Associated Air-Pak Industries Bhd (XKLS:03067) Scaled Net Operating Assets: 0.85 (As of Jun. 2026)

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What is Associated Air-Pak Industries Bhd Scaled Net Operating Assets?

Associated Air-Pak Industries Bhd XKLS:03067 Scaled Net Operating Assets is 0.85 as of Jun. 2026. 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.

Associated Air-Pak Industries Bhd's operating assets for the quarter that ended in Jun. 2026 was RM78.33 Mil. Associated Air-Pak Industries Bhd's operating liabilities for the quarter that ended in Jun. 2026 was RM12.02 Mil. Associated Air-Pak Industries Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM78.04 Mil. Therefore, Associated Air-Pak Industries Bhd's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.85.

Associated Air-Pak Industries Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Associated Air-Pak Industries Bhd'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.

Associated Air-Pak Industries Bhd Scaled Net Operating Assets Chart

Associated Air-Pak Industries Bhd Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.86 0.92 0.94

Associated Air-Pak Industries Bhd Quarterly Data
Dec23 Dec24 Sep25 Dec25 Jun26
Scaled Net Operating Assets 0.86 0.92 0.92 0.91 0.85

XKLS:03067 vs SW, AMCR, PKG: Scaled Net Operating Assets Comparison

For the Packaging & Containers subindustry, Associated Air-Pak Industries Bhd'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.

Associated Air-Pak Industries Bhd Scaled Net Operating Assets vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Associated Air-Pak Industries Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Associated Air-Pak Industries Bhd's Scaled Net Operating Assets falls into.


Associated Air-Pak Industries Bhd 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.

Associated Air-Pak Industries Bhd'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 )
=(75.815-8.651)/71.137
=0.94

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=78.043 - 2.228
=75.815

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42.77 - 13.675 - 20.444
=8.651

Associated Air-Pak Industries Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Dec. 2025 )
=(78.334-12.018)/78.043
=0.85

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=79.802 - 1.468
=78.334

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42.707 - 11.641 - 19.048
=12.018

* 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 0.85 mean?
Associated Air-Pak Industries Bhd (XKLS:03067) has a Scaled Net Operating Assets of 0.85 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Associated Air-Pak Industries Bhd and its competitors.
Is Associated Air-Pak Industries Bhd's Scaled Net Operating Assets too high?
Associated Air-Pak Industries Bhd's current Scaled Net Operating Assets is 0.85.
How does Associated Air-Pak Industries Bhd's Scaled Net Operating Assets compare to SW and AMCR?
Associated Air-Pak Industries Bhd's Scaled Net Operating Assets of 0.85 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Scaled Net Operating Assets depends on the Packaging & Containers 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 Associated Air-Pak Industries Bhd and its competitors. Associated Air-Pak Industries Bhd's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Air-Pak Industries Bhd stock overvalued right now?
Associated Air-Pak Industries Bhd (XKLS:03067) has a current Scaled Net Operating Assets of 0.85. The current Scaled Net Operating Assets is 0.85. 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 Associated Air-Pak Industries Bhd (XKLS:03067), the current Scaled Net Operating Assets is 0.85 as of Jun. 2026. 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.

Associated Air-Pak Industries Bhd Business Description

Address 9, Persiaran Rishah 9, Kawasan Perindustrian Silibin, Perak Darul Ridzuan, Ipoh, PRK, MYS, 30100
Associated Air-Pak Industries Bhd is a manufacturer of Expanded Polyethylene Foam and Expanded Polystyrene Foam sheet. It provides range of packaging products such as Bubblepak, Expanded PE Foam, Polyethylene Films, Multi-laminated Structures, and Rolls/Sheets/Trays.