Fidelity China Special Situations (LSE:FCSS) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


LSE:FCSS Fidelity China Special Situations PLC LSE:FCSS
41 GF Score
Price £2.47
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What is Fidelity China Special Situations Scaled Net Operating Assets?

Fidelity China Special Situations LSE:FCSS +0.82% 41 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates LSE:FCSS with a GF Score™ of 41/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Fidelity China Special Situations's operating assets for the quarter that ended in Mar. 2026 was £1,407.7 Mil. Fidelity China Special Situations's operating liabilities for the quarter that ended in Mar. 2026 was £43.0 Mil. Fidelity China Special Situations's Total Assets for the quarter that ended in Sep. 2025 was £1,793.0 Mil. Therefore, Fidelity China Special Situations's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.

LSE:FCSS
41GF Score
Fidelity China Special Situations PLC LSE:FCSS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fidelity China Special Situations 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.

Fidelity China Special Situations's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1407.691-43.017)/1446.922
=0.94

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1455.778 - 48.087
=1407.691

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43.017 - 0 - 0
=43.017

Fidelity China Special Situations's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(1407.691-43.017)/1793.013
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1455.778 - 48.087
=1407.691

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43.017 - 0 - 0
=43.017

* 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 0.76 mean?
Fidelity China Special Situations (LSE:FCSS) has a Scaled Net Operating Assets of 0.76 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fidelity China Special Situations and its competitors.
Is Fidelity China Special Situations' Scaled Net Operating Assets too high?
Fidelity China Special Situations' current Scaled Net Operating Assets is 0.76. Overall, Fidelity China Special Situations has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity China Special Situations' Scaled Net Operating Assets compare to BLK and BX?
Fidelity China Special Situations' Scaled Net Operating Assets of 0.76 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 Fidelity China Special Situations and its competitors. Fidelity China Special Situations's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity China Special Situations stock overvalued right now?
Fidelity China Special Situations (LSE:FCSS) has a current Scaled Net Operating Assets of 0.76. The current Scaled Net Operating Assets is 0.76. Fidelity China Special Situations' overall GF Score™ is 41/100 with 1 warning sign 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 Fidelity China Special Situations (LSE:FCSS), the current Scaled Net Operating Assets is 0.76 as of Mar. 2026. 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.

Fidelity China Special Situations Business Description

Address Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity China Special Situations PLC offers investors building a diversified portfolio direct exposure to China. The Company's investment objective is to achieve long-term capital growth through an actively managed portfolio mainly comprising securities issued by companies in China, both listed and unlisted, as well as Chinese companies listed elsewhere. The Company may also invest in companies with interests in China. Its portfolio may consist of equities, index-linked securities, equity-linked notes, other debt securities, cash deposits, money market instruments, foreign currency exchange transactions and other interests, including derivatives such as futures, options and contracts for difference.
41GF Score

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