Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528) Scaled Net Operating Assets: 0.03 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601528 Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd SHSE:601528
69 GF Score
Price ¥4.81
GF Value ¥5.71
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Scaled Net Operating Assets?

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co SHSE:601528 69 Scaled Net Operating Assets is 0.03 as of Mar. 2026. GuruFocus rates SHSE:601528 with a GF Score™ of 69/100 and a GF Value™ of ¥5.71 (Modestly Undervalued). The stock has 4 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.

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's operating assets for the quarter that ended in Mar. 2026 was ¥231,991 Mil. Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥223,718 Mil. Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's Total Assets for the quarter that ended in Dec. 2025 was ¥241,495 Mil. Therefore, Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.03.

SHSE:601528
69GF Score
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd SHSE:601528
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Shaoxing RuiFeng Rural Commercial Bank 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.

Zhejiang Shaoxing RuiFeng Rural Commercial Bank 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 )
=(220420.82-213201.435)/220502.889
=0.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=241494.927 - 21074.107
=220420.82

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=221530.685 - 8329.25 - 0
=213201.435

Zhejiang Shaoxing RuiFeng Rural Commercial Bank 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 )
=(231990.611-223717.838)/241494.927
=0.03

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=253185.761 - 21195.15
=231990.611

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=232713.422 - 8995.584 - 0
=223717.838

* 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 0.03 mean?
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528) has a Scaled Net Operating Assets of 0.03 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 Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co and its competitors.
Is Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's Scaled Net Operating Assets too high?
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's current Scaled Net Operating Assets is 0.03. Overall, Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's Scaled Net Operating Assets compare to competitors?
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's Scaled Net Operating Assets of 0.03 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co and its competitors. Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's current Scaled Net Operating Assets is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.71, compared to a current price of ¥4.81 — trading 15.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.03. Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's overall GF Score™ is 69/100 with 4 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 Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528), the current Scaled Net Operating Assets is 0.03 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 Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co stock appears to be undervalued. The current stock price of ¥4.81 is trading 15.8% below its estimated GF Value™ of ¥5.71. GuruFocus considers Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co to be Modestly Undervalued.

Key valuation signals for SHSE:601528:

  • Scaled Net Operating Assets: 0.03
  • GF Value™: ¥5.71 vs. price of ¥4.81 (15.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the SHSE:601528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Business Description

Address No. 1363, Diyang Road, Keqiao, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312030
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd operates as a bank. Its services include short-term, medium-term and long-term loans, agent collection and payment and insurance agency business, safe deposit box services, foreign exchange settlement and sales approved by the foreign exchange administration.
69GF Score

Get the complete analysis for SHSE:601528

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

¥4.81
Price
¥5.71
GF Value