Beijing Capital International Airport Co (FRA:BJ1) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


FRA:BJ1 Beijing Capital International Airport Co Ltd FRA:BJ1
40 GF Score
Price €0.18
GF Value €0.39
Valuation Possible Value Trap
! 2 Warning Signs
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What is Beijing Capital International Airport Co Scaled Net Operating Assets?

Beijing Capital International Airport Co FRA:BJ1 +15.19% 40 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates FRA:BJ1 with a GF Score™ of 40/100 and a GF Value™ of €0.39 (Possible Value Trap). The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Beijing Capital International Airport Co's operating assets for the quarter that ended in Mar. 2026 was €3,480.3 Mil. Beijing Capital International Airport Co's operating liabilities for the quarter that ended in Mar. 2026 was €1,017.0 Mil. Beijing Capital International Airport Co's Total Assets for the quarter that ended in Dec. 2025 was €3,639.2 Mil. Therefore, Beijing Capital International Airport Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


Beijing Capital International Airport Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Beijing Capital International Airport Co'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.

Beijing Capital International Airport Co Scaled Net Operating Assets Chart

Beijing Capital International Airport Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.69 0.69 0.74 0.68

Beijing Capital International Airport Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.74 0.69 0.63 0.74 0.68

FRA:BJ1 vs JOBY, CAAP: Scaled Net Operating Assets Comparison

For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.


Beijing Capital International Airport Co Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's Scaled Net Operating Assets falls into.


FRA:BJ1
40GF Score
Beijing Capital International Airport Co Ltd FRA:BJ1
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Capital International Airport Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Beijing Capital International Airport Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3413.117-687.259)/4023.647
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3639.163 - 226.046
=3413.117

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2080.085 - 208.108 - 1184.718
=687.259

Beijing Capital International Airport Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3480.25-1016.97)/3639.163
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3755.13 - 274.88
=3480.25

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2140.187 - 211.715 - 911.502
=1016.97

* 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 0.68 mean?
Beijing Capital International Airport Co (FRA:BJ1) has a Scaled Net Operating Assets of 0.68 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Beijing Capital International Airport Co and its competitors.
Is Beijing Capital International Airport Co's Scaled Net Operating Assets too high?
Beijing Capital International Airport Co's current Scaled Net Operating Assets is 0.68. Overall, Beijing Capital International Airport Co has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Capital International Airport Co's Scaled Net Operating Assets compare to JOBY and CAAP?
Beijing Capital International Airport Co's Scaled Net Operating Assets of 0.68 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Beijing Capital International Airport Co and its competitors. Beijing Capital International Airport Co's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Capital International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Capital International Airport Co (FRA:BJ1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.39, compared to a current price of €0.18 — trading 53.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. Beijing Capital International Airport Co's overall GF Score™ is 40/100 with 2 warning signs to review. 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 Beijing Capital International Airport Co (FRA:BJ1), the current Scaled Net Operating Assets is 0.68 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 Beijing Capital International Airport Co (FRA:BJ1) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Capital International Airport Co stock appears to be undervalued. The current stock price of €0.18 is trading 53.3% below its estimated GF Value™ of €0.39. GuruFocus considers Beijing Capital International Airport Co to be Possible Value Trap.

Key valuation signals for FRA:BJ1:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: €0.39 vs. price of €0.18 (53.3% below fair value)
  • GF Score™: 40/100 with 2 warning signs

No single metric tells the full story. See the FRA:BJ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Capital International Airport Co Business Description

Address 979 King’s Road, 37th Floor, One Taikoo Place, Quarry Bay, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is principally engaged in the ownership and operation of Beijing Capital Airport and the provision of related services. The company manages both aeronautical and non-aeronautical businesses at the airport. Its aeronautical business includes aircraft landing and take-off services, passenger service facilities, ground support, and firefighting services for domestic and international airlines. Its non-aeronautical business mainly involves granting concessions for services such as ground handling, in-flight catering, duty-free and retail shops, restaurants, VIP services, and advertising spaces within the terminals. It also generates revenue through leasing terminal properties and providing car parking services.
40GF Score

Get the complete analysis for FRA:BJ1

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

€0.18
Price
€0.39
GF Value