Sinoma Energy Conservation (SHSE:603126) Scaled Net Operating Assets: 0.38 (As of Mar. 2026)

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SHSE:603126 Sinoma Energy Conservation Ltd SHSE:603126
62 GF Score
Price ¥5.93
GF Value ¥9.92
Valuation Possible Value Trap
! 7 Warning Signs
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What is Sinoma Energy Conservation Scaled Net Operating Assets?

Sinoma Energy Conservation SHSE:603126 +1.72% 62 Scaled Net Operating Assets is 0.38 as of Mar. 2026. GuruFocus rates SHSE:603126 with a GF Score™ of 62/100 and a GF Value™ of ¥9.92 (Possible Value Trap). The stock has 7 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.

Sinoma Energy Conservation's operating assets for the quarter that ended in Mar. 2026 was ¥5,914 Mil. Sinoma Energy Conservation's operating liabilities for the quarter that ended in Mar. 2026 was ¥3,366 Mil. Sinoma Energy Conservation's Total Assets for the quarter that ended in Dec. 2025 was ¥6,650 Mil. Therefore, Sinoma Energy Conservation's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.38.


Sinoma Energy Conservation Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sinoma Energy Conservation'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.

Sinoma Energy Conservation Scaled Net Operating Assets Chart

Sinoma Energy Conservation 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 0.35 0.38 0.34 0.35 0.42

Sinoma Energy Conservation 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 0.40 0.40 0.44 0.39 0.38

Sinoma Energy Conservation Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Sinoma Energy Conservation'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.


Sinoma Energy Conservation Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sinoma Energy Conservation's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sinoma Energy Conservation's Scaled Net Operating Assets falls into.


SHSE:603126
62GF Score
Sinoma Energy Conservation Ltd SHSE:603126
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinoma Energy Conservation 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.

Sinoma Energy Conservation'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 )
=(5356.794-3222.28)/5132.709
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6649.68 - 1292.886
=5356.794

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4194.648 - 428.49 - 543.878
=3222.28

Sinoma Energy Conservation'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 )
=(5913.926-3365.505)/6649.68
=0.38

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6909.78 - 995.854
=5913.926

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4446.857 - 515.851 - 565.501
=3365.505

* 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 0.38 mean?
Sinoma Energy Conservation (SHSE:603126) has a Scaled Net Operating Assets of 0.38 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 Sinoma Energy Conservation and its competitors.
Is Sinoma Energy Conservation's Scaled Net Operating Assets too high?
Sinoma Energy Conservation's current Scaled Net Operating Assets is 0.38. Overall, Sinoma Energy Conservation has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sinoma Energy Conservation's Scaled Net Operating Assets compare to competitors?
Sinoma Energy Conservation's Scaled Net Operating Assets of 0.38 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Sinoma Energy Conservation and its competitors. Sinoma Energy Conservation's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinoma Energy Conservation stock overvalued right now?
Based on GuruFocus' analysis, Sinoma Energy Conservation (SHSE:603126) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.92, compared to a current price of ¥5.93 — trading 40.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.38. Sinoma Energy Conservation's overall GF Score™ is 62/100 with 7 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 Sinoma Energy Conservation (SHSE:603126), the current Scaled Net Operating Assets is 0.38 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 Sinoma Energy Conservation (SHSE:603126) Overvalued in 2026?

Based on GuruFocus' analysis, Sinoma Energy Conservation stock appears to be undervalued. The current stock price of ¥5.93 is trading 40.2% below its estimated GF Value™ of ¥9.92. GuruFocus considers Sinoma Energy Conservation to be Possible Value Trap.

Key valuation signals for SHSE:603126:

  • Scaled Net Operating Assets: 0.38
  • GF Value™: ¥9.92 vs. price of ¥5.93 (40.2% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603126 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinoma Energy Conservation Business Description

Address Southwest of the intersection of Jingjin Highway and Longzhou Road, Building 3, Beichen Building, Beichen District, Tianjin, CHN, 300400
Sinoma Energy Conservation Ltd is engaged in energy conservation and waste reduction. Its business scope mainly includes investment of waste heat power generation project (BOT); engineering technology development, consultancy and design of waste heat power generation (EP); turn-key contract (EPC); supply of clean development mechanism (CDM); development proposals and technology consultancy.
62GF Score

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

¥5.93
Price
¥9.92
GF Value