Axera Semiconductor Co (HKSE:0600) Scaled Net Operating Assets: -1.59 (As of Dec. 2025)

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What is Axera Semiconductor Co Scaled Net Operating Assets?

Axera Semiconductor Co HKSE:0600 Scaled Net Operating Assets is -1.59 as of Dec. 2025. The stock has 3 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.

Axera Semiconductor Co's operating assets for the quarter that ended in Dec. 2025 was HK$2,932.1 Mil. Axera Semiconductor Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$8,193.4 Mil. Axera Semiconductor Co's Total Assets for the quarter that ended in Sep. 2025 was HK$3,310.0 Mil. Therefore, Axera Semiconductor Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -1.59.


Axera Semiconductor Co Scaled Net Operating Assets Historical Data

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The historical data trend for Axera Semiconductor Co'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.

Axera Semiconductor Co Scaled Net Operating Assets Chart

Axera Semiconductor Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-1.62 -1.48 -1.08 -1.64

Axera Semiconductor Co Quarterly Data
Dec22 Dec23 Dec24 Sep25 Dec25
Scaled Net Operating Assets -1.62 -1.48 -1.08 -1.54 -1.59

HKSE:0600 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Axera Semiconductor Co'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.


Axera Semiconductor Co Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Axera Semiconductor Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Axera Semiconductor Co's Scaled Net Operating Assets falls into.



Axera Semiconductor Co 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.

Axera Semiconductor Co'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 )
=(2932.051-8193.434)/3211.514
=-1.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3977.231 - 1045.18
=2932.051

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9288.946 - 727.823 - 367.689
=8193.434

Axera Semiconductor Co'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: Sep. 2025 )
=(2932.051-8193.434)/3310.018
=-1.59

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3977.231 - 1045.18
=2932.051

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9288.946 - 727.823 - 367.689
=8193.434

* 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 -1.59 mean?
Axera Semiconductor Co (HKSE:0600) has a Scaled Net Operating Assets of -1.59 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 Axera Semiconductor Co and its competitors.
Is Axera Semiconductor Co's Scaled Net Operating Assets too high?
Axera Semiconductor Co's current Scaled Net Operating Assets is -1.59.
How does Axera Semiconductor Co's Scaled Net Operating Assets compare to NVDA and AVGO?
Axera Semiconductor Co's Scaled Net Operating Assets of -1.59 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 Axera Semiconductor Co and its competitors. Axera Semiconductor Co's current Scaled Net Operating Assets is -1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axera Semiconductor Co stock overvalued right now?
Axera Semiconductor Co (HKSE:0600) has a current Scaled Net Operating Assets of -1.59. The current Scaled Net Operating Assets is -1.59. 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 Axera Semiconductor Co (HKSE:0600), the current Scaled Net Operating Assets is -1.59 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.

Axera Semiconductor Co Business Description

Address No. 777 Zhongguan West Road, Room 59, 17th Floor, Kechuang Building, Zhuangshi Subdistrict, Zhenhai District, Zhejiang, Ningbo, CHN
Axera Semiconductor Co Ltd is principally engaged in the AI inference SoCs, delivering cutting-edge perception and computing platforms for edge and endpoint AI applications. It is building an AI computing infrastructure to make artificial intelligence accessible to everyone, creating an empowered future where AI improves lives for all. The company is focused on three business areas: on-device computing, smart vehicles, and edge AI inference, and is executing a plan to become a top-tier, internationally scaled, and well-capitalized industrial. Its product portfolio includes On-device Computing products, Smart Vehicle products, and Edge AI Inference products. The company derives the majority of its revenue from the sale of its On-device computing products.