Zhejiang Longsheng Group Co (SHSE:600352) Scaled Net Operating Assets: 0.33 (As of Mar. 2026)


SHSE:600352 Zhejiang Longsheng Group Co Ltd SHSE:600352
64 GF Score
Price ¥12.08
GF Value ¥9.72
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Zhejiang Longsheng Group Co Scaled Net Operating Assets?

Zhejiang Longsheng Group Co SHSE:600352 -1.06% 64 Scaled Net Operating Assets is 0.33 as of Mar. 2026. GuruFocus rates SHSE:600352 with a GF Score™ of 64/100 and a GF Value™ of ¥9.72 (Modestly Overvalued). The stock has 7 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.

Zhejiang Longsheng Group Co's operating assets for the quarter that ended in Mar. 2026 was ¥55,469 Mil. Zhejiang Longsheng Group Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥30,531 Mil. Zhejiang Longsheng Group Co's Total Assets for the quarter that ended in Dec. 2025 was ¥75,150 Mil. Therefore, Zhejiang Longsheng Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.33.


Zhejiang Longsheng Group Co Scaled Net Operating Assets Historical Data

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The historical data trend for Zhejiang Longsheng Group Co'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.

Zhejiang Longsheng Group Co Scaled Net Operating Assets Chart

Zhejiang Longsheng Group Co 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 0.76 0.70 0.65 0.49 0.38

Zhejiang Longsheng Group Co 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 0.46 0.40 0.37 0.36 0.33

SHSE:600352 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Zhejiang Longsheng Group Co'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.


Zhejiang Longsheng Group Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Longsheng Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Longsheng Group Co's Scaled Net Operating Assets falls into.


SHSE:600352
64GF Score
Zhejiang Longsheng Group Co Ltd SHSE:600352
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Longsheng Group Co 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.

Zhejiang Longsheng Group Co'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 )
=(55011.854-27661.605)/72012.337
=0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=75150.475 - 20138.621
=55011.854

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42278.331 - 1485.945 - 13130.781
=27661.605

Zhejiang Longsheng Group Co'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 )
=(55468.557-30531.184)/75150.475
=0.33

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=78109.501 - 22640.944
=55468.557

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44756.958 - 1420.164 - 12805.61
=30531.184

* 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 0.33 mean?
Zhejiang Longsheng Group Co (SHSE:600352) has a Scaled Net Operating Assets of 0.33 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 Zhejiang Longsheng Group Co and its competitors.
Is Zhejiang Longsheng Group Co's Scaled Net Operating Assets too high?
Zhejiang Longsheng Group Co's current Scaled Net Operating Assets is 0.33. Overall, Zhejiang Longsheng Group Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Longsheng Group Co's Scaled Net Operating Assets compare to LIN and SHW?
Zhejiang Longsheng Group Co's Scaled Net Operating Assets of 0.33 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 Zhejiang Longsheng Group Co and its competitors. Zhejiang Longsheng Group Co's current Scaled Net Operating Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Longsheng Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co (SHSE:600352) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.72, compared to a current price of ¥12.08 — trading 24.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.33. Zhejiang Longsheng Group Co's overall GF Score™ is 64/100 with 7 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 Zhejiang Longsheng Group Co (SHSE:600352), the current Scaled Net Operating Assets is 0.33 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.

Is Zhejiang Longsheng Group Co (SHSE:600352) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Longsheng Group Co stock appears to be overvalued. The current stock price of ¥12.08 is trading 24.3% above its estimated GF Value™ of ¥9.72. GuruFocus considers Zhejiang Longsheng Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600352:

  • Scaled Net Operating Assets: 0.33
  • GF Value™: ¥9.72 vs. price of ¥12.08 (24.3% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Longsheng Group Co Business Description

Address No. 1, Longsheng Avenue, Daoxu Street, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312368
Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. The Dye (Except for Dystar) segment focuses on manufacturing dyes used in textile printing and dyeing processes. The Intermediate segment is involved in the production of meta-phenylenediamine and resorcinol, which are mainly applied in the manufacturing of dyes, aramid fibers, resorcinol derivatives, meta aminophenol, rubber adhesives, synthetic resins, and other related materials. The Dystar segment is dedicated to producing fuels and additives utilized in textile printing and dyeing applications. In addition, the company conducts operations through the Inorganic Chemical, Real Estate, Auto Parts, and Others segments.
64GF Score

Get the complete analysis for SHSE:600352

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

¥12.08
Price
¥9.72
GF Value