NDGPF (Nine Dragons Paper (Holdings)) Scaled Net Operating Assets: 0.83 (As of Dec. 2025)


NDGPF Nine Dragons Paper (Holdings) Ltd NDGPF
49 GF Score
Price $0.90
GF Value $0.71
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nine Dragons Paper (Holdings) Scaled Net Operating Assets?

Nine Dragons Paper (Holdings) NDGPF 49 Scaled Net Operating Assets is 0.83 as of Dec. 2025. GuruFocus rates NDGPF with a GF Score™ of 49/100 and a GF Value™ of $0.71 (Modestly Overvalued). The stock has 6 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.

Nine Dragons Paper (Holdings)'s operating assets for the quarter that ended in Dec. 2025 was $20,255 Mil. Nine Dragons Paper (Holdings)'s operating liabilities for the quarter that ended in Dec. 2025 was $3,017 Mil. Nine Dragons Paper (Holdings)'s Total Assets for the quarter that ended in Jun. 2025 was $20,756 Mil. Therefore, Nine Dragons Paper (Holdings)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.83.


Nine Dragons Paper (Holdings) Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nine Dragons Paper (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.

Nine Dragons Paper (Holdings) Scaled Net Operating Assets Chart

Nine Dragons Paper (Holdings) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.85 0.80 0.87 0.85

Nine Dragons Paper (Holdings) Semi-Annual Data
Jun16 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 0.83 0.82 0.00 0.00 0.83

Nine Dragons Paper (Holdings) Scaled Net Operating Assets Competitor Comparison

For the Paper & Paper Products subindustry, Nine Dragons Paper (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.


Nine Dragons Paper (Holdings) Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nine Dragons Paper (Holdings)'s Scaled Net Operating Assets falls into.


NDGPF
49GF Score
Nine Dragons Paper (Holdings) Ltd NDGPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nine Dragons Paper (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.

Nine Dragons Paper (Holdings)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(19186.555-2959.513)/19073.358
=0.85

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20756.249 - 1569.694
=19186.555

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13707.672 - 8523.812 - 2224.347
=2959.513

Nine Dragons Paper (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 )
=(20255.005-3017.102)/20756.249
=0.83

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21138.476 - 883.471
=20255.005

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13685.288 - 8973.712 - 1694.474
=3017.102

* 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 0.83 mean?
Nine Dragons Paper (Holdings) (NDGPF) has a Scaled Net Operating Assets of 0.83 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 Nine Dragons Paper (Holdings) and its competitors.
Is Nine Dragons Paper (Holdings)'s Scaled Net Operating Assets too high?
Nine Dragons Paper (Holdings)'s current Scaled Net Operating Assets is 0.83. Overall, Nine Dragons Paper (Holdings) has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nine Dragons Paper (Holdings)'s Scaled Net Operating Assets compare to competitors?
Nine Dragons Paper (Holdings)'s Scaled Net Operating Assets of 0.83 can be compared against companies in the Forest 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 a Forest Products company?
A good Scaled Net Operating Assets depends on the Forest 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 Nine Dragons Paper (Holdings) and its competitors. Nine Dragons Paper (Holdings)'s current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Dragons Paper (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) (NDGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.71, compared to a current price of $0.90 — trading 26.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.83. Nine Dragons Paper (Holdings)'s overall GF Score™ is 49/100 with 6 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 Nine Dragons Paper (Holdings) (NDGPF), the current Scaled Net Operating Assets is 0.83 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 Nine Dragons Paper (Holdings) (NDGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) stock appears to be overvalued. The current stock price of $0.90 is trading 26.8% above its estimated GF Value™ of $0.71. GuruFocus considers Nine Dragons Paper (Holdings) to be Modestly Overvalued.

Key valuation signals for NDGPF:

  • Scaled Net Operating Assets: 0.83
  • GF Value™: $0.71 vs. price of $0.90 (26.8% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Nine Dragons Paper (Holdings) Business Description

Other Exchanges NDGPY:USA02689:Hong Kong
Address No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company is a pulp and paper manufacturing group specializing in the integrated production of pulp and paper, with main products including various kinds of environmentally friendly packaging paper, printing and writing paper, high-end virgin paper, and products from the entire upstream and downstream production chain. Covering the full industry spectrum, it offers kraftlinerboard, testlinerboard, white top linerboard, coated linerboard, bleached folding boxboard, high-performance corrugating medium, coated duplex board, gypsum board cover paper, and more.
49GF Score

Get the complete analysis for NDGPF

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

$0.90
Price
$0.71
GF Value