Tian An Australia (ASX:TIA) Net-Net Working Capital: A$-1.90 (As of Dec. 2025)

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ASX:TIA Tian An Australia Ltd ASX:TIA
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What is Tian An Australia Net-Net Working Capital?

Tian An Australia ASX:TIA 29 Net-Net Working Capital is A$-1.90 as of Dec. 2025. GuruFocus rates ASX:TIA with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 328 Real Estate companies, Tian An Australia ranks worse than 304877.74% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Tian An Australia's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$-1.90.

The industry rank for Tian An Australia's Net-Net Working Capital or its related term are showing as below:

ASX:TIA's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.275
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Tian An Australia  (ASX:TIA) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Tian An Australia Net-Net Working Capital Related Terms


Tian An Australia Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Tian An Australia's Net-Net Working Capital 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.

Tian An Australia Net-Net Working Capital Chart

Tian An Australia Annual Data
Trend Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.79 -1.10 -1.39 -2.18 -1.90

Tian An Australia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital 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 -1.39 -2.07 -2.18 -1.91 -1.90

Tian An Australia Net-Net Working Capital Competitor Comparison

For the Real Estate - Development subindustry, Tian An Australia's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Tian An Australia Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tian An Australia's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Tian An Australia's Price-to-Net-Net-Working-Capital falls into.


ASX:TIA
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Tian An Australia Ltd ASX:TIA
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Tian An Australia Net-Net Working Capital Calculation

Tian An Australia's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.91+0.75 * 0.003+0.5 * 33.217-188.162
-0-0)/86.609
=-1.90

Tian An Australia's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.91+0.75 * 0.003+0.5 * 33.217-188.162
-0-0)/86.609
=-1.90

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of A$-1.90 mean?
Tian An Australia (ASX:TIA) has a Net-Net Working Capital of A$-1.90 as of Dec. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Tian An Australia According to the industry distribution chart, Tian An Australia ranks #999999 out of 328 companies in the Real Estate industry.
Is Tian An Australia's Net-Net Working Capital too high?
Tian An Australia's current Net-Net Working Capital is A$-1.90. Based on the distribution chart, Tian An Australia ranks #999999 out of 328 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tian An Australia has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Tian An Australia's Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, Tian An Australia ranks #999999 out of 328 companies for Net-Net Working Capital. This places Tian An Australia in the lower half of its industry. The industry median Net-Net Working Capital is 4.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.28, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Tian An Australia For the Real Estate industry, the median Net-Net Working Capital is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian An Australia's current Net-Net Working Capital is A$-1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian An Australia stock overvalued right now?
Tian An Australia (ASX:TIA) has a current Net-Net Working Capital of A$-1.90. The current Net-Net Working Capital is A$-1.90. Tian An Australia's overall GF Score™ is 29/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Tian An Australia (ASX:TIA), the current Net-Net Working Capital is A$-1.90 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.

Tian An Australia Business Description

Address 99 Macquarie Street, Level 6, Sydney, NSW, AUS, 2000
Tian An Australia Ltd is engaged in the development and sale of residential, land, and built-form products. The company has interests in developments on the east coast of Australia and developments in the Mandurah/Peel Region of Western Australia. The vast majority of the company's reoccurring revenue relates to the sale of developed land and completed apartments. The project portfolio of the company includes, Point Grey Peninsula, Hammond Place, The Henley, Auburn Square, Cascade Gardens and others.
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