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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.
Shanghai REFIRE Group's operating assets for the quarter that ended in Dec. 2025 was HK$4,135.6 Mil. Shanghai REFIRE Group's operating liabilities for the quarter that ended in Dec. 2025 was HK$1,218.5 Mil. Shanghai REFIRE Group's Total Assets for the quarter that ended in Jun. 2025 was HK$5,039.1 Mil. Therefore, Shanghai REFIRE Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.58.
Shanghai REFIRE Group Scaled Net Operating Assets Related Terms
Shanghai REFIRE Group Scaled Net Operating Assets Historical Data
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The historical data trend for Shanghai REFIRE Group'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 REFIRE Group Scaled Net Operating Assets Chart
HKSE:02570 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison
For the Specialty Industrial Machinery subindustry, Shanghai REFIRE Group'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 REFIRE Group Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai REFIRE Group's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Shanghai REFIRE Group'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 0.58 mean?
Shanghai REFIRE Group (HKSE:02570) has a Scaled Net Operating Assets of 0.58 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 REFIRE Group and its competitors.
Is Shanghai REFIRE Group's Scaled Net Operating Assets too high?
Shanghai REFIRE Group's current Scaled Net Operating Assets is 0.58. Overall, Shanghai REFIRE Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai REFIRE Group's Scaled Net Operating Assets compare to GEV and ETN?
Shanghai REFIRE Group's Scaled Net Operating Assets of 0.58 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 REFIRE Group and its competitors. Shanghai REFIRE Group's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai REFIRE Group stock overvalued right now?
Shanghai REFIRE Group (HKSE:02570) has a current Scaled Net Operating Assets of 0.58. The current Scaled Net Operating Assets is 0.58. Shanghai REFIRE Group's overall GF Score™ is 3/100 with 8 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 REFIRE Group (HKSE:02570), the current Scaled Net Operating Assets is 0.58 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.
Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.
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