01545) Scaled Net Operating Assets: 0.36 (As of Dec. 2025)

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HKSE:01545 Design Capital Ltd HKSE:01545
47 GF Score
Price HK$0.16
GF Value HK$0.04
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Design Capital Scaled Net Operating Assets?

Design Capital HKSE:01545 +1.88% 47 Scaled Net Operating Assets is 0.36 as of Dec. 2025. GuruFocus rates HKSE:01545 with a GF Score™ of 47/100 and a GF Value™ of HK$0.04 (Significantly Overvalued). 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.

Design Capital's operating assets for the quarter that ended in Dec. 2025 was HK$232.9 Mil. Design Capital's operating liabilities for the quarter that ended in Dec. 2025 was HK$69.9 Mil. Design Capital's Total Assets for the quarter that ended in Jun. 2025 was HK$452.7 Mil. Therefore, Design Capital's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.36.


Design Capital Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Design Capital'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.

Design Capital Scaled Net Operating Assets Chart

Design Capital 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 0.30 0.50 0.46 0.42 0.35

Design Capital Semi-Annual Data
Dec16 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 0.47 0.39 0.43 0.43 0.36

HKSE:01545 vs CASY, WSM, ULTA: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Design Capital'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.


Design Capital Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Design Capital's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Design Capital's Scaled Net Operating Assets falls into.


HKSE:01545
47GF Score
Design Capital Ltd HKSE:01545
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Design Capital 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.

Design Capital'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 )
=(232.887-69.898)/469.075
=0.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=459.21 - 226.323
=232.887

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138.893 - 49.511 - 19.484
=69.898

Design Capital'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 )
=(232.887-69.898)/452.661
=0.36

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=459.21 - 226.323
=232.887

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138.893 - 49.511 - 19.484
=69.898

* 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 0.36 mean?
Design Capital (HKSE:01545) has a Scaled Net Operating Assets of 0.36 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 Design Capital and its competitors.
Is Design Capital's Scaled Net Operating Assets too high?
Design Capital's current Scaled Net Operating Assets is 0.36. Overall, Design Capital has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Design Capital's Scaled Net Operating Assets compare to CASY and WSM?
Design Capital's Scaled Net Operating Assets of 0.36 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Design Capital and its competitors. Design Capital's current Scaled Net Operating Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Design Capital stock overvalued right now?
Based on GuruFocus' analysis, Design Capital (HKSE:01545) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.16 — trading 307.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.36. Design Capital's overall GF Score™ is 47/100 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 Design Capital (HKSE:01545), the current Scaled Net Operating Assets is 0.36 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 Design Capital (HKSE:01545) Overvalued in 2026?

Based on GuruFocus' analysis, Design Capital stock appears to be overvalued. The current stock price of HK$0.16 is trading 307.5% above its estimated GF Value™ of HK$0.04. GuruFocus considers Design Capital to be Significantly Overvalued.

Key valuation signals for HKSE:01545:

  • Scaled Net Operating Assets: 0.36
  • GF Value™: HK$0.04 vs. price of HK$0.16 (307.5% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Design Capital Business Description

Address 130 Joo Seng Road, No. 07-05, Singapore, SGP, 368357
Design Capital Ltd is an investment holding company. Along with its subsidiaries, it offers products and services into four reportable operating segments which is: the interior design business, which provides interior design and fitting-out services for homes, offices and commercial projects, supplies and installs custom-made furniture; the furniture sales business, which includes both furniture sales and project sales, operates furniture retail shops in Singapore and supplies furniture to individuals and corporate customers; the U.S. furniture sales business, which represent online sales of furniture in the U.S. market; and the corporate operations, which comprise the corporate services and investment holding activities of the Group. Geographically generates revenue from the U.S.
47GF Score

Get the complete analysis for HKSE:01545

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

HK$0.16
Price
HK$0.04
GF Value