Jiangyin Jianghua Microelectronics Materials Co (SHSE:603078) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)

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SHSE:603078 Jiangyin Jianghua Microelectronics Materials Co Ltd SHSE:603078
72 GF Score
Price ¥26.92
GF Value ¥21.13
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Jiangyin Jianghua Microelectronics Materials Co Scaled Net Operating Assets?

Jiangyin Jianghua Microelectronics Materials Co SHSE:603078 -3.86% 72 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates SHSE:603078 with a GF Score™ of 72/100 and a GF Value™ of ¥21.13 (Modestly Overvalued). The stock has 3 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.

Jiangyin Jianghua Microelectronics Materials Co's operating assets for the quarter that ended in Mar. 2026 was ¥2,171 Mil. Jiangyin Jianghua Microelectronics Materials Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥286 Mil. Jiangyin Jianghua Microelectronics Materials Co's Total Assets for the quarter that ended in Dec. 2025 was ¥2,676 Mil. Therefore, Jiangyin Jianghua Microelectronics Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


Jiangyin Jianghua Microelectronics Materials Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Jiangyin Jianghua Microelectronics Materials 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.

Jiangyin Jianghua Microelectronics Materials Co Scaled Net Operating Assets Chart

Jiangyin Jianghua Microelectronics Materials 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 0.72 0.59 0.57 0.65 0.70

Jiangyin Jianghua Microelectronics Materials 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 0.69 0.69 0.68 0.70 0.70

SHSE:603078 vs AMAT, LRCX, KLAC: Scaled Net Operating Assets Comparison

For the Semiconductor Equipment & Materials subindustry, Jiangyin Jianghua Microelectronics Materials 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.


Jiangyin Jianghua Microelectronics Materials Co Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Jiangyin Jianghua Microelectronics Materials Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Jiangyin Jianghua Microelectronics Materials Co's Scaled Net Operating Assets falls into.


SHSE:603078
72GF Score
Jiangyin Jianghua Microelectronics Materials Co Ltd SHSE:603078
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangyin Jianghua Microelectronics Materials 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.

Jiangyin Jianghua Microelectronics Materials 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 )
=(2109.375-267.298)/2625.378
=0.70

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2675.91 - 566.535
=2109.375

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=711.293 - 424.049 - 19.946
=267.298

Jiangyin Jianghua Microelectronics Materials 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 )
=(2170.688-286.311)/2675.91
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2743.816 - 573.128
=2170.688

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=748.086 - 441.006 - 20.769
=286.311

* 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 0.70 mean?
Jiangyin Jianghua Microelectronics Materials Co (SHSE:603078) has a Scaled Net Operating Assets of 0.70 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 Jiangyin Jianghua Microelectronics Materials Co and its competitors.
Is Jiangyin Jianghua Microelectronics Materials Co's Scaled Net Operating Assets too high?
Jiangyin Jianghua Microelectronics Materials Co's current Scaled Net Operating Assets is 0.70. Overall, Jiangyin Jianghua Microelectronics Materials Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangyin Jianghua Microelectronics Materials Co's Scaled Net Operating Assets compare to AMAT and LRCX?
Jiangyin Jianghua Microelectronics Materials Co's Scaled Net Operating Assets of 0.70 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Jiangyin Jianghua Microelectronics Materials Co and its competitors. Jiangyin Jianghua Microelectronics Materials Co's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangyin Jianghua Microelectronics Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangyin Jianghua Microelectronics Materials Co (SHSE:603078) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥21.13, compared to a current price of ¥26.92 — trading 27.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.70. Jiangyin Jianghua Microelectronics Materials Co's overall GF Score™ is 72/100 with 3 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 Jiangyin Jianghua Microelectronics Materials Co (SHSE:603078), the current Scaled Net Operating Assets is 0.70 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 Jiangyin Jianghua Microelectronics Materials Co (SHSE:603078) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangyin Jianghua Microelectronics Materials Co stock appears to be overvalued. The current stock price of ¥26.92 is trading 27.4% above its estimated GF Value™ of ¥21.13. GuruFocus considers Jiangyin Jianghua Microelectronics Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:603078:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: ¥21.13 vs. price of ¥26.92 (27.4% above fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangyin Jianghua Microelectronics Materials Co Business Description

Address No. 581, Changshou Yungu Road, Zhouzhuang Town, Jiangsu Province, Jiangyin, CHN, 214423
Jiangyin Jianghua Microelectronics Materials Co Ltd is a Chinese company engaged in the production of Semiconductors like TR and IC, Crystalline silicon solar such as solar PV, FPD flat panel display products including TFT-LCD, CF, TP, OLED, PDP, and others, and special wet chemicals required in the manufacturing of LED, silicon, and lithium batteries, among others.
72GF Score

Get the complete analysis for SHSE:603078

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

¥26.92
Price
¥21.13
GF Value