Jenkem Technology Co (SHSE:688356) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)


SHSE:688356 Jenkem Technology Co Ltd SHSE:688356
79 GF Score
Price ¥77.80
GF Value ¥97.27
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Jenkem Technology Co Scaled Net Operating Assets?

Jenkem Technology Co SHSE:688356 +4.72% 79 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates SHSE:688356 with a GF Score™ of 79/100 and a GF Value™ of ¥97.27 (Modestly Undervalued). 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.

Jenkem Technology Co's operating assets for the quarter that ended in Mar. 2026 was ¥895.7 Mil. Jenkem Technology Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥75.1 Mil. Jenkem Technology Co's Total Assets for the quarter that ended in Dec. 2025 was ¥1,418.1 Mil. Therefore, Jenkem Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.

Jenkem Technology Co Scaled Net Operating Assets Historical Data

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The historical data trend for Jenkem Technology 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.

Jenkem Technology Co Scaled Net Operating Assets Chart

Jenkem Technology 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 0.49 0.62 0.59 0.54 0.58

Jenkem Technology 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 0.56 0.55 0.62 0.57 0.58

SHSE:688356 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Jenkem Technology 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.

Jenkem Technology Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jenkem Technology Co's Scaled Net Operating Assets distribution charts can be found below:

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


SHSE:688356
79GF Score
Jenkem Technology Co Ltd SHSE:688356
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Jenkem Technology 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.

Jenkem Technology 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 )
=(882.616-93.379)/1367.26
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1418.086 - 535.47
=882.616

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=100.495 - 4.416 - 2.7
=93.379

Jenkem Technology 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 )
=(895.748-75.126)/1418.086
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1420.478 - 524.73
=895.748

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81.558 - 3.59 - 2.842
=75.126

* 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 0.58 mean?
Jenkem Technology Co (SHSE:688356) has a Scaled Net Operating Assets of 0.58 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 Jenkem Technology Co and its competitors.
Is Jenkem Technology Co's Scaled Net Operating Assets too high?
Jenkem Technology Co's current Scaled Net Operating Assets is 0.58. Overall, Jenkem Technology Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jenkem Technology Co's Scaled Net Operating Assets compare to LIN and SHW?
Jenkem Technology Co's Scaled Net Operating Assets of 0.58 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Jenkem Technology Co and its competitors. Jenkem Technology Co's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jenkem Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jenkem Technology Co (SHSE:688356) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥97.27, compared to a current price of ¥77.80 — trading 20% below its estimated fair value. The current Scaled Net Operating Assets is 0.58. Jenkem Technology Co's overall GF Score™ is 79/100 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 Jenkem Technology Co (SHSE:688356), the current Scaled Net Operating Assets is 0.58 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 Jenkem Technology Co (SHSE:688356) Overvalued in 2026?

Based on GuruFocus' analysis, Jenkem Technology Co stock appears to be undervalued. The current stock price of ¥77.80 is trading 20% below its estimated GF Value™ of ¥97.27. GuruFocus considers Jenkem Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688356:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: ¥97.27 vs. price of ¥77.80 (20% below fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jenkem Technology Co Business Description

Address No. 66, Xixiaokou Road, Dongsheng area, 306, 308, 310, 311, 3rd Floor, C-1 Building, Dongsheng Science Park, Northern Territory, Zhongguancun, Haidian District, Beijing, CHN, 100192
Jenkem Technology Co Ltd is engaged in research and development, production and sales of medical polyethylene glycol and its active derivatives. The company's products include Branched polyethylene glycol derivatives; Linear polyethylene glycol derivatives; Double substituted polyethylene glycol derivatives with the same functional group; Heterofunctional double substituted polyethylene glycol derivatives; Multi-arm polyethylene glycol derivatives; Multi-arm heterofunctional double substituted polyethylene glycol derivatives; and Monodisperse Polyethylene Glycol Derivatives.
79GF Score

Get the complete analysis for SHSE:688356

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

¥77.80
Price
¥97.27
GF Value