Fangda Carbon New Material Co (SHSE:600516) Scaled Net Operating Assets: 0.64 (As of Mar. 2026)


SHSE:600516 Fangda Carbon New Material Co Ltd SHSE:600516
65 GF Score
Price ¥5.14
GF Value ¥4.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Fangda Carbon New Material Co Scaled Net Operating Assets?

Fangda Carbon New Material Co SHSE:600516 -0.19% 65 Scaled Net Operating Assets is 0.64 as of Mar. 2026. GuruFocus rates SHSE:600516 with a GF Score™ of 65/100 and a GF Value™ of ¥4.71 (Fairly Valued). The stock has 5 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.

Fangda Carbon New Material Co's operating assets for the quarter that ended in Mar. 2026 was ¥14,789 Mil. Fangda Carbon New Material Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥1,729 Mil. Fangda Carbon New Material Co's Total Assets for the quarter that ended in Dec. 2025 was ¥20,439 Mil. Therefore, Fangda Carbon New Material Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.64.


Fangda Carbon New Material Co Scaled Net Operating Assets Historical Data

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The historical data trend for Fangda Carbon New Material 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.

Fangda Carbon New Material Co Scaled Net Operating Assets Chart

Fangda Carbon New Material 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 0.42 0.70 0.63 0.56 0.60

Fangda Carbon New Material 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 0.63 0.63 0.62 0.59 0.64

SHSE:600516 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Fangda Carbon New Material 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.


Fangda Carbon New Material Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Fangda Carbon New Material Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fangda Carbon New Material Co's Scaled Net Operating Assets falls into.


SHSE:600516
65GF Score
Fangda Carbon New Material Co Ltd SHSE:600516
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fangda Carbon New Material 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.

Fangda Carbon New Material 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 )
=(13768.296-1607.503)/20371.965
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20439.487 - 6671.191
=13768.296

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3038.868 - 624.6 - 806.765
=1607.503

Fangda Carbon New Material 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 )
=(14788.831-1728.661)/20439.487
=0.64

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20783.36 - 5994.529
=14788.831

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3167.194 - 222.5 - 1216.033
=1728.661

* 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 0.64 mean?
Fangda Carbon New Material Co (SHSE:600516) has a Scaled Net Operating Assets of 0.64 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 Fangda Carbon New Material Co and its competitors.
Is Fangda Carbon New Material Co's Scaled Net Operating Assets too high?
Fangda Carbon New Material Co's current Scaled Net Operating Assets is 0.64. Overall, Fangda Carbon New Material Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fangda Carbon New Material Co's Scaled Net Operating Assets compare to APH and GLW?
Fangda Carbon New Material Co's Scaled Net Operating Assets of 0.64 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Fangda Carbon New Material Co and its competitors. Fangda Carbon New Material Co's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fangda Carbon New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Fangda Carbon New Material Co (SHSE:600516) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.71, compared to a current price of ¥5.14 — trading 9.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.64. Fangda Carbon New Material Co's overall GF Score™ is 65/100 with 5 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 Fangda Carbon New Material Co (SHSE:600516), the current Scaled Net Operating Assets is 0.64 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 Fangda Carbon New Material Co (SHSE:600516) Overvalued in 2026?

Based on GuruFocus' analysis, Fangda Carbon New Material Co stock appears to be overvalued. The current stock price of ¥5.14 is trading 9.1% above its estimated GF Value™ of ¥4.71. GuruFocus considers Fangda Carbon New Material Co to be Fairly Valued.

Key valuation signals for SHSE:600516:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: ¥4.71 vs. price of ¥5.14 (9.1% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fangda Carbon New Material Co Business Description

Address No. 11 Tansu Road, Haishiwan Town, Honggu District, Gansu Province, Lanzhou, CHN, 730084
Fangda Carbon New Material Co Ltd is a China-based company engaged in the production and sales of graphite and carbon products. Its main products include ultra-high power, high power and common power graphite electrodes, microporous carbon bricks, semi-graphite carbon bricks, aluminum carbon bricks, isostatic graphite products, special graphite products, biological carbon products and carbon composite materials, among others.
65GF 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.

¥5.14
Price
¥4.71
GF Value