GemPharmatech Co (SHSE:688046) Scaled Net Operating Assets: 0.51 (As of Mar. 2026)


SHSE:688046 GemPharmatech Co Ltd SHSE:688046
94 GF Score
Price ¥24.47
GF Value ¥19.54
Valuation Modestly Overvalued
! 8 Warning Signs
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What is GemPharmatech Co Scaled Net Operating Assets?

GemPharmatech Co SHSE:688046 -3.89% 94 Scaled Net Operating Assets is 0.51 as of Mar. 2026. GuruFocus rates SHSE:688046 with a GF Score™ of 94/100 and a GF Value™ of ¥19.54 (Modestly Overvalued). The stock has 8 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.

GemPharmatech Co's operating assets for the quarter that ended in Mar. 2026 was ¥1,782.4 Mil. GemPharmatech Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥329.6 Mil. GemPharmatech Co's Total Assets for the quarter that ended in Dec. 2025 was ¥2,865.1 Mil. Therefore, GemPharmatech Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.51.


GemPharmatech Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for GemPharmatech 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.

GemPharmatech Co Scaled Net Operating Assets Chart

GemPharmatech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.35 0.74 0.47 0.43 0.50

GemPharmatech 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 0.49 0.49 0.48 0.45 0.51

SHSE:688046 vs VRTX, REGN, ALNY: Scaled Net Operating Assets Comparison

For the Biotechnology subindustry, GemPharmatech 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.


GemPharmatech Co Scaled Net Operating Assets vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GemPharmatech Co's Scaled Net Operating Assets distribution charts can be found below:

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


SHSE:688046
94GF Score
GemPharmatech Co Ltd SHSE:688046
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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GemPharmatech 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.

GemPharmatech 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 )
=(1620.753-346.558)/2572.645
=0.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2865.067 - 1244.314
=1620.753

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=637.87 - 80.234 - 211.078
=346.558

GemPharmatech 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 )
=(1782.411-329.639)/2865.067
=0.51

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2868.038 - 1085.627
=1782.411

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=589.153 - 76.952 - 182.562
=329.639

* 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 0.51 mean?
GemPharmatech Co (SHSE:688046) has a Scaled Net Operating Assets of 0.51 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 GemPharmatech Co and its competitors.
Is GemPharmatech Co's Scaled Net Operating Assets too high?
GemPharmatech Co's current Scaled Net Operating Assets is 0.51. Overall, GemPharmatech Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GemPharmatech Co's Scaled Net Operating Assets compare to VRTX and REGN?
GemPharmatech Co's Scaled Net Operating Assets of 0.51 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 GemPharmatech Co and its competitors. GemPharmatech Co's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GemPharmatech Co stock overvalued right now?
Based on GuruFocus' analysis, GemPharmatech Co (SHSE:688046) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥19.54, compared to a current price of ¥24.47 — trading 25.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.51. GemPharmatech Co's overall GF Score™ is 94/100 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 GemPharmatech Co (SHSE:688046), the current Scaled Net Operating Assets is 0.51 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 GemPharmatech Co (SHSE:688046) Overvalued in 2026?

Based on GuruFocus' analysis, GemPharmatech Co stock appears to be overvalued. The current stock price of ¥24.47 is trading 25.2% above its estimated GF Value™ of ¥19.54. GuruFocus considers GemPharmatech Co to be Modestly Overvalued.

Key valuation signals for SHSE:688046:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: ¥19.54 vs. price of ¥24.47 (25.2% above fair value)
  • GF Score™: 94/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GemPharmatech Co Business Description

Address No. 12, Xuefu Road, Jiangbei New District, Jiangsu Province, Nanjing, CHN, 210032
GemPharmatech Co Ltd is a provider of genetically engineered mouse models and services to preclinical research and development communities. The company develops mouse models with independent intellectual property rights based on technical platforms such as gene editing, stem cells, phenotypic analysis, efficacy analysis, and sterile animals, and carries out one-stop services such as model customization, customized breeding, and functional efficacy analysis.
94GF Score

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

¥24.47
Price
¥19.54
GF Value