ShanDong Inov Polyurethane Co (BJSE:920261) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)

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BJSE:920261 ShanDong Inov Polyurethane Co Ltd BJSE:920261
73 GF Score
Price ¥12.89
GF Value ¥11.74
Valuation Fairly Valued
! 3 Warning Signs
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What is ShanDong Inov Polyurethane Co Scaled Net Operating Assets?

ShanDong Inov Polyurethane Co BJSE:920261 73 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates BJSE:920261 with a GF Score™ of 73/100 and a GF Value™ of ¥11.74 (Fairly Valued). 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.

ShanDong Inov Polyurethane Co's operating assets for the quarter that ended in Mar. 2026 was ¥2,898 Mil. ShanDong Inov Polyurethane Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥1,188 Mil. ShanDong Inov Polyurethane Co's Total Assets for the quarter that ended in Dec. 2025 was ¥2,856 Mil. Therefore, ShanDong Inov Polyurethane Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


ShanDong Inov Polyurethane Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ShanDong Inov Polyurethane 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.

ShanDong Inov Polyurethane Co Scaled Net Operating Assets Chart

ShanDong Inov Polyurethane Co 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 0.45 0.42 0.51 0.48 0.59

ShanDong Inov Polyurethane Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 0.55 0.53 0.54 0.53 0.60

BJSE:920261 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, ShanDong Inov Polyurethane 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.


ShanDong Inov Polyurethane Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, ShanDong Inov Polyurethane Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ShanDong Inov Polyurethane Co's Scaled Net Operating Assets falls into.


BJSE:920261
73GF Score
ShanDong Inov Polyurethane Co Ltd BJSE:920261
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ShanDong Inov Polyurethane 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.

ShanDong Inov Polyurethane 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 )
=(2552.855-1073.752)/2515.261
=0.59

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2856.408 - 303.553
=2552.855

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1211.348 - 76.841 - 60.755
=1073.752

ShanDong Inov Polyurethane Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2897.806-1188.283)/2856.408
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3241.868 - 344.062
=2897.806

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1582.53 - 113.554 - 280.693
=1188.283

* 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 0.60 mean?
ShanDong Inov Polyurethane Co (BJSE:920261) has a Scaled Net Operating Assets of 0.60 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ShanDong Inov Polyurethane Co and its competitors.
Is ShanDong Inov Polyurethane Co's Scaled Net Operating Assets too high?
ShanDong Inov Polyurethane Co's current Scaled Net Operating Assets is 0.60. Overall, ShanDong Inov Polyurethane Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ShanDong Inov Polyurethane Co's Scaled Net Operating Assets compare to LIN and SHW?
ShanDong Inov Polyurethane Co's Scaled Net Operating Assets of 0.60 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 ShanDong Inov Polyurethane Co and its competitors. ShanDong Inov Polyurethane Co's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShanDong Inov Polyurethane Co stock overvalued right now?
Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co (BJSE:920261) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.74, compared to a current price of ¥12.89 — trading 9.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.60. ShanDong Inov Polyurethane Co's overall GF Score™ is 73/100 with 3 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 ShanDong Inov Polyurethane Co (BJSE:920261), the current Scaled Net Operating Assets is 0.60 as of Mar. 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.

Is ShanDong Inov Polyurethane Co (BJSE:920261) Overvalued in 2026?

Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co stock appears to be overvalued. The current stock price of ¥12.89 is trading 9.8% above its estimated GF Value™ of ¥11.74. GuruFocus considers ShanDong Inov Polyurethane Co to be Fairly Valued.

Key valuation signals for BJSE:920261:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: ¥11.74 vs. price of ¥12.89 (9.8% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the BJSE:920261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ShanDong Inov Polyurethane Co Business Description

Address No. 5577 Baoshan Road, High-tech Zone, Shandong Province, Zibo City, CHN, 255000
ShanDong Inov Polyurethane Co Ltd engages in research and development, production, and sales of polyurethane raw materials and other downstream derivatives of EO and PO, and undertakes the construction of sports venues such as plastic tracks. Its product portfolio consists of Casting Polyurethane Prepolymer, Thermoplastic Polyurethane granules, PU flooring material, HR Foam system materials, Polyurethane foam system for footwear, Polyol, and Modified MDI.
73GF Score

Get the complete analysis for BJSE:920261

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

¥12.89
Price
¥11.74
GF Value