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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
CM Energy Tech Co's operating assets for the quarter that ended in Dec. 2025 was HK$1,571 Mil. CM Energy Tech Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$931 Mil. CM Energy Tech Co's Total Assets for the quarter that ended in Jun. 2025 was HK$2,356 Mil. Therefore, CM Energy Tech Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.27.
CM Energy Tech Co Scaled Net Operating Assets Related Terms
CM Energy Tech Co Scaled Net Operating Assets Historical Data
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The historical data trend for CM Energy Tech 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.
CM Energy Tech Co Scaled Net Operating Assets Chart
HKSE:00206 vs SLB, BKR, FTI: Scaled Net Operating Assets Comparison
For the Oil & Gas Equipment & Services subindustry, CM Energy Tech 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.
CM Energy Tech Co Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CM Energy Tech Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where CM Energy Tech Co's Scaled Net Operating Assets falls into.
* 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 0.27 mean?
CM Energy Tech Co (HKSE:00206) has a Scaled Net Operating Assets of 0.27 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 CM Energy Tech Co and its competitors.
Is CM Energy Tech Co's Scaled Net Operating Assets too high?
CM Energy Tech Co's current Scaled Net Operating Assets is 0.27. Overall, CM Energy Tech Co has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CM Energy Tech Co's Scaled Net Operating Assets compare to SLB and BKR?
CM Energy Tech Co's Scaled Net Operating Assets of 0.27 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 CM Energy Tech Co and its competitors. CM Energy Tech Co's current Scaled Net Operating Assets is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CM Energy Tech Co stock overvalued right now?
Based on GuruFocus' analysis, CM Energy Tech Co (HKSE:00206) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.24 — trading 18.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.27. CM Energy Tech Co's overall GF Score™ is 53/100 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 CM Energy Tech Co (HKSE:00206), the current Scaled Net Operating Assets is 0.27 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 CM Energy Tech Co (HKSE:00206) Overvalued in 2026?
Based on GuruFocus' analysis, CM Energy Tech Co stock appears to be overvalued.
The current stock price of HK$0.24 is trading 18.5% above its estimated GF Value™ of HK$0.20.
GuruFocus considers CM Energy Tech Co to be Modestly Overvalued.
Key valuation signals for HKSE:00206:
Scaled Net Operating Assets: 0.27
GF Value™: HK$0.20 vs. price of HK$0.24 (18.5% above fair value)
No single metric tells the full story. See the HKSE:00206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CM Energy Tech Co Ltd is an investment holding company operating in the new energy sector. Its activities are centered on hydrogen energy, marine equipment, electric drive systems, and related services. The company has three reportable segments: Equipment manufacturing and packages, Supply chain and integration services and Assets management and engineering services. The majority of revenue is derived from the Shipbuilding and offshore equipment support segment, which includes Design, manufacturing, installation and commissioning of equipment related to land and offshore drilling rigs and equipment related to offshore wind power installation platforms and rigs. Its product range includes jacking systems, pile legs and racks, cranes, etc.
53GF Score
Get the complete analysis for HKSE:00206
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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