SGHIF (Shanghai Industrial Holdings) Scaled Net Operating Assets: 0.66 (As of Dec. 2025)


SGHIF Shanghai Industrial Holdings Ltd SGHIF
50 GF Score
Price $1.71
GF Value $1.00
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shanghai Industrial Holdings Scaled Net Operating Assets?

Shanghai Industrial Holdings SGHIF +4.08% 50 Scaled Net Operating Assets is 0.66 as of Dec. 2025. GuruFocus rates SGHIF with a GF Score™ of 50/100 and a GF Value™ of $1.00 (Significantly 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.

Shanghai Industrial Holdings's operating assets for the quarter that ended in Dec. 2025 was $17,348 Mil. Shanghai Industrial Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $3,515 Mil. Shanghai Industrial Holdings's Total Assets for the quarter that ended in Jun. 2025 was $21,095 Mil. Therefore, Shanghai Industrial Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.66.


Shanghai Industrial Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shanghai Industrial 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.

Shanghai Industrial Holdings Scaled Net Operating Assets Chart

Shanghai Industrial Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.51 0.56 0.62 0.64

Shanghai Industrial 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 0.61 0.61 0.64 0.66 0.66

SGHIF vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Shanghai Industrial 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.


Shanghai Industrial Holdings Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Industrial Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Industrial Holdings's Scaled Net Operating Assets falls into.


SGHIF
50GF Score
Shanghai Industrial Holdings Ltd SGHIF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Industrial 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.

Shanghai Industrial 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 )
=(17347.76-3515.257)/21678.119
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21201.639 - 3853.879
=17347.76

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10697.62 - 4964.346 - 2218.017
=3515.257

Shanghai Industrial 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 )
=(17347.76-3515.257)/21095.356
=0.66

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21201.639 - 3853.879
=17347.76

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10697.62 - 4964.346 - 2218.017
=3515.257

* 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 0.66 mean?
Shanghai Industrial Holdings (SGHIF) has a Scaled Net Operating Assets of 0.66 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 Industrial Holdings and its competitors.
Is Shanghai Industrial Holdings' Scaled Net Operating Assets too high?
Shanghai Industrial Holdings' current Scaled Net Operating Assets is 0.66. Overall, Shanghai Industrial Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Industrial Holdings' Scaled Net Operating Assets compare to HON and MMM?
Shanghai Industrial Holdings' Scaled Net Operating Assets of 0.66 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Industrial Holdings and its competitors. Shanghai Industrial Holdings's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Industrial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Industrial Holdings (SGHIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.00, compared to a current price of $1.71 — trading 71% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Shanghai Industrial Holdings' overall GF Score™ is 50/100 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 Shanghai Industrial Holdings (SGHIF), the current Scaled Net Operating Assets is 0.66 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 Shanghai Industrial Holdings (SGHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Industrial Holdings stock appears to be overvalued. The current stock price of $1.71 is trading 71% above its estimated GF Value™ of $1.00. GuruFocus considers Shanghai Industrial Holdings to be Significantly Overvalued.

Key valuation signals for SGHIF:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $1.00 vs. price of $1.71 (71% above fair value)
  • GF Score™: 50/100 with 6 warning signs

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


Shanghai Industrial Holdings Business Description

Other Exchanges 00363:Hong KongSGI:Germany
Address 39 Gloucester Road, Wanchai, 26th Floor, Harcourt House, Hong Kong, HKG
Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in four segments Infrastructure and environmental protection which includes investment in toll road/bridge projects and water services/clean energy businesses, Real estate which includes property development and investment and hotel operation, Consumer products which includes manufacture and sale of cigarettes, packaging materials, and printed products, Comprehensive healthcare operations which includes manufacture and sales of pharmaceutical and healthcare products, provision of distribution and supply chain solutions services and operation and franchise of a network of retail pharmacies Its geographical segments are China, Asia, Hong Kong, and others, of which the majority of its revenue comes from China.
50GF Score

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

$1.71
Price
$1.00
GF Value