SNLAF (Sino Land Co) Net-Net Working Capital: $0.59 (As of Dec. 2025)

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SNLAF Sino Land Co Ltd SNLAF
57 GF Score
Price $1.36
GF Value $0.88
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Sino Land Co Net-Net Working Capital?

Sino Land Co SNLAF 57 Net-Net Working Capital is $0.59 as of Dec. 2025. GuruFocus rates SNLAF with a GF Score™ of 57/100 and a GF Value™ of $0.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 330 Real Estate companies, Sino Land Co ranks better than 69.7% 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.

Sino Land Co's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.59.

The industry rank for Sino Land Co's Net-Net Working Capital or its related term are showing as below:

SNLAF's Price-to-Net-Net-Working-Capital is ranked better than
69.7% of 330 companies
in the Real Estate industry
Industry Median: 4.625 vs SNLAF: 2.27

Sino Land Co  (OTCPK:SNLAF) 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.


Sino Land Co Net-Net Working Capital Related Terms


Sino Land Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Sino Land Co'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.

Sino Land Co Net-Net Working Capital Chart

Sino Land Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.55 0.55 0.59 0.62

Sino Land 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-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 0.54 0.59 0.59 0.62 0.59

Sino Land Co Net-Net Working Capital Competitor Comparison

For the Real Estate - Development subindustry, Sino Land Co'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.


Sino Land Co Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino Land Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Sino Land Co's Price-to-Net-Net-Working-Capital falls into.


SNLAF
57GF Score
Sino Land Co Ltd SNLAF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sino Land Co Net-Net Working Capital Calculation

Sino Land Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6532.12+0.75 * 42.428+0.5 * 1858.675-1747.573
-0-63.706)/9150.104
=0.62

Sino Land Co'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)
=(6756.375+0.75 * 41.898+0.5 * 1679.262-2004.678
-0-59.762)/9484.494
=0.59

* 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 $0.59 mean?
Sino Land Co (SNLAF) has a Net-Net Working Capital of $0.59 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 Sino Land Co According to the industry distribution chart, Sino Land Co ranks #100 out of 330 companies in the Real Estate industry, placing it in the top 30.3%.
Is Sino Land Co's Net-Net Working Capital too high?
Sino Land Co's current Net-Net Working Capital is $0.59. The Real Estate industry median Net-Net Working Capital is 4.63. Sino Land Co's value of $0.59 is 87.2% below this industry median. Based on the distribution chart, Sino Land Co ranks #100 out of 330 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sino Land Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sino Land Co's Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, Sino Land Co ranks #100 out of 330 companies for Net-Net Working Capital. This puts Sino Land Co in the upper half of its industry. The industry median Net-Net Working Capital is 4.63. Sino Land Co's value of $0.59 is 87.2% below this benchmark. 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 4.63, based on 330 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. Sino Land Co's current Net-Net Working Capital of $0.59 is 87.2% below the industry median. 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 Sino Land Co For the Real Estate industry, the median Net-Net Working Capital is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino Land Co's current Net-Net Working Capital is $0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Land Co stock overvalued right now?
Based on GuruFocus' analysis, Sino Land Co (SNLAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.88, compared to a current price of $1.36 — trading 54.5% above its estimated fair value. The current Net-Net Working Capital is $0.59 and 87.2% below the Real Estate industry median of 4.63. Sino Land Co's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Sino Land Co (SNLAF), the current Net-Net Working Capital is $0.59 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.

Is Sino Land Co (SNLAF) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Land Co stock appears to be overvalued. The current stock price of $1.36 is trading 54.5% above its estimated GF Value™ of $0.88. GuruFocus considers Sino Land Co to be Significantly Overvalued.

Key valuation signals for SNLAF:

  • Net-Net Working Capital: $0.59
  • GF Value™: $0.88 vs. price of $1.36 (54.5% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 87.2% below the Real Estate median (#100 of 330)

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


Sino Land Co Business Description

Address Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Sino Land Co Ltd is a property developer mainly engaged in residential development in Hong Kong. The company also holds a portfolio of investment properties in the city, mostly commercial properties adjoining the housing projects it built in the past. Many of its residential projects were developed in joint ventures with government-related entities such as MTR and Urban Renewal Authority. The segments of the company are Property sales, Property rental, Property management and other services, Hotel operations, and Investments in securities and financing.
57GF Score

Get the complete analysis for SNLAF

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

$1.36
Price
$0.88
GF Value