Shanghai Realway Capital Assets Management Co (HKSE:01835) Scaled Net Operating Assets: 0.41 (As of Dec. 2025)

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HKSE:01835 Shanghai Realway Capital Assets Management Co Ltd HKSE:01835
59 GF Score
Price HK$4.50
GF Value HK$2.18
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shanghai Realway Capital Assets Management Co Scaled Net Operating Assets?

Shanghai Realway Capital Assets Management Co HKSE:01835 -6.05% 59 Scaled Net Operating Assets is 0.41 as of Dec. 2025. GuruFocus rates HKSE:01835 with a GF Score™ of 59/100 and a GF Value™ of HK$2.18 (Significantly Overvalued). The stock has 6 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.

Shanghai Realway Capital Assets Management Co's operating assets for the quarter that ended in Dec. 2025 was HK$145.63 Mil. Shanghai Realway Capital Assets Management Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$13.67 Mil. Shanghai Realway Capital Assets Management Co's Total Assets for the quarter that ended in Jun. 2025 was HK$322.79 Mil. Therefore, Shanghai Realway Capital Assets Management Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.41.


Shanghai Realway Capital Assets Management Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shanghai Realway Capital Assets Management 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.

Shanghai Realway Capital Assets Management Co Scaled Net Operating Assets Chart

Shanghai Realway Capital Assets Management Co 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 0.54 0.31 0.39 0.50 0.43

Shanghai Realway Capital Assets Management Co 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 0.45 0.43 0.55 0.61 0.41

HKSE:01835 vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Shanghai Realway Capital Assets Management 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.


Shanghai Realway Capital Assets Management Co Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Shanghai Realway Capital Assets Management Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Realway Capital Assets Management Co's Scaled Net Operating Assets falls into.


HKSE:01835
59GF Score
Shanghai Realway Capital Assets Management Co Ltd HKSE:01835
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Realway Capital Assets Management Co 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.

Shanghai Realway Capital Assets Management Co'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 )
=(145.627-13.668)/309.455
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=294.705 - 149.078
=145.627

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.848 - 0.215 - 22.965
=13.668

Shanghai Realway Capital Assets Management Co'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 )
=(145.627-13.668)/322.787
=0.41

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=294.705 - 149.078
=145.627

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.848 - 0.215 - 22.965
=13.668

* 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 0.41 mean?
Shanghai Realway Capital Assets Management Co (HKSE:01835) has a Scaled Net Operating Assets of 0.41 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 Shanghai Realway Capital Assets Management Co and its competitors.
Is Shanghai Realway Capital Assets Management Co's Scaled Net Operating Assets too high?
Shanghai Realway Capital Assets Management Co's current Scaled Net Operating Assets is 0.41. Overall, Shanghai Realway Capital Assets Management Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Realway Capital Assets Management Co's Scaled Net Operating Assets compare to BLK and BX?
Shanghai Realway Capital Assets Management Co's Scaled Net Operating Assets of 0.41 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Shanghai Realway Capital Assets Management Co and its competitors. Shanghai Realway Capital Assets Management Co's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Realway Capital Assets Management Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Realway Capital Assets Management Co (HKSE:01835) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.18, compared to a current price of HK$4.50 — trading 106.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.41. Shanghai Realway Capital Assets Management Co's overall GF Score™ is 59/100 with 6 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 Shanghai Realway Capital Assets Management Co (HKSE:01835), the current Scaled Net Operating Assets is 0.41 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 Shanghai Realway Capital Assets Management Co (HKSE:01835) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Realway Capital Assets Management Co stock appears to be overvalued. The current stock price of HK$4.50 is trading 106.4% above its estimated GF Value™ of HK$2.18. GuruFocus considers Shanghai Realway Capital Assets Management Co to be Significantly Overvalued.

Key valuation signals for HKSE:01835:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: HK$2.18 vs. price of HK$4.50 (106.4% above fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Realway Capital Assets Management Co Business Description

Address No. 1198 Century Avenue, Unit 707, 7th Floor, Century Link Tower 1, Pudong New District, Shanghai, CHN, 200122
Shanghai Realway Capital Assets Management Co Ltd is engaged in the management of real estate investment funds and investment advisory. Its activities include fund management, consulting services, and property leasing. It derives its revenue mainly from funds management and consulting services from Mainland China.
59GF Score

Get the complete analysis for HKSE:01835

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

HK$4.50
Price
HK$2.18
GF Value