Platt Nera International (HKSE:01949) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)

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HKSE:01949 Platt Nera International Ltd HKSE:01949
53 GF Score
Price HK$0.55
GF Value HK$1.11
Valuation Possible Value Trap
! 4 Warning Signs
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What is Platt Nera International Scaled Net Operating Assets?

Platt Nera International HKSE:01949 53 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates HKSE:01949 with a GF Score™ of 53/100 and a GF Value™ of HK$1.11 (Possible Value Trap). 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.

Platt Nera International's operating assets for the quarter that ended in Dec. 2025 was HK$231.01 Mil. Platt Nera International's operating liabilities for the quarter that ended in Dec. 2025 was HK$123.00 Mil. Platt Nera International's Total Assets for the quarter that ended in Jun. 2025 was HK$248.33 Mil. Therefore, Platt Nera International's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.


Platt Nera International Scaled Net Operating Assets Historical Data

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The historical data trend for Platt Nera International'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.

Platt Nera International Scaled Net Operating Assets Chart

Platt Nera International 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 0.36 0.38 0.48 0.33 0.38

Platt Nera International 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 0.50 0.45 0.36 0.32 0.44

HKSE:01949 vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, Platt Nera International'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.


Platt Nera International Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Platt Nera International's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Platt Nera International's Scaled Net Operating Assets falls into.


HKSE:01949
53GF Score
Platt Nera International Ltd HKSE:01949
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Platt Nera International 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.

Platt Nera International'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 )
=(231.01-123.003)/281.624
=0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=272.049 - 41.039
=231.01

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=189.791 - 28.46 - 38.328
=123.003

Platt Nera International'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 )
=(231.01-123.003)/248.332
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=272.049 - 41.039
=231.01

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=189.791 - 28.46 - 38.328
=123.003

* 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?
Platt Nera International (HKSE:01949) 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 Platt Nera International and its competitors.
Is Platt Nera International's Scaled Net Operating Assets too high?
Platt Nera International's current Scaled Net Operating Assets is 0.43. Overall, Platt Nera International has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Platt Nera International's Scaled Net Operating Assets compare to IBM and ACN?
Platt Nera International's Scaled Net Operating Assets of 0.43 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Platt Nera International and its competitors. Platt Nera International'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 Platt Nera International stock overvalued right now?
Based on GuruFocus' analysis, Platt Nera International (HKSE:01949) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.11, compared to a current price of HK$0.55 — trading 50.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Platt Nera International's overall GF Score™ is 53/100 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 Platt Nera International (HKSE:01949), 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 Platt Nera International (HKSE:01949) Overvalued in 2026?

Based on GuruFocus' analysis, Platt Nera International stock appears to be undervalued. The current stock price of HK$0.55 is trading 50.5% below its estimated GF Value™ of HK$1.11. GuruFocus considers Platt Nera International to be Possible Value Trap.

Key valuation signals for HKSE:01949:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: HK$1.11 vs. price of HK$0.55 (50.5% below fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01949 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Platt Nera International Business Description

Address Soi Sukhumvit 16 (Sammit), Ratchadapisek Road, 170/9-10 Ocean Tower 1, 4th Floor, Klongtoey, Bangkok, THA, 10110
Platt Nera International Ltd is engaged in the provision of IT-integrated solutions and IT support services, and the sale of equipment mainly in Thailand. Its IT integrated solutions comprise a range of services, from project design and planning, assessment of hardware and/or software options and their suitability, sourcing, and sale of hardware and/ or software (either bundled or separately), system installation and launch to trial operation and acceptance, including system upgrades for existing systems. Geographically, the company generates maximum revenue from Thailand, and the rest from Hong Kong.
53GF Score

Get the complete analysis for HKSE:01949

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

HK$0.55
Price
HK$1.11
GF Value