Jiangsu Phoenix Publishing & Media (SHSE:601928) Scaled Net Operating Assets: 0.44 (As of Mar. 2026)


SHSE:601928 Jiangsu Phoenix Publishing & Media Corp Ltd SHSE:601928
64 GF Score
Price ¥9.13
GF Value ¥9.20
Valuation Fairly Valued
! 5 Warning Signs
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What is Jiangsu Phoenix Publishing & Media Scaled Net Operating Assets?

Jiangsu Phoenix Publishing & Media SHSE:601928 +0.44% 64 Scaled Net Operating Assets is 0.44 as of Mar. 2026. GuruFocus rates SHSE:601928 with a GF Score™ of 64/100 and a GF Value™ of ¥9.20 (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.

Jiangsu Phoenix Publishing & Media's operating assets for the quarter that ended in Mar. 2026 was ¥23,449 Mil. Jiangsu Phoenix Publishing & Media's operating liabilities for the quarter that ended in Mar. 2026 was ¥10,092 Mil. Jiangsu Phoenix Publishing & Media's Total Assets for the quarter that ended in Dec. 2025 was ¥30,558 Mil. Therefore, Jiangsu Phoenix Publishing & Media's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.


Jiangsu Phoenix Publishing & Media Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Jiangsu Phoenix Publishing & Media'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.

Jiangsu Phoenix Publishing & Media Scaled Net Operating Assets Chart

Jiangsu Phoenix Publishing & Media 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 0.31 0.36 0.56 0.54 0.46

Jiangsu Phoenix Publishing & Media 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 0.49 0.42 0.44 0.44 0.44

SHSE:601928 vs NYT, WLY: Scaled Net Operating Assets Comparison

For the Publishing subindustry, Jiangsu Phoenix Publishing & Media'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.


Jiangsu Phoenix Publishing & Media Scaled Net Operating Assets vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jiangsu Phoenix Publishing & Media's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Jiangsu Phoenix Publishing & Media's Scaled Net Operating Assets falls into.


SHSE:601928
64GF Score
Jiangsu Phoenix Publishing & Media Corp Ltd SHSE:601928
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Phoenix Publishing & Media 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.

Jiangsu Phoenix Publishing & Media'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 )
=(24134.619-10139.326)/30746.88
=0.46

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30558.084 - 6423.465
=24134.619

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10366.883 - 152.873 - 74.684
=10139.326

Jiangsu Phoenix Publishing & Media'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 )
=(23448.857-10091.806)/30558.084
=0.44

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30927.869 - 7479.012
=23448.857

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10300.249 - 154.441 - 54.002
=10091.806

* 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 0.44 mean?
Jiangsu Phoenix Publishing & Media (SHSE:601928) has a Scaled Net Operating Assets of 0.44 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 Jiangsu Phoenix Publishing & Media and its competitors.
Is Jiangsu Phoenix Publishing & Media's Scaled Net Operating Assets too high?
Jiangsu Phoenix Publishing & Media's current Scaled Net Operating Assets is 0.44. Overall, Jiangsu Phoenix Publishing & Media has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Phoenix Publishing & Media's Scaled Net Operating Assets compare to NYT and WLY?
Jiangsu Phoenix Publishing & Media's Scaled Net Operating Assets of 0.44 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Scaled Net Operating Assets depends on the Media - Diversified 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 Jiangsu Phoenix Publishing & Media and its competitors. Jiangsu Phoenix Publishing & Media's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Phoenix Publishing & Media stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Phoenix Publishing & Media (SHSE:601928) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.20, compared to a current price of ¥9.13 — trading 0.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.44. Jiangsu Phoenix Publishing & Media's overall GF Score™ is 64/100 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 Jiangsu Phoenix Publishing & Media (SHSE:601928), the current Scaled Net Operating Assets is 0.44 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 Jiangsu Phoenix Publishing & Media (SHSE:601928) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Phoenix Publishing & Media stock appears to be undervalued. The current stock price of ¥9.13 is trading 0.8% below its estimated GF Value™ of ¥9.20. GuruFocus considers Jiangsu Phoenix Publishing & Media to be Fairly Valued.

Key valuation signals for SHSE:601928:

  • Scaled Net Operating Assets: 0.44
  • GF Value™: ¥9.20 vs. price of ¥9.13 (0.8% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Phoenix Publishing & Media Business Description

Address No. 1, Hunan Road, Tower B, Phoenix Plaza, Nanjing, CHN, 210009
Jiangsu Phoenix Publishing & Media Corp Ltd is a China-based publishing company. The company operates four segments. The Publishing segment covers the publishing and distribution of textbooks, teaching aids, general books, audio-visual products, and vocational education software. The Issuing Division handles the wholesale and retail of teaching materials, teaching aids, general books, audio-visual products, and cultural supplies. The Other segment includes new media businesses such as software development, film and television production, digital asset management, cloud services, and investment management. The Headquarters segment oversees distribution management, procurement, settlement, group publication distribution, textbook bidding, and publishing business management.
64GF Score

Get the complete analysis for SHSE:601928

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

¥9.13
Price
¥9.20
GF Value