Nanshan Aluminium International Holdings (HKSE:02610) Scaled Net Operating Assets: 0.72 (As of Dec. 2025)

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HKSE:02610 Nanshan Aluminium International Holdings Ltd HKSE:02610
20 GF Score
Price HK$26.62
! 2 Warning Signs
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What is Nanshan Aluminium International Holdings Scaled Net Operating Assets?

Nanshan Aluminium International Holdings HKSE:02610 +1.99% 20 Scaled Net Operating Assets is 0.72 as of Dec. 2025. GuruFocus rates HKSE:02610 with a GF Score™ of 20/100. The stock has 2 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.

Nanshan Aluminium International Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$14,395 Mil. Nanshan Aluminium International Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$2,720 Mil. Nanshan Aluminium International Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$16,287 Mil. Therefore, Nanshan Aluminium International Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.72.


Nanshan Aluminium International Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Nanshan Aluminium International 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.

Nanshan Aluminium International Holdings Scaled Net Operating Assets Chart

Nanshan Aluminium International Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.65 0.64 0.80 0.58 0.87

Nanshan Aluminium International Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.60 0.57 0.76 0.72

HKSE:02610 vs AA, CENX, CSTM: Scaled Net Operating Assets Comparison

For the Aluminum subindustry, Nanshan Aluminium International 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.


Nanshan Aluminium International Holdings Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nanshan Aluminium International Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nanshan Aluminium International Holdings's Scaled Net Operating Assets falls into.


HKSE:02610
20GF Score
Nanshan Aluminium International Holdings Ltd HKSE:02610
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanshan Aluminium International 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.

Nanshan Aluminium International 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 )
=(14394.885-2719.725)/13375.215
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17494.818 - 3099.933
=14394.885

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2720.347 - 0 - 0.622
=2719.725

Nanshan Aluminium International 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 )
=(14394.885-2719.725)/16286.936
=0.72

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17494.818 - 3099.933
=14394.885

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2720.347 - 0 - 0.622
=2719.725

* 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 0.72 mean?
Nanshan Aluminium International Holdings (HKSE:02610) has a Scaled Net Operating Assets of 0.72 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 Nanshan Aluminium International Holdings and its competitors.
Is Nanshan Aluminium International Holdings' Scaled Net Operating Assets too high?
Nanshan Aluminium International Holdings' current Scaled Net Operating Assets is 0.72. Overall, Nanshan Aluminium International Holdings has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Nanshan Aluminium International Holdings' Scaled Net Operating Assets compare to AA and CENX?
Nanshan Aluminium International Holdings' Scaled Net Operating Assets of 0.72 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Nanshan Aluminium International Holdings and its competitors. Nanshan Aluminium International Holdings's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanshan Aluminium International Holdings stock overvalued right now?
Nanshan Aluminium International Holdings (HKSE:02610) has a current Scaled Net Operating Assets of 0.72. The current Scaled Net Operating Assets is 0.72. Nanshan Aluminium International Holdings' overall GF Score™ is 20/100 with 2 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 Nanshan Aluminium International Holdings (HKSE:02610), the current Scaled Net Operating Assets is 0.72 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.

Nanshan Aluminium International Holdings Business Description

Other Exchanges 2HW:Germany
Address The Special Economic Zone of Galang Batang, village of Gunung Kijang, Bintan Regency, Riau Islands Province, Gunung Kijang, IDN, 29153
Nanshan Aluminium International Holdings Ltd is an alumina manufacturer in Southeast Asia. Its focus has been tapping into Indonesias abundant bauxite and coal reserves, utilizing these resources to fuel its operations. The company's primary product, alumina, is produced under the AO-1 Grade requirement of GB/T 24487-2022 standard.
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