Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Shede Spirits Co's operating assets for the quarter that ended in Mar. 2026 was ¥11,634 Mil. Shede Spirits Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥2,885 Mil. Shede Spirits Co's Total Assets for the quarter that ended in Dec. 2025 was ¥12,615 Mil. Therefore, Shede Spirits Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.
Shede Spirits Co Scaled Net Operating Assets Related Terms
Shede Spirits Co Scaled Net Operating Assets Historical Data
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The historical data trend for Shede Spirits 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.
Shede Spirits Co Scaled Net Operating Assets Chart
SHSE:600702 vs BF.B: Scaled Net Operating Assets Comparison
For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.
Shede Spirits Co Scaled Net Operating Assets vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Shede Spirits Co's Scaled Net Operating Assets falls into.
* 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 0.69 mean?
Shede Spirits Co (SHSE:600702) has a Scaled Net Operating Assets of 0.69 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 Shede Spirits Co and its competitors.
Is Shede Spirits Co's Scaled Net Operating Assets too high?
Shede Spirits Co's current Scaled Net Operating Assets is 0.69. Overall, Shede Spirits Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Scaled Net Operating Assets compare to BF.B?
Shede Spirits Co's Scaled Net Operating Assets of 0.69 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Alcoholic 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 Shede Spirits Co and its competitors. Shede Spirits Co's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Possible Value Trap. The stock's GF Value™ is ¥50.52, compared to a current price of ¥33.65 — trading 33.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Shede Spirits Co's overall GF Score™ is 79/100 with 10 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 Shede Spirits Co (SHSE:600702), the current Scaled Net Operating Assets is 0.69 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?
Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued.
The current stock price of ¥33.65 is trading 33.4% below its estimated GF Value™ of ¥50.52.
GuruFocus considers Shede Spirits Co to be Possible Value Trap.
Key valuation signals for SHSE:600702:
Scaled Net Operating Assets: 0.69
GF Value™: ¥50.52 vs. price of ¥33.65 (33.4% below fair value)
No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
79GF Score
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