Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Scaled Net Operating Assets: 0.22 (As of Mar. 2026)

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SHSE:688717 Solax Power Network Technology (Zhejiang) Co Ltd SHSE:688717
45 GF Score
Price ¥56.08
! 5 Warning Signs
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What is Solax Power Network Technology (Zhejiang) Co Scaled Net Operating Assets?

Solax Power Network Technology (Zhejiang) Co SHSE:688717 -6.35% 45 Scaled Net Operating Assets is 0.22 as of Mar. 2026. GuruFocus rates SHSE:688717 with a GF Score™ of 45/100. 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.

Solax Power Network Technology (Zhejiang) Co's operating assets for the quarter that ended in Mar. 2026 was ¥5,176 Mil. Solax Power Network Technology (Zhejiang) Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥3,593 Mil. Solax Power Network Technology (Zhejiang) Co's Total Assets for the quarter that ended in Dec. 2025 was ¥7,151 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.22.


Solax Power Network Technology (Zhejiang) Co Scaled Net Operating Assets Historical Data

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The historical data trend for Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co Scaled Net Operating Assets Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.00 0.70 0.42 0.24 0.23

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Dec21 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 0.24 0.27 0.23 0.19 0.22

SHSE:688717 vs FSLR, NXT, ENPH: Scaled Net Operating Assets Comparison

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's Scaled Net Operating Assets falls into.


SHSE:688717
45GF Score
Solax Power Network Technology (Zhejiang) Co Ltd SHSE:688717
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) 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 )
=(4147.678-2727.936)/6136.238
=0.23

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7151.199 - 3003.521
=4147.678

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2779.38 - 28.281 - 23.163
=2727.936

Solax Power Network Technology (Zhejiang) 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 )
=(5175.772-3593.37)/7151.199
=0.22

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8070.753 - 2894.981
=5175.772

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3637.99 - 16.646 - 27.974
=3593.37

* 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 0.22 mean?
Solax Power Network Technology (Zhejiang) Co (SHSE:688717) has a Scaled Net Operating Assets of 0.22 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 Solax Power Network Technology (Zhejiang) Co and its competitors.
Is Solax Power Network Technology (Zhejiang) Co's Scaled Net Operating Assets too high?
Solax Power Network Technology (Zhejiang) Co's current Scaled Net Operating Assets is 0.22. Overall, Solax Power Network Technology (Zhejiang) Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Solax Power Network Technology (Zhejiang) Co's Scaled Net Operating Assets compare to FSLR and NXT?
Solax Power Network Technology (Zhejiang) Co's Scaled Net Operating Assets of 0.22 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Solax Power Network Technology (Zhejiang) Co and its competitors. Solax Power Network Technology (Zhejiang) Co's current Scaled Net Operating Assets is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solax Power Network Technology (Zhejiang) Co stock overvalued right now?
Solax Power Network Technology (Zhejiang) Co (SHSE:688717) has a current Scaled Net Operating Assets of 0.22. The current Scaled Net Operating Assets is 0.22. Solax Power Network Technology (Zhejiang) Co's overall GF Score™ is 45/100 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 Solax Power Network Technology (Zhejiang) Co (SHSE:688717), the current Scaled Net Operating Assets is 0.22 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.

Solax Power Network Technology (Zhejiang) Co Business Description

Address No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.
45GF Score

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

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