China Renaissance Holdings (HKSE:01911) Scaled Net Operating Assets: 0.29 (As of Dec. 2025)

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HKSE:01911 China Renaissance Holdings Ltd HKSE:01911
67 GF Score
Price HK$3.19
GF Value HK$5.05
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is China Renaissance Holdings Scaled Net Operating Assets?

China Renaissance Holdings HKSE:01911 +2.74% 67 Scaled Net Operating Assets is 0.29 as of Dec. 2025. GuruFocus rates HKSE:01911 with a GF Score™ of 67/100 and a GF Value™ of HK$5.05 (Possible Value Trap). The stock has 4 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 Renaissance Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$5,545 Mil. China Renaissance Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$2,520 Mil. China Renaissance Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$10,347 Mil. Therefore, China Renaissance Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.29.


China Renaissance Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for China Renaissance 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 Renaissance Holdings Scaled Net Operating Assets Chart

China Renaissance 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 0.39 0.28 0.24 0.28 0.27

China Renaissance Holdings Semi-Annual Data
Dec15 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 0.32 0.00 0.00 0.26 0.29

HKSE:01911 vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, China Renaissance 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 Renaissance Holdings Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, China Renaissance Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


HKSE:01911
67GF Score
China Renaissance Holdings Ltd HKSE:01911
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Renaissance 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 Renaissance 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 )
=(5545.441-2520.407)/11275.235
=0.27

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10638.422 - 5092.981
=5545.441

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2791.199 - 13.045 - 257.747
=2520.407

China Renaissance 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 )
=(5545.441-2520.407)/10346.651
=0.29

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10638.422 - 5092.981
=5545.441

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2791.199 - 13.045 - 257.747
=2520.407

* 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 0.29 mean?
China Renaissance Holdings (HKSE:01911) has a Scaled Net Operating Assets of 0.29 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 Renaissance Holdings and its competitors.
Is China Renaissance Holdings' Scaled Net Operating Assets too high?
China Renaissance Holdings' current Scaled Net Operating Assets is 0.29. Overall, China Renaissance Holdings has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Renaissance Holdings' Scaled Net Operating Assets compare to BLK and BX?
China Renaissance Holdings' Scaled Net Operating Assets of 0.29 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 China Renaissance Holdings and its competitors. China Renaissance Holdings's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Renaissance Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Renaissance Holdings (HKSE:01911) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.05, compared to a current price of HK$3.19 — trading 36.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.29. China Renaissance Holdings' overall GF Score™ is 67/100 with 4 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 China Renaissance Holdings (HKSE:01911), the current Scaled Net Operating Assets is 0.29 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 China Renaissance Holdings (HKSE:01911) Overvalued in 2026?

Based on GuruFocus' analysis, China Renaissance Holdings stock appears to be undervalued. The current stock price of HK$3.19 is trading 36.9% below its estimated GF Value™ of HK$5.05. GuruFocus considers China Renaissance Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01911:

  • Scaled Net Operating Assets: 0.29
  • GF Value™: HK$5.05 vs. price of HK$3.19 (36.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01911 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Renaissance Holdings Business Description

Other Exchanges 6RN:Germany
Address No. 2A Workers Stadium North Road, Unit 703, Tower B, Pacific Century Place, Chaoyang District, Beijing, CHN, 100027
China Renaissance Holdings Ltd, along with its subsidiaries, operates as an investment banking and investment management firm providing advisory, capital markets services, and investment services to businesses. The Group offers investment management, private placement, M&A advisory, equity underwriting, sales and trading, research, wealth management, and other services. Its reportable segments are: Investment banking, Investment management, CR Securities, and Others. Maximum revenue is derived from the Investment management segment, which provides fund and asset management for individual and institutional clients, and manages its own investment in funds to obtain investment returns. Geographically, the Group generates maximum revenue from Mainland China, followed by Hong Kong and the USA.
67GF Score

Get the complete analysis for HKSE:01911

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

HK$3.19
Price
HK$5.05
GF Value