Hexing Electrical Co (SHSE:603556) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)

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SHSE:603556 Hexing Electrical Co Ltd SHSE:603556
78 GF Score
Price ¥26.99
GF Value ¥39.42
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Hexing Electrical Co Scaled Net Operating Assets?

Hexing Electrical Co SHSE:603556 78 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates SHSE:603556 with a GF Score™ of 78/100 and a GF Value™ of ¥39.42 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hexing Electrical Co's operating assets for the quarter that ended in Mar. 2026 was ¥8,093 Mil. Hexing Electrical Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥2,342 Mil. Hexing Electrical Co's Total Assets for the quarter that ended in Dec. 2025 was ¥9,936 Mil. Therefore, Hexing Electrical Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.


Hexing Electrical Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hexing Electrical 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.

Hexing Electrical Co Scaled Net Operating Assets Chart

Hexing Electrical 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 0.28 0.25 0.30 0.49 0.58

Hexing Electrical 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 0.53 0.59 0.62 0.56 0.58

SHSE:603556 vs VRT, BE: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, Hexing Electrical 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.


Hexing Electrical Co Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hexing Electrical Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hexing Electrical Co's Scaled Net Operating Assets falls into.


SHSE:603556
78GF Score
Hexing Electrical Co Ltd SHSE:603556
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hexing Electrical 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.

Hexing Electrical 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 )
=(7646.762-2197.255)/9478.317
=0.57

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9936.164 - 2289.402
=7646.762

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2537.221 - 23.225 - 316.741
=2197.255

Hexing Electrical 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 )
=(8093.178-2342.161)/9936.164
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9958.808 - 1865.63
=8093.178

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2479.64 - 20.893 - 116.586
=2342.161

* 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 0.58 mean?
Hexing Electrical Co (SHSE:603556) has a Scaled Net Operating Assets of 0.58 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 Hexing Electrical Co and its competitors.
Is Hexing Electrical Co's Scaled Net Operating Assets too high?
Hexing Electrical Co's current Scaled Net Operating Assets is 0.58. Overall, Hexing Electrical Co has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexing Electrical Co's Scaled Net Operating Assets compare to VRT and BE?
Hexing Electrical Co's Scaled Net Operating Assets of 0.58 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Hexing Electrical Co and its competitors. Hexing Electrical Co's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexing Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Hexing Electrical Co (SHSE:603556) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥39.42, compared to a current price of ¥26.99 — trading 31.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.58. Hexing Electrical Co's overall GF Score™ is 78/100 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 Hexing Electrical Co (SHSE:603556), the current Scaled Net Operating Assets is 0.58 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 Hexing Electrical Co (SHSE:603556) Overvalued in 2026?

Based on GuruFocus' analysis, Hexing Electrical Co stock appears to be undervalued. The current stock price of ¥26.99 is trading 31.5% below its estimated GF Value™ of ¥39.42. GuruFocus considers Hexing Electrical Co to be Significantly Undervalued.

Key valuation signals for SHSE:603556:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: ¥39.42 vs. price of ¥26.99 (31.5% below fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexing Electrical Co Business Description

Address 1418-5 Moganshan Road, Shangcheng Industrial Zone, Hangzhou, CHN, 310011
Hexing Electrical Co Ltd is manufacturers and solution providers in smart metering products and systems. The company offers a product such as Gateway Communication Device, Smart Cluster Metering Cabinet, ANSI Meter Test Equipment, Conventional Meter Matrix and Smart Meter Matrix. Geographically operates through China.
78GF Score

Get the complete analysis for SHSE:603556

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

¥26.99
Price
¥39.42
GF Value