JiangSu Changling Hydraulic Co (SHSE:605389) Scaled Net Operating Assets: 0.57 (As of Mar. 2026)

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SHSE:605389 JiangSu Changling Hydraulic Co Ltd SHSE:605389
61 GF Score
Price ¥71.00
GF Value ¥28.79
Valuation Significantly Overvalued
! 3 Warning Signs
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What is JiangSu Changling Hydraulic Co Scaled Net Operating Assets?

JiangSu Changling Hydraulic Co SHSE:605389 -2.45% 61 Scaled Net Operating Assets is 0.57 as of Mar. 2026. GuruFocus rates SHSE:605389 with a GF Score™ of 61/100 and a GF Value™ of ¥28.79 (Significantly Overvalued). The stock has 3 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.

JiangSu Changling Hydraulic Co's operating assets for the quarter that ended in Mar. 2026 was ¥1,673 Mil. JiangSu Changling Hydraulic Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥249 Mil. JiangSu Changling Hydraulic Co's Total Assets for the quarter that ended in Dec. 2025 was ¥2,480 Mil. Therefore, JiangSu Changling Hydraulic Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.57.


JiangSu Changling Hydraulic Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for JiangSu Changling Hydraulic 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.

JiangSu Changling Hydraulic Co Scaled Net Operating Assets Chart

JiangSu Changling Hydraulic 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 0.92 0.49 0.61 0.55 0.58

JiangSu Changling Hydraulic 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 0.59 0.59 0.60 0.58 0.57

SHSE:605389 vs SNA, RBC, SWK: Scaled Net Operating Assets Comparison

For the Tools & Accessories subindustry, JiangSu Changling Hydraulic 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.


JiangSu Changling Hydraulic Co Scaled Net Operating Assets vs Industrial Products Industry

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

* The bar in red indicates where JiangSu Changling Hydraulic Co's Scaled Net Operating Assets falls into.


SHSE:605389
61GF Score
JiangSu Changling Hydraulic Co Ltd SHSE:605389
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JiangSu Changling Hydraulic 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.

JiangSu Changling Hydraulic 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 )
=(1695.526-293.149)/2402.235
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2480.385 - 784.859
=1695.526

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=304.922 - 0 - 11.773
=293.149

JiangSu Changling Hydraulic 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 )
=(1673.115-248.714)/2480.385
=0.57

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2469.862 - 796.747
=1673.115

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=260.477 - 0 - 11.763
=248.714

* 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 0.57 mean?
JiangSu Changling Hydraulic Co (SHSE:605389) has a Scaled Net Operating Assets of 0.57 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 JiangSu Changling Hydraulic Co and its competitors.
Is JiangSu Changling Hydraulic Co's Scaled Net Operating Assets too high?
JiangSu Changling Hydraulic Co's current Scaled Net Operating Assets is 0.57. Overall, JiangSu Changling Hydraulic Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiangSu Changling Hydraulic Co's Scaled Net Operating Assets compare to SNA and RBC?
JiangSu Changling Hydraulic Co's Scaled Net Operating Assets of 0.57 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 JiangSu Changling Hydraulic Co and its competitors. JiangSu Changling Hydraulic Co's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiangSu Changling Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co (SHSE:605389) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥28.79, compared to a current price of ¥71.00 — trading 146.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.57. JiangSu Changling Hydraulic Co's overall GF Score™ is 61/100 with 3 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 JiangSu Changling Hydraulic Co (SHSE:605389), the current Scaled Net Operating Assets is 0.57 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 JiangSu Changling Hydraulic Co (SHSE:605389) Overvalued in 2026?

Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co stock appears to be overvalued. The current stock price of ¥71.00 is trading 146.6% above its estimated GF Value™ of ¥28.79. GuruFocus considers JiangSu Changling Hydraulic Co to be Significantly Overvalued.

Key valuation signals for SHSE:605389:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: ¥28.79 vs. price of ¥71.00 (146.6% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the SHSE:605389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JiangSu Changling Hydraulic Co Business Description

Address 885 Yungu Road, Yunting Street, Jiangsu Province, Jiangyin, CHN, 214422
JiangSu Changling Hydraulic Co Ltd is engaged in the research and development, production, and sales of key hydraulic components for construction machinery. The main products are hydraulic central rotary joints for construction machinery and hydraulic crawler tensioners, hydraulic valves and others.
61GF Score

Get the complete analysis for SHSE:605389

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

¥71.00
Price
¥28.79
GF Value