Chahua Modern Housewares Co (SHSE:603615) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)

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SHSE:603615 Chahua Modern Housewares Co Ltd SHSE:603615
68 GF Score
Price ¥16.32
GF Value ¥41.31
Valuation Possible Value Trap
! 7 Warning Signs
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What is Chahua Modern Housewares Co Scaled Net Operating Assets?

Chahua Modern Housewares Co SHSE:603615 +0.37% 68 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates SHSE:603615 with a GF Score™ of 68/100 and a GF Value™ of ¥41.31 (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.

Chahua Modern Housewares Co's operating assets for the quarter that ended in Mar. 2026 was ¥1,197 Mil. Chahua Modern Housewares Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥197 Mil. Chahua Modern Housewares Co's Total Assets for the quarter that ended in Dec. 2025 was ¥1,707 Mil. Therefore, Chahua Modern Housewares Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


Chahua Modern Housewares Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Chahua Modern Housewares 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.

Chahua Modern Housewares Co Scaled Net Operating Assets Chart

Chahua Modern Housewares 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 0.65 0.61 0.56 0.41 0.61

Chahua Modern Housewares 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 0.45 0.48 0.54 0.56 0.59

SHSE:603615 vs SW, PKG, IP: Scaled Net Operating Assets Comparison

For the Packaging & Containers subindustry, Chahua Modern Housewares 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.


Chahua Modern Housewares Co Scaled Net Operating Assets vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Chahua Modern Housewares Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Chahua Modern Housewares Co's Scaled Net Operating Assets falls into.


SHSE:603615
68GF Score
Chahua Modern Housewares Co Ltd SHSE:603615
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chahua Modern Housewares 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.

Chahua Modern Housewares 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 )
=(1159.381-232.13)/1522.549
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1706.862 - 547.481
=1159.381

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=562.151 - 7.196 - 322.825
=232.13

Chahua Modern Housewares 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 )
=(1197.225-196.585)/1706.862
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1681.944 - 484.719
=1197.225

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=532.392 - 6.749 - 329.058
=196.585

* 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 0.59 mean?
Chahua Modern Housewares Co (SHSE:603615) has a Scaled Net Operating Assets of 0.59 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 Chahua Modern Housewares Co and its competitors.
Is Chahua Modern Housewares Co's Scaled Net Operating Assets too high?
Chahua Modern Housewares Co's current Scaled Net Operating Assets is 0.59. Overall, Chahua Modern Housewares Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chahua Modern Housewares Co's Scaled Net Operating Assets compare to SW and PKG?
Chahua Modern Housewares Co's Scaled Net Operating Assets of 0.59 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Scaled Net Operating Assets depends on the Packaging & Containers 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 Chahua Modern Housewares Co and its competitors. Chahua Modern Housewares Co's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chahua Modern Housewares Co stock overvalued right now?
Based on GuruFocus' analysis, Chahua Modern Housewares Co (SHSE:603615) is currently considered Possible Value Trap. The stock's GF Value™ is ¥41.31, compared to a current price of ¥16.32 — trading 60.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. Chahua Modern Housewares Co's overall GF Score™ is 68/100 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 Chahua Modern Housewares Co (SHSE:603615), the current Scaled Net Operating Assets is 0.59 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 Chahua Modern Housewares Co (SHSE:603615) Overvalued in 2026?

Based on GuruFocus' analysis, Chahua Modern Housewares Co stock appears to be undervalued. The current stock price of ¥16.32 is trading 60.5% below its estimated GF Value™ of ¥41.31. GuruFocus considers Chahua Modern Housewares Co to be Possible Value Trap.

Key valuation signals for SHSE:603615:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: ¥41.31 vs. price of ¥16.32 (60.5% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chahua Modern Housewares Co Business Description

Address 168 Jiaokeng Road, Gushan Town, Jin\'an District, Fujian Province, Fuzhou, CHN, 350014
Chahua Modern Housewares Co Ltd engages in the design, development, production, and sale of various plastic housewares in China. The firm offers kitchen products, such as lunch boxes food containers, vacuum lunch boxes, cutting boards, rice buckets, peelers, trays, fruit trays, and others; storage products, including storage boxes and drawers, shoe racks; and water bottles comprising cups, thermos, tumblers. It also provides cleaning items that include mops, cleaning pails, dustpans and brooms, brushes, cleaning rags, and others; and bathroom products consisting soap trays, bathroom racks, potty products. It also offers disposal products like fresh keeping bags, paper and plastic cups, garbage bags, hangers; and daily used items, such as basins, baskets, chairs and stools, tissue boxes.
68GF Score

Get the complete analysis for SHSE:603615

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

¥16.32
Price
¥41.31
GF Value