Changzhou Tonghui Electronic Co (BJSE:920509) Scaled Net Operating Assets: 0.43 (As of Jun. 2026)

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BJSE:920509 Changzhou Tonghui Electronic Co Ltd BJSE:920509
97 GF Score
Price ¥20.15
GF Value ¥24.52
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Changzhou Tonghui Electronic Co Scaled Net Operating Assets?

Changzhou Tonghui Electronic Co BJSE:920509 97 Scaled Net Operating Assets is 0.43 as of Jun. 2026. GuruFocus rates BJSE:920509 with a GF Score™ of 97/100 and a GF Value™ of ¥24.52 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Changzhou Tonghui Electronic Co's operating assets for the quarter that ended in Jun. 2026 was ¥228.9 Mil. Changzhou Tonghui Electronic Co's operating liabilities for the quarter that ended in Jun. 2026 was ¥44.9 Mil. Changzhou Tonghui Electronic Co's Total Assets for the quarter that ended in Mar. 2026 was ¥428.3 Mil. Therefore, Changzhou Tonghui Electronic Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.43.


Changzhou Tonghui Electronic Co Scaled Net Operating Assets Historical Data

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The historical data trend for Changzhou Tonghui Electronic 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.

Changzhou Tonghui Electronic Co Scaled Net Operating Assets Chart

Changzhou Tonghui Electronic 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 0.43 0.42 0.39 0.36 0.45

Changzhou Tonghui Electronic Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 0.47 0.45 0.44 0.43

BJSE:920509 vs COHR, KEYS, GRMN: Scaled Net Operating Assets Comparison

For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic 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.


Changzhou Tonghui Electronic Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Changzhou Tonghui Electronic Co's Scaled Net Operating Assets falls into.


BJSE:920509
97GF Score
Changzhou Tonghui Electronic Co Ltd BJSE:920509
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Changzhou Tonghui Electronic 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.

Changzhou Tonghui Electronic 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 )
=(231.197-56.315)/391.856
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=428.443 - 197.246
=231.197

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56.315 - 0 - 0
=56.315

Changzhou Tonghui Electronic Co'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: Mar. 2026 )
=(228.895-44.871)/428.265
=0.43

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=401.5 - 172.605
=228.895

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.871 - 0 - 0
=44.871

* 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 0.43 mean?
Changzhou Tonghui Electronic Co (BJSE:920509) has a Scaled Net Operating Assets of 0.43 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 Changzhou Tonghui Electronic Co and its competitors.
Is Changzhou Tonghui Electronic Co's Scaled Net Operating Assets too high?
Changzhou Tonghui Electronic Co's current Scaled Net Operating Assets is 0.43. Overall, Changzhou Tonghui Electronic Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tonghui Electronic Co's Scaled Net Operating Assets compare to COHR and KEYS?
Changzhou Tonghui Electronic Co's Scaled Net Operating Assets of 0.43 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Changzhou Tonghui Electronic Co and its competitors. Changzhou Tonghui Electronic Co's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tonghui Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co (BJSE:920509) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.52, compared to a current price of ¥20.15 — trading 17.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Changzhou Tonghui Electronic Co's overall GF Score™ is 97/100 with 1 warning sign 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 Changzhou Tonghui Electronic Co (BJSE:920509), the current Scaled Net Operating Assets is 0.43 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.

Is Changzhou Tonghui Electronic Co (BJSE:920509) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co stock appears to be undervalued. The current stock price of ¥20.15 is trading 17.8% below its estimated GF Value™ of ¥24.52. GuruFocus considers Changzhou Tonghui Electronic Co to be Modestly Undervalued.

Key valuation signals for BJSE:920509:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: ¥24.52 vs. price of ¥20.15 (17.8% below fair value)
  • GF Score™: 97/100 with 1 warning sign

No single metric tells the full story. See the BJSE:920509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Tonghui Electronic Co Business Description

Address No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester, Cable Tester, and Accessories.
97GF Score

Get the complete analysis for BJSE:920509

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

¥20.15
Price
¥24.52
GF Value