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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Techking Tires's operating assets for the quarter that ended in Jun. 2026 was ¥1,409 Mil. Techking Tires's operating liabilities for the quarter that ended in Jun. 2026 was ¥407 Mil. Techking Tires's Total Assets for the quarter that ended in Mar. 2026 was ¥2,280 Mil. Therefore, Techking Tires's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.44.
Techking Tires Scaled Net Operating Assets Related Terms
Techking Tires Scaled Net Operating Assets Historical Data
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The historical data trend for Techking Tires'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.
Techking Tires Scaled Net Operating Assets Chart
Techking Tires Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Scaled Net Operating Assets
0.29
0.40
0.43
0.55
Techking Tires Quarterly Data
Dec24
Mar25
Mar26
Jun26
Scaled Net Operating Assets
0.32
-
0.42
0.44
BJSE:920020 vs ORLY, AZO, GPC: Scaled Net Operating Assets Comparison
For the Auto Parts subindustry, Techking Tires'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.
Techking Tires Scaled Net Operating Assets vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Techking Tires's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Techking Tires's Scaled Net Operating Assets falls into.
* 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 0.44 mean?
Techking Tires (BJSE:920020) has a Scaled Net Operating Assets of 0.44 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Techking Tires and its competitors.
Is Techking Tires' Scaled Net Operating Assets too high?
Techking Tires' current Scaled Net Operating Assets is 0.44. Overall, Techking Tires has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Techking Tires' Scaled Net Operating Assets compare to ORLY and AZO?
Techking Tires' Scaled Net Operating Assets of 0.44 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Techking Tires and its competitors. Techking Tires's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techking Tires stock overvalued right now?
Techking Tires (BJSE:920020) has a current Scaled Net Operating Assets of 0.44. The current Scaled Net Operating Assets is 0.44. Techking Tires' overall GF Score™ is 18/100. 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 Techking Tires (BJSE:920020), the current Scaled Net Operating Assets is 0.44 as of Jun. 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.
Techking Tires Ltd is a company specializing in the design, development, sales, and service of tires for mining and construction equipment. The company offers various products and technical services, including tire manufacturing and rubber product sales. It also engages in technical consulting, development, and technology transfer, alongside import and export activities related to goods and technology. Techking serves both domestic and international markets with a focus on providing tires designed for specific applications, supported by an integrated product development system and localized marketing and service teams. The company aims to support the operational needs of the mining and construction industries by offering tailored tire solutions and related technical services.
18GF Score
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