Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688357 Luoyang JALON Micro-nano New Materials Co Ltd SHSE:688357
76 GF Score
Price ¥25.37
GF Value ¥38.44
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Luoyang JALON Micro-nano New Materials Co Scaled Net Operating Assets?

Luoyang JALON Micro-nano New Materials Co SHSE:688357 +1.85% 76 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates SHSE:688357 with a GF Score™ of 76/100 and a GF Value™ of ¥38.44 (Significantly Undervalued). The stock has 7 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.

Luoyang JALON Micro-nano New Materials Co's operating assets for the quarter that ended in Mar. 2026 was ¥2,300.2 Mil. Luoyang JALON Micro-nano New Materials Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥504.8 Mil. Luoyang JALON Micro-nano New Materials Co's Total Assets for the quarter that ended in Dec. 2025 was ¥3,086.3 Mil. Therefore, Luoyang JALON Micro-nano New Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.


Luoyang JALON Micro-nano New Materials Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Luoyang JALON Micro-nano New Materials 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.

Luoyang JALON Micro-nano New Materials Co Scaled Net Operating Assets Chart

Luoyang JALON Micro-nano New Materials 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 0.53 0.62 0.65 0.52 0.58

Luoyang JALON Micro-nano New Materials 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 0.55 0.54 0.55 0.57 0.58

SHSE:688357 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Luoyang JALON Micro-nano New Materials 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.


Luoyang JALON Micro-nano New Materials Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luoyang JALON Micro-nano New Materials Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Luoyang JALON Micro-nano New Materials Co's Scaled Net Operating Assets falls into.


SHSE:688357
76GF Score
Luoyang JALON Micro-nano New Materials Co Ltd SHSE:688357
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luoyang JALON Micro-nano New Materials 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.

Luoyang JALON Micro-nano New Materials 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 )
=(2212.731-506.071)/2948.138
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3086.282 - 873.551
=2212.731

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1218.619 - 681.861 - 30.687
=506.071

Luoyang JALON Micro-nano New Materials 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 )
=(2300.196-504.769)/3086.282
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3204.257 - 904.061
=2300.196

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1341.532 - 806.061 - 30.702
=504.769

* 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?
Luoyang JALON Micro-nano New Materials Co (SHSE:688357) 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 Luoyang JALON Micro-nano New Materials Co and its competitors.
Is Luoyang JALON Micro-nano New Materials Co's Scaled Net Operating Assets too high?
Luoyang JALON Micro-nano New Materials Co's current Scaled Net Operating Assets is 0.58. Overall, Luoyang JALON Micro-nano New Materials Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Luoyang JALON Micro-nano New Materials Co's Scaled Net Operating Assets compare to LIN and SHW?
Luoyang JALON Micro-nano New Materials 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 Luoyang JALON Micro-nano New Materials Co and its competitors. Luoyang JALON Micro-nano New Materials 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 Luoyang JALON Micro-nano New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Luoyang JALON Micro-nano New Materials Co (SHSE:688357) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥38.44, compared to a current price of ¥25.37 — trading 34% below its estimated fair value. The current Scaled Net Operating Assets is 0.58. Luoyang JALON Micro-nano New Materials Co's overall GF Score™ is 76/100 with 7 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 Luoyang JALON Micro-nano New Materials Co (SHSE:688357), 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 Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Overvalued in 2026?

Based on GuruFocus' analysis, Luoyang JALON Micro-nano New Materials Co stock appears to be undervalued. The current stock price of ¥25.37 is trading 34% below its estimated GF Value™ of ¥38.44. GuruFocus considers Luoyang JALON Micro-nano New Materials Co to be Significantly Undervalued.

Key valuation signals for SHSE:688357:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: ¥38.44 vs. price of ¥25.37 (34% below fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the SHSE:688357 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luoyang JALON Micro-nano New Materials Co Business Description

Address Junmin Road, Industrial Cluster District, Henan, Yanshi, CHN, 471900
Luoyang JALON Micro-nano New Materials Co Ltd is a manufacturer of Molecular Sieves, Molecular Sieve Powders and Synthetic Zeolite Powders. The company produces and sells adsorbent materials; catalytic materials; industrial sodium chloride; and chemical products. Its products are used in Hydrogen Purification, Medical & Industrial Oxygen Concentrator, Cryogenic Air Separation, Coating, Sealants, Adhesives, Natural Gas Dehydration and Sweetening, Refinery, Air Break System, Insulating Glass, Refrigerant Dehydration, and Ethanol Dehydration.
76GF Score

Get the complete analysis for SHSE:688357

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

¥25.37
Price
¥38.44
GF Value