Shanghai Yatong Co (SHSE:600692) Net Current Asset Value: ¥0.20 (As of Mar. 2026) — 98% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600692 Shanghai Yatong Co Ltd SHSE:600692
52 GF Score
Price ¥5.15
GF Value ¥8.93
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shanghai Yatong Co Net Current Asset Value?

Shanghai Yatong Co SHSE:600692 -3.92% 52 Net Current Asset Value is ¥0.20 as of Mar. 2026, which is 100% below its 10-year median of 9.14. GuruFocus rates SHSE:600692 with a GF Score™ of 52/100 and a GF Value™ of ¥8.93 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 361 Transportation companies, Shanghai Yatong Co ranks worse than 89.2% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Shanghai Yatong Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥0.20.

The historical rank and industry rank for Shanghai Yatong Co's Net Current Asset Value or its related term are showing as below:

SHSE:600692' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.87   Med: 9.14   Max: 42.25
Current: 25.75

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shanghai Yatong Co was 42.25. The lowest was 5.87. And the median was 9.14.

SHSE:600692's Price-to-Net-Current-Asset-Value is ranked worse than
89.2% of 361 companies
in the Transportation industry
Industry Median: 4 vs SHSE:600692: 25.75

Shanghai Yatong Co  (SHSE:600692) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Shanghai Yatong Co Net Current Asset Value Related Terms


Shanghai Yatong Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Shanghai Yatong Co's Net Current Asset Value 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 Yatong Co Net Current Asset Value Chart

Shanghai Yatong Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.80 0.71 0.55 0.25

Shanghai Yatong Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value 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 0.49 0.39 0.30 0.25 0.20

Shanghai Yatong Co Net Current Asset Value Competitor Comparison

For the Marine Shipping subindustry, Shanghai Yatong Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Yatong Co Price-to-Net-Current-Asset-Value vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Yatong Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Shanghai Yatong Co's Price-to-Net-Current-Asset-Value falls into.


SHSE:600692
52GF Score
Shanghai Yatong Co Ltd SHSE:600692
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Yatong Co Net Current Asset Value Calculation

Shanghai Yatong Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4550.238-3946.71-514.07-0)/351.764
=0.25

Shanghai Yatong Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3864.98-3514.824-279.261-0)/351.764
=0.20

* 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 Net Current Asset Value of ¥0.20 mean?
Shanghai Yatong Co (SHSE:600692) has a Net Current Asset Value of ¥0.20 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Shanghai Yatong Co and its competitors. This is 98% below median its historical median of 9.14. Over the past decade, Shanghai Yatong Co's Net Current Asset Value has ranged from 5.87 to 42.25. According to the industry distribution chart, Shanghai Yatong Co ranks #322 out of 361 companies in the Transportation industry, placing it in the top 89.2%.
Is Shanghai Yatong Co's Net Current Asset Value too high?
Shanghai Yatong Co's current Net Current Asset Value of ¥0.20 is 98% below median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 5.87 to a high of 42.25. Based on the distribution chart, Shanghai Yatong Co ranks #322 out of 361 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Shanghai Yatong Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yatong Co's Net Current Asset Value compare to competitors?
According to the Transportation industry distribution chart, Shanghai Yatong Co ranks #322 out of 361 companies for Net Current Asset Value. This places Shanghai Yatong Co in the lower half of its industry. The industry median Net Current Asset Value is 4.00. Historically, Shanghai Yatong Co's own Net Current Asset Value has ranged from 5.87 to 42.25 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Transportation company?
The median Net Current Asset Value among Transportation companies is 4.00, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Shanghai Yatong Co and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yatong Co's current Net Current Asset Value is ¥0.20, which is 98% below median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yatong Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yatong Co (SHSE:600692) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.93, compared to a current price of ¥5.15 — trading 42.3% below its estimated fair value. The current Net Current Asset Value is ¥0.20, which is 98% below median its 10-year median of 9.14. Shanghai Yatong Co's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Shanghai Yatong Co (SHSE:600692), the current Net Current Asset Value is ¥0.20 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 Yatong Co (SHSE:600692) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Yatong Co stock appears to be undervalued. The current stock price of ¥5.15 is trading 42.3% below its estimated GF Value™ of ¥8.93. GuruFocus considers Shanghai Yatong Co to be Possible Value Trap.

Key valuation signals for SHSE:600692:

  • Net Current Asset Value: ¥0.20 (98% below median its 10-year median of 9.14)
  • GF Value™: ¥8.93 vs. price of ¥5.15 (42.3% below fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Yatong Co Business Description

Address No. 1, Lane 780, Lvhai Road, Chengqiao Town, Chongming District, Shanghai, CHN, 202155
Shanghai Yatong Co Ltd is engaged in real estate development, communication network construction and maintenance, steel trade, concrete production and sales, and the construction and operation of photovoltaic power stations. Its real estate business focuses on commercial and affordable housing, with all commercial projects located in the Chongming District. The communication engineering segment serves telecom and tower companies. The steel trade follows an order-based purchase and sales model. The new energy segment focuses on building and operating solar and wind power stations. The company generates key revenue from the commodity sales such as steel and concrete.
52GF Score

Get the complete analysis for SHSE:600692

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

¥5.15
Price
¥8.93
GF Value