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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.
TS Lines's operating assets for the quarter that ended in Dec. 2025 was HK$15,355 Mil. TS Lines's operating liabilities for the quarter that ended in Dec. 2025 was HK$1,467 Mil. TS Lines's Total Assets for the quarter that ended in Jun. 2025 was HK$19,726 Mil. Therefore, TS Lines's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.70.
TS Lines Scaled Net Operating Assets Related Terms
TS Lines Scaled Net Operating Assets Historical Data
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The historical data trend for TS Lines'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.
TS Lines Scaled Net Operating Assets Competitor Comparison
For the Marine Shipping subindustry, TS Lines'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.
TS Lines Scaled Net Operating Assets vs Transportation Industry
For the Transportation industry and Industrials sector, TS Lines's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where TS Lines'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 0.70 mean?
TS Lines (HKSE:02510) has a Scaled Net Operating Assets of 0.70 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 TS Lines and its competitors.
Is TS Lines' Scaled Net Operating Assets too high?
TS Lines' current Scaled Net Operating Assets is 0.70. Overall, TS Lines has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does TS Lines' Scaled Net Operating Assets compare to competitors?
TS Lines' Scaled Net Operating Assets of 0.70 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 TS Lines and its competitors. TS Lines's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TS Lines stock overvalued right now?
TS Lines (HKSE:02510) has a current Scaled Net Operating Assets of 0.70. The current Scaled Net Operating Assets is 0.70. TS Lines' overall GF Score™ is 20/100 with 8 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 TS Lines (HKSE:02510), the current Scaled Net Operating Assets is 0.70 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.
TS Lines Ltd is a container shipping company focused on the Asia region. Its fleet consists of both owned and chartered vessels, focusing on high-frequency short-haul services originating from Asia. The Group generates maximum revenue from the provision of container shipping services, and also generates some income from other related services comprising slottage revenue, demurrage, and detention income. Geographically, it generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong Special Administrative Region, Taiwan, Japan, Australia, the Philippines, Thailand, India, and other countries.
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