Hebei Yichen Industrial Group (FRA:HE2) Scaled Net Operating Assets: 0.82 (As of Dec. 2025)

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FRA:HE2 Hebei Yichen Industrial Group Corp Ltd FRA:HE2
70 GF Score
Price €0.03
GF Value €0.45
Valuation Possible Value Trap
! 3 Warning Signs
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What is Hebei Yichen Industrial Group Scaled Net Operating Assets?

Hebei Yichen Industrial Group FRA:HE2 -4.17% 70 Scaled Net Operating Assets is 0.82 as of Dec. 2025. GuruFocus rates FRA:HE2 with a GF Score™ of 70/100 and a GF Value™ of €0.45 (Possible Value Trap). The stock has 3 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.

Hebei Yichen Industrial Group's operating assets for the quarter that ended in Dec. 2025 was €421.2 Mil. Hebei Yichen Industrial Group's operating liabilities for the quarter that ended in Dec. 2025 was €64.6 Mil. Hebei Yichen Industrial Group's Total Assets for the quarter that ended in Jun. 2025 was €433.9 Mil. Therefore, Hebei Yichen Industrial Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.82.


Hebei Yichen Industrial Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hebei Yichen Industrial Group'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.

Hebei Yichen Industrial Group Scaled Net Operating Assets Chart

Hebei Yichen Industrial Group 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 0.94 0.86 0.74 0.86 0.78

Hebei Yichen Industrial Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.81 0.77 0.85 0.73 0.82

FRA:HE2 vs UNP, CSX, NSC: Scaled Net Operating Assets Comparison

For the Railroads subindustry, Hebei Yichen Industrial Group'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.


Hebei Yichen Industrial Group Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's Scaled Net Operating Assets falls into.


FRA:HE2
70GF Score
Hebei Yichen Industrial Group Corp Ltd FRA:HE2
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hebei Yichen Industrial Group 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.

Hebei Yichen Industrial Group'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 )
=(421.194-64.559)/459.287
=0.78

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=462.653 - 41.459
=421.194

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=140.011 - 42.7 - 32.752
=64.559

Hebei Yichen Industrial Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(421.194-64.559)/433.856
=0.82

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=462.653 - 41.459
=421.194

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=140.011 - 42.7 - 32.752
=64.559

* 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 0.82 mean?
Hebei Yichen Industrial Group (FRA:HE2) has a Scaled Net Operating Assets of 0.82 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hebei Yichen Industrial Group and its competitors.
Is Hebei Yichen Industrial Group's Scaled Net Operating Assets too high?
Hebei Yichen Industrial Group's current Scaled Net Operating Assets is 0.82. Overall, Hebei Yichen Industrial Group has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hebei Yichen Industrial Group's Scaled Net Operating Assets compare to UNP and CSX?
Hebei Yichen Industrial Group's Scaled Net Operating Assets of 0.82 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 Hebei Yichen Industrial Group and its competitors. Hebei Yichen Industrial Group's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Yichen Industrial Group stock overvalued right now?
Based on GuruFocus' analysis, Hebei Yichen Industrial Group (FRA:HE2) is currently considered Possible Value Trap. The stock's GF Value™ is €0.45, compared to a current price of €0.03 — trading 92.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. Hebei Yichen Industrial Group's overall GF Score™ is 70/100 with 3 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 Hebei Yichen Industrial Group (FRA:HE2), the current Scaled Net Operating Assets is 0.82 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 Hebei Yichen Industrial Group (FRA:HE2) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Yichen Industrial Group stock appears to be undervalued. The current stock price of €0.03 is trading 92.3% below its estimated GF Value™ of €0.45. GuruFocus considers Hebei Yichen Industrial Group to be Possible Value Trap.

Key valuation signals for FRA:HE2:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: €0.45 vs. price of €0.03 (92.3% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the FRA:HE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hebei Yichen Industrial Group Business Description

Other Exchanges 01596:Hong Kong
Address No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN
Hebei Yichen Industrial Group Corp Ltd is engaged in research and development, manufacturing and sales of rail fastening system products, welding wire products and railway sleeper products. Its products include Spring bar IV fastening system, Spring bar V fastening system, WJ-7 fastening system, DT-VI2 fastening system, WJ-2 fastening system, Double layer non-linear shock absorber fastening system, among others. It operates in three business segments, including rail fastening system products; welding wire products; and railway sleeper products.
70GF Score

Get the complete analysis for FRA:HE2

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

€0.03
Price
€0.45
GF Value