Black Sesame International Holding (HKSE:02533) Scaled Net Operating Assets: 0.15 (As of Dec. 2025)

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HKSE:02533 Black Sesame International Holding Ltd HKSE:02533
5 GF Score
Price HK$11.90
! 6 Warning Signs
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What is Black Sesame International Holding Scaled Net Operating Assets?

Black Sesame International Holding HKSE:02533 +2.15% 5 Scaled Net Operating Assets is 0.15 as of Dec. 2025. GuruFocus rates HKSE:02533 with a GF Score™ of 5/100. 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.

Black Sesame International Holding's operating assets for the quarter that ended in Dec. 2025 was HK$1,232.9 Mil. Black Sesame International Holding's operating liabilities for the quarter that ended in Dec. 2025 was HK$783.5 Mil. Black Sesame International Holding's Total Assets for the quarter that ended in Jun. 2025 was HK$3,094.2 Mil. Therefore, Black Sesame International Holding's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.15.


Black Sesame International Holding Scaled Net Operating Assets Historical Data

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The historical data trend for Black Sesame International Holding'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.

Black Sesame International Holding Scaled Net Operating Assets Chart

Black Sesame International Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-2.86 -4.19 -5.62 0.10 0.18

Black Sesame International Holding Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 -5.35 0.12 0.12 0.15

HKSE:02533 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Black Sesame International Holding'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.


Black Sesame International Holding Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Black Sesame International Holding's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Black Sesame International Holding's Scaled Net Operating Assets falls into.


HKSE:02533
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Black Sesame International Holding Ltd HKSE:02533
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Sesame International Holding 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.

Black Sesame International Holding'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 )
=(1232.905-783.458)/2474.047
=0.18

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2923.89 - 1690.985
=1232.905

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1643.568 - 21.12 - 838.99
=783.458

Black Sesame International Holding'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 )
=(1232.905-783.458)/3094.155
=0.15

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2923.89 - 1690.985
=1232.905

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1643.568 - 21.12 - 838.99
=783.458

* 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 0.15 mean?
Black Sesame International Holding (HKSE:02533) has a Scaled Net Operating Assets of 0.15 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 Black Sesame International Holding and its competitors.
Is Black Sesame International Holding's Scaled Net Operating Assets too high?
Black Sesame International Holding's current Scaled Net Operating Assets is 0.15. Overall, Black Sesame International Holding has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Black Sesame International Holding's Scaled Net Operating Assets compare to NVDA and AVGO?
Black Sesame International Holding's Scaled Net Operating Assets of 0.15 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Black Sesame International Holding and its competitors. Black Sesame International Holding's current Scaled Net Operating Assets is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Sesame International Holding stock overvalued right now?
Black Sesame International Holding (HKSE:02533) has a current Scaled Net Operating Assets of 0.15. The current Scaled Net Operating Assets is 0.15. Black Sesame International Holding's overall GF Score™ is 5/100 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 Black Sesame International Holding (HKSE:02533), the current Scaled Net Operating Assets is 0.15 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.

Black Sesame International Holding Business Description

Address No. 79 Xudong Street, 30/F, Building A, Zhongxing Times, Digital Trade Port, Hongshan District, Hubei Province, Wuhan, CHN
Black Sesame International Holding Ltd provides automotive-grade intelligent vehicle computing SoCs and SoC-based intelligent vehicle solutions. Its proprietary automotive-grade products (such as Huashan A2000, Huashan A1000, Wudang C1236, and Wudang C1296 series of chips) and technologies empower intelligent vehicles with mission-critical capabilities, such as autonomous driving, smart cockpits, imaging, and interconnection. The company offers full-stack autonomous driving capabilities to meet broad customer needs through SoCs and SoC-based solutions, powered by its in-house developed IP cores, algorithms, and support software. Geographically, the company derives a majority of its revenue from the People's Republic of China.
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HK$11.90
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