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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Luster LightTech Co's operating assets for the quarter that ended in Mar. 2026 was ¥5,968 Mil. Luster LightTech Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥1,421 Mil. Luster LightTech Co's Total Assets for the quarter that ended in Dec. 2025 was ¥6,229 Mil. Therefore, Luster LightTech Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.
Luster LightTech Co Scaled Net Operating Assets Related Terms
Luster LightTech Co Scaled Net Operating Assets Historical Data
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The historical data trend for Luster LightTech 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.
Luster LightTech Co Scaled Net Operating Assets Chart
SHSE:688400 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison
For the Specialty Industrial Machinery subindustry, Luster LightTech 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.
Luster LightTech Co Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Luster LightTech Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Luster LightTech Co's Scaled Net Operating Assets falls into.
* 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 0.73 mean?
Luster LightTech Co (SHSE:688400) has a Scaled Net Operating Assets of 0.73 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 Luster LightTech Co and its competitors.
Is Luster LightTech Co's Scaled Net Operating Assets too high?
Luster LightTech Co's current Scaled Net Operating Assets is 0.73. Overall, Luster LightTech Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luster LightTech Co's Scaled Net Operating Assets compare to GEV and ETN?
Luster LightTech Co's Scaled Net Operating Assets of 0.73 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 Luster LightTech Co and its competitors. Luster LightTech Co's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luster LightTech Co stock overvalued right now?
Based on GuruFocus' analysis, Luster LightTech Co (SHSE:688400) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥36.09, compared to a current price of ¥41.91 — trading 16.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Luster LightTech Co's overall GF Score™ is 83/100 with 6 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 Luster LightTech Co (SHSE:688400), the current Scaled Net Operating Assets is 0.73 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 Luster LightTech Co (SHSE:688400) Overvalued in 2026?
Based on GuruFocus' analysis, Luster LightTech Co stock appears to be overvalued.
The current stock price of ¥41.91 is trading 16.1% above its estimated GF Value™ of ¥36.09.
GuruFocus considers Luster LightTech Co to be Modestly Overvalued.
Key valuation signals for SHSE:688400:
Scaled Net Operating Assets: 0.73
GF Value™: ¥36.09 vs. price of ¥41.91 (16.1% above fair value)
No single metric tells the full story. See the SHSE:688400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luster LightTech Co Ltd is based on optical technology innovation, and develops business around machine vision and fiber optics. The company has four product lines: intelligent equipment and smart factories, serving multiple fields such as consumer electronics, new energy, printing and packaging, and new display.
83GF Score
Get the complete analysis for SHSE:688400
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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