CHGI (China Carbon Graphite Group) Scaled Net Operating Assets: -8.71 (As of Sep. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHGI China Carbon Graphite Group Inc CHGI
12 GF Score
Price $0.00
View Full Analysis

What is China Carbon Graphite Group Scaled Net Operating Assets?

China Carbon Graphite Group CHGI 12 Scaled Net Operating Assets is -8.71 as of Sep. 2021. GuruFocus rates CHGI with a GF Score™ of 12/100.

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

China Carbon Graphite Group's operating assets for the quarter that ended in Sep. 2021 was $0.49 Mil. China Carbon Graphite Group's operating liabilities for the quarter that ended in Sep. 2021 was $3.05 Mil. China Carbon Graphite Group's Total Assets for the quarter that ended in Jun. 2021 was $0.29 Mil. Therefore, China Carbon Graphite Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was -8.71.

China Carbon Graphite Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for China Carbon Graphite Group'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.

China Carbon Graphite Group Scaled Net Operating Assets Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.53 -5.60 -8.95 -20.33 -16.27

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -15.62 -19.92 -20.81 -23.30 -8.71

CHGI vs PLUG: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, China Carbon Graphite Group'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.

China Carbon Graphite Group Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Carbon Graphite Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Carbon Graphite Group's Scaled Net Operating Assets falls into.


CHGI
12GF Score
China Carbon Graphite Group Inc CHGI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Carbon Graphite Group 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.

China Carbon Graphite Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(0.114-2.684)/0.158
=-16.27

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.122 - 0.008
=0.114

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.822 - 0.002 - 0.136
=2.684

China Carbon Graphite Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(0.494-3.047)/0.293
=-8.71

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.766 - 0.272
=0.494

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.152 - 0 - 0.105
=3.047

* 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 -8.71 mean?
China Carbon Graphite Group (CHGI) has a Scaled Net Operating Assets of -8.71 as of Sep. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on China Carbon Graphite Group and its competitors.
Is China Carbon Graphite Group's Scaled Net Operating Assets too high?
China Carbon Graphite Group's current Scaled Net Operating Assets is -8.71. Overall, China Carbon Graphite Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Carbon Graphite Group's Scaled Net Operating Assets compare to PLUG?
China Carbon Graphite Group's Scaled Net Operating Assets of -8.71 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 China Carbon Graphite Group and its competitors. China Carbon Graphite Group's current Scaled Net Operating Assets is -8.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Carbon Graphite Group stock overvalued right now?
China Carbon Graphite Group (CHGI) has a current Scaled Net Operating Assets of -8.71. The current Scaled Net Operating Assets is -8.71. China Carbon Graphite Group's overall GF Score™ is 12/100. 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 China Carbon Graphite Group (CHGI), the current Scaled Net Operating Assets is -8.71 as of Sep. 2021. 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.

China Carbon Graphite Group Business Description

Address 20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.
12GF Score

Get the complete analysis for CHGI

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

$0.00
Price