Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Naas Technology's operating assets for the quarter that ended in Dec. 2025 was $32.67 Mil. Naas Technology's operating liabilities for the quarter that ended in Dec. 2025 was $88.02 Mil. Naas Technology's Total Assets for the quarter that ended in Jun. 2025 was $86.45 Mil. Therefore, Naas Technology's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.64.
Naas Technology Scaled Net Operating Assets Related Terms
Naas Technology Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Naas Technology'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.
NAAS vs LESL, PTLE, NPT: Scaled Net Operating Assets Comparison
For the Specialty Retail subindustry, Naas Technology'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.
Naas Technology Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Naas Technology's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Naas Technology's Scaled Net Operating Assets falls into.
* 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 -0.64 mean?
Naas Technology (NAAS) has a Scaled Net Operating Assets of -0.64 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 Naas Technology and its competitors.
Is Naas Technology's Scaled Net Operating Assets too high?
Naas Technology's current Scaled Net Operating Assets is -0.64. Overall, Naas Technology has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Naas Technology's Scaled Net Operating Assets compare to LESL and PTLE?
Naas Technology's Scaled Net Operating Assets of -0.64 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 Naas Technology and its competitors. Naas Technology's current Scaled Net Operating Assets is -0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naas Technology stock overvalued right now?
Naas Technology (NAAS) has a current Scaled Net Operating Assets of -0.64. The current Scaled Net Operating Assets is -0.64. Naas Technology's overall GF Score™ is 31/100 with 7 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 Naas Technology (NAAS), the current Scaled Net Operating Assets is -0.64 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.
Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators, a wide range of offline services that simplify the daily operations of charging station operators, and non-charging services such as food and beverage services to station operators.
31GF Score
Get the complete analysis for NAAS
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NAAS has been successfully added to your 
