AB Builders Group (HKSE:01615) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)

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HKSE:01615 AB Builders Group Ltd HKSE:01615
45 GF Score
Price HK$0.38
GF Value HK$0.52
Valuation Modestly Undervalued
! 6 Warning Signs
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What is AB Builders Group Scaled Net Operating Assets?

AB Builders Group HKSE:01615 -2.60% 45 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates HKSE:01615 with a GF Score™ of 45/100 and a GF Value™ of HK$0.52 (Modestly Undervalued). The stock has 6 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.

AB Builders Group's operating assets for the quarter that ended in Dec. 2025 was HK$217.7 Mil. AB Builders Group's operating liabilities for the quarter that ended in Dec. 2025 was HK$82.0 Mil. AB Builders Group's Total Assets for the quarter that ended in Jun. 2025 was HK$314.4 Mil. Therefore, AB Builders Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.


AB Builders Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for AB Builders Group'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.

AB Builders Group Scaled Net Operating Assets Chart

AB Builders Group 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 0.26 0.15 0.37 0.54 0.46

AB Builders Group Semi-Annual Data
Dec15 Dec16 Jun17 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 Premium Member Only Premium Member Only 0.38 0.44 0.62 0.43 0.43

HKSE:01615 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, AB Builders Group'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.


AB Builders Group Scaled Net Operating Assets vs Construction Industry

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

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


HKSE:01615
45GF Score
AB Builders Group Ltd HKSE:01615
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AB Builders Group 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.

AB Builders Group'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 )
=(217.672-81.961)/297.899
=0.46

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=287.034 - 69.362
=217.672

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=95.931 - 0.321 - 13.649
=81.961

AB Builders Group'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 )
=(217.672-81.961)/314.37
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=287.034 - 69.362
=217.672

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=95.931 - 0.321 - 13.649
=81.961

* 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 0.43 mean?
AB Builders Group (HKSE:01615) has a Scaled Net Operating Assets of 0.43 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 AB Builders Group and its competitors.
Is AB Builders Group's Scaled Net Operating Assets too high?
AB Builders Group's current Scaled Net Operating Assets is 0.43. Overall, AB Builders Group has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AB Builders Group's Scaled Net Operating Assets compare to PWR and FIX?
AB Builders Group's Scaled Net Operating Assets of 0.43 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 AB Builders Group and its competitors. AB Builders Group's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AB Builders Group stock overvalued right now?
Based on GuruFocus' analysis, AB Builders Group (HKSE:01615) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.52, compared to a current price of HK$0.38 — trading 27.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. AB Builders Group's overall GF Score™ is 45/100 with 6 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 AB Builders Group (HKSE:01615), the current Scaled Net Operating Assets is 0.43 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 AB Builders Group (HKSE:01615) Overvalued in 2026?

Based on GuruFocus' analysis, AB Builders Group stock appears to be undervalued. The current stock price of HK$0.38 is trading 27.9% below its estimated GF Value™ of HK$0.52. GuruFocus considers AB Builders Group to be Modestly Undervalued.

Key valuation signals for HKSE:01615:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: HK$0.52 vs. price of HK$0.38 (27.9% below fair value)
  • GF Score™: 45/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AB Builders Group Business Description

Address No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC
AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high-rise buildings, and fitting-out works, and structural works, and sales of air purification unit/system. The company's reportable segment is Construction Services, which comprises fitting-out works and structural works. Geographically, the company generates revenue from Macau, Hong Kong, and the People's Republic of China. The firm generates the majority of its revenue from Macau.
45GF Score

Get the complete analysis for HKSE:01615

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

HK$0.38
Price
HK$0.52
GF Value