Prinx Chengshan Holdings (HKSE:01809) Scaled Net Operating Assets: 0.69 (As of Dec. 2025)

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HKSE:01809 Prinx Chengshan Holdings Ltd HKSE:01809
99 GF Score
Price HK$6.70
GF Value HK$9.42
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Prinx Chengshan Holdings Scaled Net Operating Assets?

Prinx Chengshan Holdings HKSE:01809 99 Scaled Net Operating Assets is 0.69 as of Dec. 2025. GuruFocus rates HKSE:01809 with a GF Score™ of 99/100 and a GF Value™ of HK$9.42 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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

Prinx Chengshan Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$11,662 Mil. Prinx Chengshan Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$3,365 Mil. Prinx Chengshan Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$12,006 Mil. Therefore, Prinx Chengshan Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.69.


Prinx Chengshan Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Prinx Chengshan 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.

Prinx Chengshan Holdings Scaled Net Operating Assets Chart

Prinx Chengshan 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 0.81 0.63 0.67 0.69 0.71

Prinx Chengshan Holdings Semi-Annual Data
Dec15 Dec16 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 0.68 0.69 0.70 0.73 0.69

HKSE:01809 vs ORLY, AZO: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, Prinx Chengshan 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.


Prinx Chengshan Holdings Scaled Net Operating Assets vs Vehicles & Parts Industry

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

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


HKSE:01809
99GF Score
Prinx Chengshan Holdings Ltd HKSE:01809
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Prinx Chengshan 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.

Prinx Chengshan 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 )
=(11661.919-3365.423)/11770.771
=0.70

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12974.636 - 1312.717
=11661.919

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5032.316 - 439.894 - 1226.999
=3365.423

Prinx Chengshan 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 )
=(11661.919-3365.423)/12006.404
=0.69

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12974.636 - 1312.717
=11661.919

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5032.316 - 439.894 - 1226.999
=3365.423

* 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 0.69 mean?
Prinx Chengshan Holdings (HKSE:01809) has a Scaled Net Operating Assets of 0.69 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 Prinx Chengshan Holdings and its competitors.
Is Prinx Chengshan Holdings' Scaled Net Operating Assets too high?
Prinx Chengshan Holdings' current Scaled Net Operating Assets is 0.69. Overall, Prinx Chengshan Holdings has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prinx Chengshan Holdings' Scaled Net Operating Assets compare to ORLY and AZO?
Prinx Chengshan Holdings' Scaled Net Operating Assets of 0.69 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 Prinx Chengshan Holdings and its competitors. Prinx Chengshan Holdings's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prinx Chengshan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Prinx Chengshan Holdings (HKSE:01809) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$9.42, compared to a current price of HK$6.70 — trading 28.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Prinx Chengshan Holdings' overall GF Score™ is 99/100 with 1 warning sign 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 Prinx Chengshan Holdings (HKSE:01809), the current Scaled Net Operating Assets is 0.69 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 Prinx Chengshan Holdings (HKSE:01809) Overvalued in 2026?

Based on GuruFocus' analysis, Prinx Chengshan Holdings stock appears to be undervalued. The current stock price of HK$6.70 is trading 28.9% below its estimated GF Value™ of HK$9.42. GuruFocus considers Prinx Chengshan Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01809:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: HK$9.42 vs. price of HK$6.70 (28.9% below fair value)
  • GF Score™: 99/100 with 1 warning sign

No single metric tells the full story. See the HKSE:01809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prinx Chengshan Holdings Business Description

Address No. 98 Nanshan North Road, Shandong Province, Rongcheng, CHN
Prinx Chengshan Holdings Ltd is a tire manufacturer. It sells its products under the brand names Prinx, Chengshan, Austone, and Fortune. The company has two segments as follows: Mainland China and Hong Kong as one segment ("Domestic") for trading of raw material related to tire products, manufacturing and selling tire products; and Overseas regions as the other segment for manufacturing and selling tire products. It derives maximum revenue from Domestic Market.
99GF Score

Get the complete analysis for HKSE:01809

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

HK$6.70
Price
HK$9.42
GF Value