Zijin Longking Co (SHSE:600388) Scaled Net Operating Assets: 0.53 (As of Jun. 2026)

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SHSE:600388 Zijin Longking Co Ltd SHSE:600388
83 GF Score
Price ¥17.66
GF Value ¥14.80
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zijin Longking Co Scaled Net Operating Assets?

Zijin Longking Co SHSE:600388 +2.08% 83 Scaled Net Operating Assets is 0.53 as of Jun. 2026. GuruFocus rates SHSE:600388 with a GF Score™ of 83/100 and a GF Value™ of ¥14.80 (Modestly Overvalued). 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.

Zijin Longking Co's operating assets for the quarter that ended in Jun. 2026 was ¥28,369 Mil. Zijin Longking Co's operating liabilities for the quarter that ended in Jun. 2026 was ¥13,102 Mil. Zijin Longking Co's Total Assets for the quarter that ended in Mar. 2026 was ¥28,755 Mil. Therefore, Zijin Longking Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.53.


Zijin Longking Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Zijin Longking 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.

Zijin Longking Co Scaled Net Operating Assets Chart

Zijin Longking 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 0.40 0.38 0.38 0.47 0.50

Zijin Longking Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.48 0.48 0.47 0.52 0.53

SHSE:600388 vs VLTO, ZWS, CECO: Scaled Net Operating Assets Comparison

For the Pollution & Treatment Controls subindustry, Zijin Longking 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.


Zijin Longking Co Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zijin Longking Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zijin Longking Co's Scaled Net Operating Assets falls into.


SHSE:600388
83GF Score
Zijin Longking Co Ltd SHSE:600388
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zijin Longking 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.

Zijin Longking 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 )
=(25896.354-12475.04)/26792.319
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28298.602 - 2402.248
=25896.354

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17164.402 - 2388.303 - 2301.059
=12475.04

Zijin Longking Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(28369.023-13102.413)/28755.085
=0.53

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30105.111 - 1736.088
=28369.023

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19034.268 - 3535.576 - 2396.279
=13102.413

* 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 0.53 mean?
Zijin Longking Co (SHSE:600388) has a Scaled Net Operating Assets of 0.53 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Zijin Longking Co and its competitors.
Is Zijin Longking Co's Scaled Net Operating Assets too high?
Zijin Longking Co's current Scaled Net Operating Assets is 0.53. Overall, Zijin Longking Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zijin Longking Co's Scaled Net Operating Assets compare to VLTO and ZWS?
Zijin Longking Co's Scaled Net Operating Assets of 0.53 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial 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 Zijin Longking Co and its competitors. Zijin Longking Co's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zijin Longking Co stock overvalued right now?
Based on GuruFocus' analysis, Zijin Longking Co (SHSE:600388) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥14.80, compared to a current price of ¥17.66 — trading 19.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.53. Zijin Longking Co's overall GF Score™ is 83/100 with 3 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 Zijin Longking Co (SHSE:600388), the current Scaled Net Operating Assets is 0.53 as of Jun. 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 Zijin Longking Co (SHSE:600388) Overvalued in 2026?

Based on GuruFocus' analysis, Zijin Longking Co stock appears to be overvalued. The current stock price of ¥17.66 is trading 19.3% above its estimated GF Value™ of ¥14.80. GuruFocus considers Zijin Longking Co to be Modestly Overvalued.

Key valuation signals for SHSE:600388:

  • Scaled Net Operating Assets: 0.53
  • GF Value™: ¥14.80 vs. price of ¥17.66 (19.3% above fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zijin Longking Co Business Description

Address No. 81 Lingyuan Road, Xinluo District, Longyan, Fujian, CHN, 364000
Fujian Longking Co Ltd is a atmospheric environmental protection equipment manufacturing company.It researches, develops, manufactures, and sells electrostatic precipitators, flue gas desulfuration units, air pollution control equipment, and other environmental protection products.
83GF Score

Get the complete analysis for SHSE:600388

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

¥17.66
Price
¥14.80
GF Value