China SCE Group Holdings (FRA:XSP) Scaled Net Operating Assets: 0.30 (As of Dec. 2025)


What is China SCE Group Holdings Scaled Net Operating Assets?

China SCE Group Holdings FRA:XSP Scaled Net Operating Assets is 0.30 as of Dec. 2025. 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.

China SCE Group Holdings's operating assets for the quarter that ended in Dec. 2025 was €10,449 Mil. China SCE Group Holdings's operating liabilities for the quarter that ended in Dec. 2025 was €6,484 Mil. China SCE Group Holdings's Total Assets for the quarter that ended in Jun. 2025 was €13,223 Mil. Therefore, China SCE Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.30.

China SCE Group Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for China SCE Group 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.

China SCE Group Holdings Scaled Net Operating Assets Chart

China SCE Group 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 0.49 0.36 0.25 0.26 0.24

China SCE Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.27 0.29 0.31 0.28 0.30

China SCE Group Holdings Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, China SCE Group 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.

China SCE Group Holdings Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China SCE Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


China SCE Group 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.

China SCE Group 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 )
=(10448.858-6483.918)/16827.007
=0.24

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10745.83 - 296.972
=10448.858

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10496.086 - 712.803 - 3299.365
=6483.918

China SCE Group 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: Jun. 2025 )
=(10448.858-6483.918)/13222.827
=0.30

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10745.83 - 296.972
=10448.858

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10496.086 - 712.803 - 3299.365
=6483.918

* 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 0.30 mean?
China SCE Group Holdings (FRA:XSP) has a Scaled Net Operating Assets of 0.30 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 SCE Group Holdings and its competitors.
Is China SCE Group Holdings' Scaled Net Operating Assets too high?
China SCE Group Holdings' current Scaled Net Operating Assets is 0.30.
How does China SCE Group Holdings' Scaled Net Operating Assets compare to competitors?
China SCE Group Holdings' Scaled Net Operating Assets of 0.30 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 SCE Group Holdings and its competitors. China SCE Group Holdings's current Scaled Net Operating Assets is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China SCE Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, China SCE Group Holdings (FRA:XSP) is currently considered Possible Value Trap. The stock's GF Value™ is €0.02, compared to a current price of €0.00 — trading 80% below its estimated fair value. The current Scaled Net Operating Assets is 0.30. 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 SCE Group Holdings (FRA:XSP), the current Scaled Net Operating Assets is 0.30 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.

China SCE Group Holdings Business Description

Other Exchanges 01966:Hong Kong
Address No. 2, Lane 1688, Shenchang Road, SCE Tower, Hongqiao Business District, Shanghai, CHN
China SCE Group Holdings Ltd principal activity is investment holding. It is principally engaged in property development, property investment, property management, project management and land development in the PRC. It focused development in the Yangtze River Delta Economic Zone, the Bohai Rim Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the West Taiwan Strait Economic Zone and the Central Western Region. The Group's property projects includes Beijing, Shanghai, Tianjin, Chongqing, Chengdu, Suzhou, Hangzhou, Nanjing, Zhengzhou, Qingdao, Jinan, Xiamen, Nanchang and Kunming, etc. Its products cover a wide range of properties including high-rise residential buildings, offices, shopping malls and long-term rental apartments.