Global New Material International Holdings (HKSE:06616) Scaled Net Operating Assets: 1.12 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06616 Global New Material International Holdings Ltd HKSE:06616
84 GF Score
Price HK$9.40
GF Value HK$10.64
Valuation Modestly Undervalued
! 13 Warning Signs
View Full Analysis

What is Global New Material International Holdings Scaled Net Operating Assets?

Global New Material International Holdings HKSE:06616 -5.24% 84 Scaled Net Operating Assets is 1.12 as of Dec. 2025. GuruFocus rates HKSE:06616 with a GF Score™ of 84/100 and a GF Value™ of HK$10.64 (Modestly Undervalued). The stock has 13 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.

Global New Material International Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$12,210 Mil. Global New Material International Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$2,116 Mil. Global New Material International Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$9,018 Mil. Therefore, Global New Material International Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.12.


Global New Material International Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Global New Material 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.

Global New Material International Holdings Scaled Net Operating Assets Chart

Global New Material International Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.61 0.41 0.56 0.64 1.34

Global New Material International Holdings Semi-Annual Data
Dec18 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 0.52 0.41 0.57 0.64 1.12

HKSE:06616 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Global New Material 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.


Global New Material International Holdings Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global New Material International Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Global New Material International Holdings's Scaled Net Operating Assets falls into.


HKSE:06616
84GF Score
Global New Material International Holdings Ltd HKSE:06616
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global New Material 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.

Global New Material 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 )
=(12209.634-2115.778)/7531.901
=1.34

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16351.161 - 4141.527
=12209.634

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11409.206 - 6104.248 - 3189.18
=2115.778

Global New Material 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 )
=(12209.634-2115.778)/9017.504
=1.12

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16351.161 - 4141.527
=12209.634

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11409.206 - 6104.248 - 3189.18
=2115.778

* 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 1.12 mean?
Global New Material International Holdings (HKSE:06616) has a Scaled Net Operating Assets of 1.12 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 Global New Material International Holdings and its competitors.
Is Global New Material International Holdings' Scaled Net Operating Assets too high?
Global New Material International Holdings' current Scaled Net Operating Assets is 1.12. Overall, Global New Material International Holdings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global New Material International Holdings' Scaled Net Operating Assets compare to LIN and SHW?
Global New Material International Holdings' Scaled Net Operating Assets of 1.12 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Global New Material International Holdings and its competitors. Global New Material International Holdings's current Scaled Net Operating Assets is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global New Material International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Global New Material International Holdings (HKSE:06616) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$10.64, compared to a current price of HK$9.40 — trading 11.7% below its estimated fair value. The current Scaled Net Operating Assets is 1.12. Global New Material International Holdings' overall GF Score™ is 84/100 with 13 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 Global New Material International Holdings (HKSE:06616), the current Scaled Net Operating Assets is 1.12 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 Global New Material International Holdings (HKSE:06616) Overvalued in 2026?

Based on GuruFocus' analysis, Global New Material International Holdings stock appears to be undervalued. The current stock price of HK$9.40 is trading 11.7% below its estimated GF Value™ of HK$10.64. GuruFocus considers Global New Material International Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:06616:

  • Scaled Net Operating Assets: 1.12
  • GF Value™: HK$10.64 vs. price of HK$9.40 (11.7% below fair value)
  • GF Score™: 84/100 with 13 warning signs

No single metric tells the full story. See the HKSE:06616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global New Material International Holdings Business Description

Other Exchanges 69Y:Germany
Address No. 380, Feilu Road, Pearlescent Industrial Park, Guangxi Zhuang Autonomous Region, Luzhai Town, Luzhai County, Liuzhou, CHN, 545600
Global New Material International Holdings Ltd is engaged in the business of production and sales of pearlescent pigment products and functional mica and related products in the PRC and the Republic of Korea. Its segments are PRC Business Operation, Korea Business Operation and Germany Business Operation. The company generates the majority of its revenue from the sale of pearlescent pigment products. It generates the majority of its revenue from PRC Business Operation from the sale of pearlescent pigment products. The PRC Business Operation is into the manufacturing and sales of pearlescent pigment and functional mica filler in the PRC. Korea Business Operation is engaged in the manufacture and sale of pearlescent pigment in the Republic of Korea.
84GF Score

Get the complete analysis for HKSE:06616

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

HK$9.40
Price
HK$10.64
GF Value