CTS International Logistics (SHSE:603128) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)

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SHSE:603128 CTS International Logistics Corp Ltd SHSE:603128
76 GF Score
Price ¥5.27
GF Value ¥6.73
Valuation Modestly Undervalued
! 7 Warning Signs
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What is CTS International Logistics Scaled Net Operating Assets?

CTS International Logistics SHSE:603128 +1.15% 76 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates SHSE:603128 with a GF Score™ of 76/100 and a GF Value™ of ¥6.73 (Modestly Undervalued). 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.

CTS International Logistics's operating assets for the quarter that ended in Mar. 2026 was ¥10,359 Mil. CTS International Logistics's operating liabilities for the quarter that ended in Mar. 2026 was ¥3,051 Mil. CTS International Logistics's Total Assets for the quarter that ended in Dec. 2025 was ¥12,257 Mil. Therefore, CTS International Logistics's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


CTS International Logistics Scaled Net Operating Assets Historical Data

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The historical data trend for CTS International Logistics'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.

CTS International Logistics Scaled Net Operating Assets Chart

CTS International Logistics 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 0.68 0.46 0.48 0.56 0.63

CTS International Logistics 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 0.54 0.57 0.54 0.60 0.60

SHSE:603128 vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, CTS International Logistics'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.


CTS International Logistics Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, CTS International Logistics's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CTS International Logistics's Scaled Net Operating Assets falls into.


SHSE:603128
76GF Score
CTS International Logistics Corp Ltd SHSE:603128
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CTS International Logistics 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.

CTS International Logistics'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 )
=(9864.713-2994.472)/10844.121
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12256.854 - 2392.141
=9864.713

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5888.466 - 507.43 - 2386.564
=2994.472

CTS International Logistics'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 )
=(10358.697-3050.738)/12256.854
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12497.562 - 2138.865
=10358.697

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6058.981 - 589.581 - 2418.662
=3050.738

* 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 0.60 mean?
CTS International Logistics (SHSE:603128) has a Scaled Net Operating Assets of 0.60 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 CTS International Logistics and its competitors.
Is CTS International Logistics' Scaled Net Operating Assets too high?
CTS International Logistics' current Scaled Net Operating Assets is 0.60. Overall, CTS International Logistics has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CTS International Logistics' Scaled Net Operating Assets compare to UPS and FDX?
CTS International Logistics' Scaled Net Operating Assets of 0.60 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 CTS International Logistics and its competitors. CTS International Logistics's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS International Logistics stock overvalued right now?
Based on GuruFocus' analysis, CTS International Logistics (SHSE:603128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.73, compared to a current price of ¥5.27 — trading 21.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. CTS International Logistics' overall GF Score™ is 76/100 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 CTS International Logistics (SHSE:603128), the current Scaled Net Operating Assets is 0.60 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 CTS International Logistics (SHSE:603128) Overvalued in 2026?

Based on GuruFocus' analysis, CTS International Logistics stock appears to be undervalued. The current stock price of ¥5.27 is trading 21.7% below its estimated GF Value™ of ¥6.73. GuruFocus considers CTS International Logistics to be Modestly Undervalued.

Key valuation signals for SHSE:603128:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: ¥6.73 vs. price of ¥5.27 (21.7% below fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTS International Logistics Business Description

Address No. 338 Nanjing West Road, 20th Floor, Tianan Center, Shanghai, CHN, 200003
CTS International Logistics Corp Ltd provide one-stop integrated logistics and supply chain trade services for cross-border businesses, with international freight forwarding as its core business.
76GF Score

Get the complete analysis for SHSE:603128

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

¥5.27
Price
¥6.73
GF Value