Tianjin Jinran Public Utilities Co (STU:TL6) Net Current Asset Value: €0.02 (As of Dec. 2025) — 98% Below Median

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STU:TL6 Tianjin Jinran Public Utilities Co Ltd STU:TL6
40 GF Score
Price €0.01
! 4 Warning Signs
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What is Tianjin Jinran Public Utilities Co Net Current Asset Value?

Tianjin Jinran Public Utilities Co STU:TL6 40 Net Current Asset Value is €0.02 as of Dec. 2025, which is 100% below its 10-year median of 1.14. GuruFocus rates STU:TL6 with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 93 Utilities - Regulated companies, Tianjin Jinran Public Utilities Co ranks better than 94.62% 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).

Tianjin Jinran Public Utilities Co's net current asset value per share for the quarter that ended in Dec. 2025 was €0.02.

The historical rank and industry rank for Tianjin Jinran Public Utilities Co's Net Current Asset Value or its related term are showing as below:

STU:TL6' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.6   Med: 1.14   Max: 1.53
Current: 0.6

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tianjin Jinran Public Utilities Co was 1.53. The lowest was 0.60. And the median was 1.14.

STU:TL6's Price-to-Net-Current-Asset-Value is ranked better than
94.62% of 93 companies
in the Utilities - Regulated industry
Industry Median: 4.47 vs STU:TL6: 0.60

Tianjin Jinran Public Utilities Co  (STU:TL6) 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.


Tianjin Jinran Public Utilities Co Net Current Asset Value Related Terms


Tianjin Jinran Public Utilities Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tianjin Jinran Public Utilities 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.

Tianjin Jinran Public Utilities Co Net Current Asset Value Chart

Tianjin Jinran Public Utilities 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 0.05 0.04 0.02 0.02 0.02

Tianjin Jinran Public Utilities Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.02 0.02 0.02 0.02 0.02

STU:TL6 vs ATO, NI: Net Current Asset Value Comparison

For the Utilities - Regulated Gas subindustry, Tianjin Jinran Public Utilities 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.


Tianjin Jinran Public Utilities Co Price-to-Net-Current-Asset-Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tianjin Jinran Public Utilities Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Tianjin Jinran Public Utilities Co's Price-to-Net-Current-Asset-Value falls into.


STU:TL6
40GF Score
Tianjin Jinran Public Utilities Co Ltd STU:TL6
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Jinran Public Utilities Co Net Current Asset Value Calculation

Tianjin Jinran Public Utilities 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)
=(123.088-83.66-0-0)/1839.308
=0.02

Tianjin Jinran Public Utilities Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(123.088-83.66-0-0)/1839.308
=0.02

* 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 €0.02 mean?
Tianjin Jinran Public Utilities Co (STU:TL6) has a Net Current Asset Value of €0.02 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tianjin Jinran Public Utilities Co and its competitors. This is 98% below median its historical median of 1.14. Over the past decade, Tianjin Jinran Public Utilities Co's Net Current Asset Value has ranged from 0.60 to 1.53. According to the industry distribution chart, Tianjin Jinran Public Utilities Co ranks #5 out of 93 companies in the Utilities - Regulated industry, placing it in the top 5.4%.
Is Tianjin Jinran Public Utilities Co's Net Current Asset Value too high?
Tianjin Jinran Public Utilities Co's current Net Current Asset Value of €0.02 is 98% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.53. Based on the distribution chart, Tianjin Jinran Public Utilities Co ranks #5 out of 93 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tianjin Jinran Public Utilities Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Tianjin Jinran Public Utilities Co's Net Current Asset Value compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tianjin Jinran Public Utilities Co ranks #5 out of 93 companies for Net Current Asset Value. This places Tianjin Jinran Public Utilities Co in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.47. Historically, Tianjin Jinran Public Utilities Co's own Net Current Asset Value has ranged from 0.60 to 1.53 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 an Utilities - Regulated company?
The median Net Current Asset Value among Utilities - Regulated companies is 4.47, based on 93 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 Tianjin Jinran Public Utilities Co and its competitors. For the Utilities - Regulated industry, the median Net Current Asset Value is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Jinran Public Utilities Co's current Net Current Asset Value is €0.02, which is 98% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Jinran Public Utilities Co stock overvalued right now?
Tianjin Jinran Public Utilities Co (STU:TL6) has a current Net Current Asset Value of €0.02. The current Net Current Asset Value is €0.02, which is 98% below median its 10-year median of 1.14. Tianjin Jinran Public Utilities Co's overall GF Score™ is 40/100 with 4 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 Tianjin Jinran Public Utilities Co (STU:TL6), the current Net Current Asset Value is €0.02 as of Dec. 2025. 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.

Tianjin Jinran Public Utilities Co Business Description

Other Exchanges 01265:Hong Kong
Address No. 28 Nankai Fourth Road, 5th Floor, Court A, Nankai District, Tianjin, CHN
Tianjin Jinran Public Utilities Co Ltd is engaged in the sale of piped natural gas, the sale of natural gas appliances, natural gas pipeline grid connection, and natural gas transportation via pipelines, while principal operation activities include the sale and distribution of piped gas, the lease of pipelines, the operation and management of gas pipeline infrastructure, the sale and installation of gas appliances, the lease of self-owned buildings and facilities of gas stations. The Company has the following reportable segments: (1) Sales of piped natural gas; (2) Gas connection; (3) Gas transportation; (4) Sales of gas appliances and others; (5) Gas pipeline rental. It generates majority of its revenue from the Sales of piped natural gas segment.
40GF Score

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

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