China Automotive Systems (FRA:2IW) Scaled Net Operating Assets: 0.51 (As of Dec. 2025)


FRA:2IW China Automotive Systems Inc FRA:2IW
76 GF Score
Price €3.90
GF Value €4.57
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Automotive Systems Scaled Net Operating Assets?

China Automotive Systems FRA:2IW +1.56% 76 Scaled Net Operating Assets is 0.51 as of Dec. 2025. GuruFocus rates FRA:2IW with a GF Score™ of 76/100 and a GF Value™ of €4.57 (Modestly Undervalued). 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.

China Automotive Systems's operating assets for the quarter that ended in Dec. 2025 was €703.5 Mil. China Automotive Systems's operating liabilities for the quarter that ended in Dec. 2025 was €291.7 Mil. China Automotive Systems's Total Assets for the quarter that ended in Sep. 2025 was €800.1 Mil. Therefore, China Automotive Systems's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.51.


China Automotive Systems Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for China Automotive Systems'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 Automotive Systems Scaled Net Operating Assets Chart

China Automotive Systems 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 0.51 0.48 0.52 0.64 0.51

China Automotive Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.61 0.57 0.52 0.43 0.52

FRA:2IW vs INVZ, CVGI, SRI: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, China Automotive Systems'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 Automotive Systems Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Automotive Systems's Scaled Net Operating Assets falls into.


FRA:2IW
76GF Score
China Automotive Systems Inc FRA:2IW
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Automotive Systems 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 Automotive Systems'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 )
=(703.497-291.74)/812.303
=0.51

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=855.45 - 151.953
=703.497

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=470.551 - 4.86 - 173.951
=291.74

China Automotive Systems's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(703.497-291.74)/800.148
=0.51

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=855.45 - 151.953
=703.497

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=470.551 - 4.86 - 173.951
=291.74

* 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 0.51 mean?
China Automotive Systems (FRA:2IW) has a Scaled Net Operating Assets of 0.51 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 China Automotive Systems and its competitors.
Is China Automotive Systems' Scaled Net Operating Assets too high?
China Automotive Systems' current Scaled Net Operating Assets is 0.51. Overall, China Automotive Systems has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Automotive Systems' Scaled Net Operating Assets compare to INVZ and CVGI?
China Automotive Systems' Scaled Net Operating Assets of 0.51 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Automotive Systems and its competitors. China Automotive Systems's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Systems stock overvalued right now?
Based on GuruFocus' analysis, China Automotive Systems (FRA:2IW) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.57, compared to a current price of €3.90 — trading 14.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.51. China Automotive Systems' overall GF Score™ is 76/100 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 China Automotive Systems (FRA:2IW), the current Scaled Net Operating Assets is 0.51 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.

Is China Automotive Systems (FRA:2IW) Overvalued in 2026?

Based on GuruFocus' analysis, China Automotive Systems stock appears to be undervalued. The current stock price of €3.90 is trading 14.7% below its estimated GF Value™ of €4.57. GuruFocus considers China Automotive Systems to be Modestly Undervalued.

Key valuation signals for FRA:2IW:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: €4.57 vs. price of €3.90 (14.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FRA:2IW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Automotive Systems Business Description

Other Exchanges CAAS:USA
Address No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm, through its subsidiary, is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series of power steering models, including rack and pinion power steering, integral power steering, electronic power steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
76GF Score

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

€3.90
Price
€4.57
GF Value