Shanghai New Vision Microelectronics Co (SHSE:688593) Scaled Net Operating Assets: 0.44 (As of Mar. 2026)

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SHSE:688593 Shanghai New Vision Microelectronics Co Ltd SHSE:688593
53 GF Score
Price ¥30.89
GF Value ¥22.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shanghai New Vision Microelectronics Co Scaled Net Operating Assets?

Shanghai New Vision Microelectronics Co SHSE:688593 +4.39% 53 Scaled Net Operating Assets is 0.44 as of Mar. 2026. GuruFocus rates SHSE:688593 with a GF Score™ of 53/100 and a GF Value™ of ¥22.18 (Significantly Overvalued). The stock has 5 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.

Shanghai New Vision Microelectronics Co's operating assets for the quarter that ended in Mar. 2026 was ¥949.3 Mil. Shanghai New Vision Microelectronics Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥116.8 Mil. Shanghai New Vision Microelectronics Co's Total Assets for the quarter that ended in Dec. 2025 was ¥1,874.1 Mil. Therefore, Shanghai New Vision Microelectronics Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.


Shanghai New Vision Microelectronics Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics Co Scaled Net Operating Assets Chart

Shanghai New Vision Microelectronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.12 0.66 0.80 0.42 0.47

Shanghai New Vision Microelectronics Co Quarterly Data
Dec20 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 0.39 0.35 0.41 0.46 0.44

SHSE:688593 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Shanghai New Vision Microelectronics 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.


Shanghai New Vision Microelectronics Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Shanghai New Vision Microelectronics Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai New Vision Microelectronics Co's Scaled Net Operating Assets falls into.


SHSE:688593
53GF Score
Shanghai New Vision Microelectronics Co Ltd SHSE:688593
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics 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 )
=(1007.936-164.053)/1786.891
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1874.112 - 866.176
=1007.936

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=318.505 - 34.128 - 120.324
=164.053

Shanghai New Vision Microelectronics 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 )
=(949.311-116.82)/1874.112
=0.44

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1808.997 - 859.686
=949.311

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=246.117 - 33.883 - 95.414
=116.82

* 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 0.44 mean?
Shanghai New Vision Microelectronics Co (SHSE:688593) has a Scaled Net Operating Assets of 0.44 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 Shanghai New Vision Microelectronics Co and its competitors.
Is Shanghai New Vision Microelectronics Co's Scaled Net Operating Assets too high?
Shanghai New Vision Microelectronics Co's current Scaled Net Operating Assets is 0.44. Overall, Shanghai New Vision Microelectronics Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai New Vision Microelectronics Co's Scaled Net Operating Assets compare to APH and GLW?
Shanghai New Vision Microelectronics Co's Scaled Net Operating Assets of 0.44 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 Shanghai New Vision Microelectronics Co and its competitors. Shanghai New Vision Microelectronics Co's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai New Vision Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai New Vision Microelectronics Co (SHSE:688593) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.18, compared to a current price of ¥30.89 — trading 39.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.44. Shanghai New Vision Microelectronics Co's overall GF Score™ is 53/100 with 5 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 Shanghai New Vision Microelectronics Co (SHSE:688593), the current Scaled Net Operating Assets is 0.44 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 Shanghai New Vision Microelectronics Co (SHSE:688593) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai New Vision Microelectronics Co stock appears to be overvalued. The current stock price of ¥30.89 is trading 39.3% above its estimated GF Value™ of ¥22.18. GuruFocus considers Shanghai New Vision Microelectronics Co to be Significantly Overvalued.

Key valuation signals for SHSE:688593:

  • Scaled Net Operating Assets: 0.44
  • GF Value™: ¥22.18 vs. price of ¥30.89 (39.3% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai New Vision Microelectronics Co Business Description

Address No. 10 Cangwu Road, 3rd Floor, Xuhui District, Shanghai, CHN, 200233
Shanghai New Vision Microelectronics Co Ltd is engaged in research & Development, design, and sales of display chips. The company is committed to providing new display IC products and system solutions. It has formed nearly a hundred new display IC and power supply IC products covering smart wearables, mobile phones, tablets, monitors, notebooks, TVs, etc, and has long committed to TFT-LCD, AMOLED display driver chips, and power management chips.
53GF Score

Get the complete analysis for SHSE:688593

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

¥30.89
Price
¥22.18
GF Value