Sinostar Pec Holdings (SGX:C9Q) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)

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What is Sinostar Pec Holdings Scaled Net Operating Assets?

Sinostar Pec Holdings SGX:C9Q +7.87% Scaled Net Operating Assets is 0.67 as of Mar. 2026. The stock has 3 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.

Sinostar Pec Holdings's operating assets for the quarter that ended in Mar. 2026 was S$278.4 Mil. Sinostar Pec Holdings's operating liabilities for the quarter that ended in Mar. 2026 was S$36.5 Mil. Sinostar Pec Holdings's Total Assets for the quarter that ended in Dec. 2025 was S$361.5 Mil. Therefore, Sinostar Pec Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Sinostar Pec Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Sinostar Pec 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.

Sinostar Pec Holdings Scaled Net Operating Assets Chart

Sinostar Pec 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 1.04 0.74 0.87 0.66 0.84

Sinostar Pec Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.56 0.58 0.68 0.88 0.67

SGX:C9Q vs COP, EOG, FANG: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Sinostar Pec 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.


Sinostar Pec Holdings Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinostar Pec Holdings's Scaled Net Operating Assets distribution charts can be found below:

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



Sinostar Pec 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.

Sinostar Pec 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 )
=(360.918-32.996)/390.042
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=361.451 - 0.533
=360.918

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=70.284 - 18.952 - 18.336
=32.996

Sinostar Pec Holdings'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: Dec. 2025 )
=(278.363-36.539)/361.451
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=382.213 - 103.85
=278.363

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=74.317 - 0.635 - 37.143
=36.539

* 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 0.67 mean?
Sinostar Pec Holdings (SGX:C9Q) has a Scaled Net Operating Assets of 0.67 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 Sinostar Pec Holdings and its competitors.
Is Sinostar Pec Holdings' Scaled Net Operating Assets too high?
Sinostar Pec Holdings' current Scaled Net Operating Assets is 0.67.
How does Sinostar Pec Holdings' Scaled Net Operating Assets compare to COP and EOG?
Sinostar Pec Holdings' Scaled Net Operating Assets of 0.67 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Sinostar Pec Holdings and its competitors. Sinostar Pec Holdings's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinostar Pec Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sinostar Pec Holdings (SGX:C9Q) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.07, compared to a current price of S$0.10 — trading 37.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. 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 Sinostar Pec Holdings (SGX:C9Q), the current Scaled Net Operating Assets is 0.67 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.

Sinostar Pec Holdings Business Description

Industry EnergyOil & Gas
Address 27 Huanghe Road, Shandong Province, Dongming County, Heze, CHN, 274500
Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene, and Logistics and Transport. The company operates in two segments that are Gas separation, and Trasport and Logistic Service. It generates the majority of its revenue from the Gas separation segment. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.