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* 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.
Zhejiang Red Dragonfly Footwear Co Scaled Net Operating Assets Chart
SHSE:603116 vs NKE, DECK, ONON: Scaled Net Operating Assets Comparison
For the Footwear & Accessories subindustry, Zhejiang Red Dragonfly Footwear 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.
Zhejiang Red Dragonfly Footwear Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Red Dragonfly Footwear Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Zhejiang Red Dragonfly Footwear Co's Scaled Net Operating Assets falls into.
* 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 0.43 mean?
Zhejiang Red Dragonfly Footwear Co (SHSE:603116) has a Scaled Net Operating Assets of 0.43 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Zhejiang Red Dragonfly Footwear Co and its competitors.
Is Zhejiang Red Dragonfly Footwear Co's Scaled Net Operating Assets too high?
Zhejiang Red Dragonfly Footwear Co's current Scaled Net Operating Assets is 0.43. Overall, Zhejiang Red Dragonfly Footwear Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Red Dragonfly Footwear Co's Scaled Net Operating Assets compare to NKE and DECK?
Zhejiang Red Dragonfly Footwear Co's Scaled Net Operating Assets of 0.43 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Red Dragonfly Footwear Co and its competitors. Zhejiang Red Dragonfly Footwear Co's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Red Dragonfly Footwear Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Red Dragonfly Footwear Co (SHSE:603116) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.11, compared to a current price of ¥6.60 — trading 8% above its estimated fair value. The current Scaled Net Operating Assets is 0.43. Zhejiang Red Dragonfly Footwear Co's overall GF Score™ is 60/100 with 1 warning sign 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 Red Dragonfly Footwear Co (SHSE:603116), the current Scaled Net Operating Assets is 0.43 as of Jun. 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 Red Dragonfly Footwear Co (SHSE:603116) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Red Dragonfly Footwear Co stock appears to be overvalued.
The current stock price of ¥6.60 is trading 8% above its estimated GF Value™ of ¥6.11.
GuruFocus considers Zhejiang Red Dragonfly Footwear Co to be Fairly Valued.
Key valuation signals for SHSE:603116:
Scaled Net Operating Assets: 0.43
GF Value™: ¥6.11 vs. price of ¥6.60 (8% above fair value)
No single metric tells the full story. See the SHSE:603116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Red Dragonfly Footwear Co Ltd is engaged in research and development, production and sale of Red Dragonfly brand shoes and leather goods, clothing and other industry. The company main products include men's and women's shoes, children's shoes and apparels, leather belts, wallets, and leather handbags, among others.
60GF Score
Get the complete analysis for SHSE:603116
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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