Shoucheng Holdings (FRA:SHVA) Scaled Net Operating Assets: 0.48 (As of Dec. 2025)


FRA:SHVA Shoucheng Holdings Ltd FRA:SHVA
52 GF Score
Price €0.14
GF Value €0.20
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shoucheng Holdings Scaled Net Operating Assets?

Shoucheng Holdings FRA:SHVA -3.50% 52 Scaled Net Operating Assets is 0.48 as of Dec. 2025. GuruFocus rates FRA:SHVA with a GF Score™ of 52/100 and a GF Value™ of €0.20 (Possible Value Trap). The stock has 5 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.

Shoucheng Holdings's operating assets for the quarter that ended in Dec. 2025 was €1,006.0 Mil. Shoucheng Holdings's operating liabilities for the quarter that ended in Dec. 2025 was €154.1 Mil. Shoucheng Holdings's Total Assets for the quarter that ended in Sep. 2025 was €1,788.4 Mil. Therefore, Shoucheng Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.48.


Shoucheng Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shoucheng Holdings'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.

Shoucheng Holdings Scaled Net Operating Assets Chart

Shoucheng Holdings 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 0.63 0.59 0.50 0.55 0.50

Shoucheng Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 0.00 0.44 0.00 0.48 0.00

Shoucheng Holdings Scaled Net Operating Assets Competitor Comparison

For the Infrastructure Operations subindustry, Shoucheng Holdings'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.


Shoucheng Holdings Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Shoucheng Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shoucheng Holdings's Scaled Net Operating Assets falls into.


FRA:SHVA
52GF Score
Shoucheng Holdings Ltd FRA:SHVA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoucheng Holdings 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.

Shoucheng Holdings'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 )
=(1006.023-154.08)/1698.97
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1708.561 - 702.538
=1006.023

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=485.419 - 308.402 - 22.937
=154.08

Shoucheng Holdings'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 )
=(1006.023-154.08)/1788.436
=0.48

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1708.561 - 702.538
=1006.023

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=485.419 - 308.402 - 22.937
=154.08

* 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 0.48 mean?
Shoucheng Holdings (FRA:SHVA) has a Scaled Net Operating Assets of 0.48 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 Shoucheng Holdings and its competitors.
Is Shoucheng Holdings' Scaled Net Operating Assets too high?
Shoucheng Holdings' current Scaled Net Operating Assets is 0.48. Overall, Shoucheng Holdings has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shoucheng Holdings' Scaled Net Operating Assets compare to competitors?
Shoucheng Holdings' Scaled Net Operating Assets of 0.48 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Shoucheng Holdings and its competitors. Shoucheng Holdings's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoucheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shoucheng Holdings (FRA:SHVA) is currently considered Possible Value Trap. The stock's GF Value™ is €0.20, compared to a current price of €0.14 — trading 31% below its estimated fair value. The current Scaled Net Operating Assets is 0.48. Shoucheng Holdings' overall GF Score™ is 52/100 with 5 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 Shoucheng Holdings (FRA:SHVA), the current Scaled Net Operating Assets is 0.48 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 Shoucheng Holdings (FRA:SHVA) Overvalued in 2026?

Based on GuruFocus' analysis, Shoucheng Holdings stock appears to be undervalued. The current stock price of €0.14 is trading 31% below its estimated GF Value™ of €0.20. GuruFocus considers Shoucheng Holdings to be Possible Value Trap.

Key valuation signals for FRA:SHVA:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: €0.20 vs. price of €0.14 (31% below fair value)
  • GF Score™: 52/100 with 5 warning signs

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


Shoucheng Holdings Business Description

Other Exchanges 00697:Hong Kong
Address 56 Gloucester Road, 7th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shoucheng Holdings Ltd is engaged in the operation and management of car parking assets; and the management of private funds oriented towards urban development. The principal activity of the Company is investment holding. The Group's revenue comes from asset operations and FIME. The operations of the comany operates in areas including parking management, industrial space management, REITs investment and consulting, and equity investment.
52GF 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.

€0.14
Price
€0.20
GF Value