Altenergy Power System (SHSE:688348) Scaled Net Operating Assets: 0.49 (As of Jun. 2026)

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SHSE:688348 Altenergy Power System Inc SHSE:688348
76 GF Score
Price ¥31.48
GF Value ¥29.50
Valuation Fairly Valued
! 4 Warning Signs
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What is Altenergy Power System Scaled Net Operating Assets?

Altenergy Power System SHSE:688348 +2.04% 76 Scaled Net Operating Assets is 0.49 as of Jun. 2026. GuruFocus rates SHSE:688348 with a GF Score™ of 76/100 and a GF Value™ of ¥29.50 (Fairly Valued). The stock has 4 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.

Altenergy Power System's operating assets for the quarter that ended in Jun. 2026 was ¥2,626.7 Mil. Altenergy Power System's operating liabilities for the quarter that ended in Jun. 2026 was ¥463.6 Mil. Altenergy Power System's Total Assets for the quarter that ended in Mar. 2026 was ¥4,457.4 Mil. Therefore, Altenergy Power System's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.49.


Altenergy Power System Scaled Net Operating Assets Historical Data

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The historical data trend for Altenergy Power System'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.

Altenergy Power System Scaled Net Operating Assets Chart

Altenergy Power System Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.27 1.68 0.48 0.42 0.44

Altenergy Power System Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.43 0.45 0.49 0.49

SHSE:688348 vs CSCO, MSI, LITE: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Altenergy Power System'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.


Altenergy Power System Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Altenergy Power System's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Altenergy Power System's Scaled Net Operating Assets falls into.


SHSE:688348
76GF Score
Altenergy Power System Inc SHSE:688348
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Altenergy Power System 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.

Altenergy Power System'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 )
=(2577.835-536.009)/4618.148
=0.44

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4326.983 - 1749.148
=2577.835

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=914.277 - 65.077 - 313.191
=536.009

Altenergy Power System's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(2626.663-463.58)/4457.399
=0.49

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4363.192 - 1736.529
=2626.663

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1103.607 - 58.681 - 581.346
=463.58

* 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 0.49 mean?
Altenergy Power System (SHSE:688348) has a Scaled Net Operating Assets of 0.49 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Altenergy Power System and its competitors.
Is Altenergy Power System's Scaled Net Operating Assets too high?
Altenergy Power System's current Scaled Net Operating Assets is 0.49. Overall, Altenergy Power System has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altenergy Power System's Scaled Net Operating Assets compare to CSCO and MSI?
Altenergy Power System's Scaled Net Operating Assets of 0.49 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Altenergy Power System and its competitors. Altenergy Power System's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altenergy Power System stock overvalued right now?
Based on GuruFocus' analysis, Altenergy Power System (SHSE:688348) is currently considered Fairly Valued. The stock's GF Value™ is ¥29.50, compared to a current price of ¥31.48 — trading 6.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.49. Altenergy Power System's overall GF Score™ is 76/100 with 4 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 Altenergy Power System (SHSE:688348), the current Scaled Net Operating Assets is 0.49 as of Jun. 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 Altenergy Power System (SHSE:688348) Overvalued in 2026?

Based on GuruFocus' analysis, Altenergy Power System stock appears to be overvalued. The current stock price of ¥31.48 is trading 6.7% above its estimated GF Value™ of ¥29.50. GuruFocus considers Altenergy Power System to be Fairly Valued.

Key valuation signals for SHSE:688348:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: ¥29.50 vs. price of ¥31.48 (6.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Altenergy Power System Business Description

Address No. 1, Yatai Road, 3rd Floor, Building 1, Jiaxing Science and Technology City, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006
Yuneng Technology Co Ltd is engaged in the research and development, production and sales of component-level power electronic equipment in distributed photovoltaic power generation systems.
76GF Score

Get the complete analysis for SHSE:688348

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

¥31.48
Price
¥29.50
GF Value