Sumec (SHSE:600710) Scaled Net Operating Assets: 0.26 (As of Mar. 2026)

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SHSE:600710 Sumec Corp Ltd SHSE:600710
77 GF Score
Price ¥10.23
GF Value ¥9.63
Valuation Fairly Valued
! 2 Warning Signs
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What is Sumec Scaled Net Operating Assets?

Sumec SHSE:600710 +1.49% 77 Scaled Net Operating Assets is 0.26 as of Mar. 2026. GuruFocus rates SHSE:600710 with a GF Score™ of 77/100 and a GF Value™ of ¥9.63 (Fairly Valued). The stock has 2 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.

Sumec's operating assets for the quarter that ended in Mar. 2026 was ¥54,736 Mil. Sumec's operating liabilities for the quarter that ended in Mar. 2026 was ¥39,686 Mil. Sumec's Total Assets for the quarter that ended in Dec. 2025 was ¥58,447 Mil. Therefore, Sumec's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.26.


Sumec Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sumec'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.

Sumec Scaled Net Operating Assets Chart

Sumec 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 0.26 0.09 0.14 0.10 0.23

Sumec 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 0.07 0.13 0.15 0.21 0.26

SHSE:600710 vs CAT, DE, PCAR: Scaled Net Operating Assets Comparison

For the Farm & Heavy Construction Machinery subindustry, Sumec'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.


Sumec Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sumec's Scaled Net Operating Assets distribution charts can be found below:

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


SHSE:600710
77GF Score
Sumec Corp Ltd SHSE:600710
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumec 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.

Sumec'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 )
=(49612.906-37167.317)/54904.094
=0.23

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=58446.857 - 8833.951
=49612.906

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41829.461 - 1367.267 - 3294.877
=37167.317

Sumec'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 )
=(54735.998-39685.996)/58446.857
=0.26

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=64290.514 - 9554.516
=54735.998

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46132.026 - 1523.845 - 4922.185
=39685.996

* 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 0.26 mean?
Sumec (SHSE:600710) has a Scaled Net Operating Assets of 0.26 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 Sumec and its competitors.
Is Sumec's Scaled Net Operating Assets too high?
Sumec's current Scaled Net Operating Assets is 0.26. Overall, Sumec has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sumec's Scaled Net Operating Assets compare to CAT and DE?
Sumec's Scaled Net Operating Assets of 0.26 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 Sumec and its competitors. Sumec's current Scaled Net Operating Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumec stock overvalued right now?
Based on GuruFocus' analysis, Sumec (SHSE:600710) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.63, compared to a current price of ¥10.23 — trading 6.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.26. Sumec's overall GF Score™ is 77/100 with 2 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 Sumec (SHSE:600710), the current Scaled Net Operating Assets is 0.26 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 Sumec (SHSE:600710) Overvalued in 2026?

Based on GuruFocus' analysis, Sumec stock appears to be overvalued. The current stock price of ¥10.23 is trading 6.2% above its estimated GF Value™ of ¥9.63. GuruFocus considers Sumec to be Fairly Valued.

Key valuation signals for SHSE:600710:

  • Scaled Net Operating Assets: 0.26
  • GF Value™: ¥9.63 vs. price of ¥10.23 (6.2% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600710 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumec Business Description

Address Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018
Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.
77GF Score

Get the complete analysis for SHSE:600710

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

¥10.23
Price
¥9.63
GF Value