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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.
Tian Lun Gas Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$15,619 Mil. Tian Lun Gas Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$2,629 Mil. Tian Lun Gas Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$17,698 Mil. Therefore, Tian Lun Gas Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.
Tian Lun Gas Holdings Scaled Net Operating Assets Related Terms
Tian Lun Gas Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for Tian Lun Gas Holdings'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.
Tian Lun Gas Holdings Scaled Net Operating Assets Chart
HKSE:01600 vs ATO, NI: Scaled Net Operating Assets Comparison
For the Utilities - Regulated Gas subindustry, Tian Lun Gas Holdings'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.
Tian Lun Gas Holdings Scaled Net Operating Assets vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tian Lun Gas Holdings'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 0.73 mean?
Tian Lun Gas Holdings (HKSE:01600) has a Scaled Net Operating Assets of 0.73 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 Tian Lun Gas Holdings and its competitors.
Is Tian Lun Gas Holdings' Scaled Net Operating Assets too high?
Tian Lun Gas Holdings' current Scaled Net Operating Assets is 0.73. Overall, Tian Lun Gas Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tian Lun Gas Holdings' Scaled Net Operating Assets compare to ATO and NI?
Tian Lun Gas Holdings' Scaled Net Operating Assets of 0.73 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Tian Lun Gas Holdings and its competitors. Tian Lun Gas Holdings's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Lun Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Lun Gas Holdings (HKSE:01600) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.92, compared to a current price of HK$2.65 — trading 32.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Tian Lun Gas Holdings' overall GF Score™ is 71/100 with 4 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 Tian Lun Gas Holdings (HKSE:01600), the current Scaled Net Operating Assets is 0.73 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 Tian Lun Gas Holdings (HKSE:01600) Overvalued in 2026?
Based on GuruFocus' analysis, Tian Lun Gas Holdings stock appears to be undervalued.
The current stock price of HK$2.65 is trading 32.5% below its estimated GF Value™ of HK$3.92.
GuruFocus considers Tian Lun Gas Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01600:
Scaled Net Operating Assets: 0.73
GF Value™: HK$3.92 vs. price of HK$2.65 (32.5% below fair value)
No single metric tells the full story. See the HKSE:01600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are the sale of natural gas in cylinders, sale of natural gas in bulk, engineering construction services, and other segments. The company derives the majority of its revenue from the sale of natural gas.
71GF Score
Get the complete analysis for HKSE:01600
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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