Nanjing Chemical Fibre Co (SHSE:600889) Scaled Net Operating Assets: 0.88 (As of Mar. 2026)


SHSE:600889 Nanjing Chemical Fibre Co Ltd SHSE:600889
44 GF Score
Price ¥16.09
GF Value ¥5.81
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nanjing Chemical Fibre Co Scaled Net Operating Assets?

Nanjing Chemical Fibre Co SHSE:600889 -2.48% 44 Scaled Net Operating Assets is 0.88 as of Mar. 2026. GuruFocus rates SHSE:600889 with a GF Score™ of 44/100 and a GF Value™ of ¥5.81 (Significantly Overvalued). The stock has 6 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.

Nanjing Chemical Fibre Co's operating assets for the quarter that ended in Mar. 2026 was ¥1,653.2 Mil. Nanjing Chemical Fibre Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥557.6 Mil. Nanjing Chemical Fibre Co's Total Assets for the quarter that ended in Dec. 2025 was ¥1,240.8 Mil. Therefore, Nanjing Chemical Fibre Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.88.


Nanjing Chemical Fibre Co Scaled Net Operating Assets Historical Data

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The historical data trend for Nanjing Chemical Fibre 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.

Nanjing Chemical Fibre Co Scaled Net Operating Assets Chart

Nanjing Chemical Fibre 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 0.46 0.51 0.60 0.53 0.45

Nanjing Chemical Fibre 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 0.50 0.46 0.53 0.53 0.88

SHSE:600889 vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Nanjing Chemical Fibre 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.


Nanjing Chemical Fibre Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nanjing Chemical Fibre Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nanjing Chemical Fibre Co's Scaled Net Operating Assets falls into.


SHSE:600889
44GF Score
Nanjing Chemical Fibre Co Ltd SHSE:600889
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Chemical Fibre 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.

Nanjing Chemical Fibre 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 )
=(1201.973-540.575)/1484.44
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1240.801 - 38.828
=1201.973

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=931.045 - 4 - 386.47
=540.575

Nanjing Chemical Fibre 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 )
=(1653.193-557.645)/1240.801
=0.88

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1807.94 - 154.747
=1653.193

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=688.91 - 119.618 - 11.647
=557.645

* 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 0.88 mean?
Nanjing Chemical Fibre Co (SHSE:600889) has a Scaled Net Operating Assets of 0.88 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 Nanjing Chemical Fibre Co and its competitors.
Is Nanjing Chemical Fibre Co's Scaled Net Operating Assets too high?
Nanjing Chemical Fibre Co's current Scaled Net Operating Assets is 0.88. Overall, Nanjing Chemical Fibre Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chemical Fibre Co's Scaled Net Operating Assets compare to DOW?
Nanjing Chemical Fibre Co's Scaled Net Operating Assets of 0.88 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 Nanjing Chemical Fibre Co and its competitors. Nanjing Chemical Fibre Co's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chemical Fibre Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chemical Fibre Co (SHSE:600889) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.81, compared to a current price of ¥16.09 — trading 176.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.88. Nanjing Chemical Fibre Co's overall GF Score™ is 44/100 with 6 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 Nanjing Chemical Fibre Co (SHSE:600889), the current Scaled Net Operating Assets is 0.88 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 Nanjing Chemical Fibre Co (SHSE:600889) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Chemical Fibre Co stock appears to be overvalued. The current stock price of ¥16.09 is trading 176.9% above its estimated GF Value™ of ¥5.81. GuruFocus considers Nanjing Chemical Fibre Co to be Significantly Overvalued.

Key valuation signals for SHSE:600889:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: ¥5.81 vs. price of ¥16.09 (176.9% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Chemical Fibre Co Business Description

Address No. 2, Yuzhuang Road, Xiongzhou Street, Liuhe District, Jiangsu, Nanjing, CHN, 211511
Nanjing Chemical Fibre Co Ltd is a China-based company mainly engaged in the production and operation of viscose fiber and tap water. The company produces Jinling brand viscose fiber which is sold in China and exported to South Korea, Japan, Vietnam, Europe and the United States. Its water plant is located at Yanziji, Qixia District, Nanjing, and has a water supply capacity of approx. 150,000 tons/day. The company provides tap water service to enterprises in the economic and technological development zone and its surrounding factories and residential quarters.
44GF Score

Get the complete analysis for SHSE:600889

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

¥16.09
Price
¥5.81
GF Value