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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Henan Lantian Gas Co's operating assets for the quarter that ended in Mar. 2026 was ¥5,277 Mil. Henan Lantian Gas Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥1,115 Mil. Henan Lantian Gas Co's Total Assets for the quarter that ended in Dec. 2025 was ¥5,921 Mil. Therefore, Henan Lantian Gas Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.
Henan Lantian Gas Co Scaled Net Operating Assets Related Terms
Henan Lantian Gas Co Scaled Net Operating Assets Historical Data
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The historical data trend for Henan Lantian Gas 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.
Henan Lantian Gas Co Scaled Net Operating Assets Chart
SHSE:605368 vs ATO, NI: Scaled Net Operating Assets Comparison
For the Utilities - Regulated Gas subindustry, Henan Lantian Gas 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.
Henan Lantian Gas Co Scaled Net Operating Assets vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Henan Lantian Gas Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Henan Lantian Gas 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 0.70 mean?
Henan Lantian Gas Co (SHSE:605368) has a Scaled Net Operating Assets of 0.70 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 Henan Lantian Gas Co and its competitors.
Is Henan Lantian Gas Co's Scaled Net Operating Assets too high?
Henan Lantian Gas Co's current Scaled Net Operating Assets is 0.70. Overall, Henan Lantian Gas Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Lantian Gas Co's Scaled Net Operating Assets compare to ATO and NI?
Henan Lantian Gas Co's Scaled Net Operating Assets of 0.70 can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Henan Lantian Gas Co and its competitors. Henan Lantian Gas Co's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Lantian Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Lantian Gas Co (SHSE:605368) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.61, compared to a current price of ¥6.65 — trading 22.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Henan Lantian Gas Co's overall GF Score™ is 66/100 with 8 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 Henan Lantian Gas Co (SHSE:605368), the current Scaled Net Operating Assets is 0.70 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 Henan Lantian Gas Co (SHSE:605368) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Lantian Gas Co stock appears to be undervalued.
The current stock price of ¥6.65 is trading 22.8% below its estimated GF Value™ of ¥8.61.
GuruFocus considers Henan Lantian Gas Co to be Modestly Undervalued.
Key valuation signals for SHSE:605368:
Scaled Net Operating Assets: 0.70
GF Value™: ¥8.61 vs. price of ¥6.65 (22.8% below fair value)
No single metric tells the full story. See the SHSE:605368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.
66GF Score
Get the complete analysis for SHSE:605368
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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