Yutong Bus Co (SHSE:600066) Scaled Net Operating Assets: 0.12 (As of Mar. 2026)


SHSE:600066 Yutong Bus Co Ltd SHSE:600066
95 GF Score
Price ¥28.90
GF Value ¥30.76
Valuation Fairly Valued
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What is Yutong Bus Co Scaled Net Operating Assets?

Yutong Bus Co SHSE:600066 +5.05% 95 Scaled Net Operating Assets is 0.12 as of Mar. 2026. GuruFocus rates SHSE:600066 with a GF Score™ of 95/100 and a GF Value™ of ¥30.76 (Fairly Valued).

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

Yutong Bus Co's operating assets for the quarter that ended in Mar. 2026 was ¥21,174 Mil. Yutong Bus Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥17,205 Mil. Yutong Bus Co's Total Assets for the quarter that ended in Dec. 2025 was ¥32,990 Mil. Therefore, Yutong Bus Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.12.


Yutong Bus Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Yutong Bus 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.

Yutong Bus Co Scaled Net Operating Assets Chart

Yutong Bus 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 0.28 0.24 0.25 0.14 0.20

Yutong Bus Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.10 0.12 0.18 0.21 0.12

SHSE:600066 vs CAT, DE, PCAR: Scaled Net Operating Assets Comparison

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.


Yutong Bus Co Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Yutong Bus Co's Scaled Net Operating Assets falls into.


SHSE:600066
95GF Score
Yutong Bus Co Ltd SHSE:600066
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Yutong Bus 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.

Yutong Bus 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 )
=(23500.781-16971.5)/32150.894
=0.20

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32990.246 - 9489.465
=23500.781

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17145.941 - 131.503 - 42.938
=16971.5

Yutong Bus 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 )
=(21173.549-17205.182)/32990.246
=0.12

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33849.053 - 12675.504
=21173.549

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17373.44 - 126.554 - 41.704
=17205.182

* 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 0.12 mean?
Yutong Bus Co (SHSE:600066) has a Scaled Net Operating Assets of 0.12 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 Yutong Bus Co and its competitors.
Is Yutong Bus Co's Scaled Net Operating Assets too high?
Yutong Bus Co's current Scaled Net Operating Assets is 0.12. Overall, Yutong Bus Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yutong Bus Co's Scaled Net Operating Assets compare to CAT and DE?
Yutong Bus Co's Scaled Net Operating Assets of 0.12 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 Yutong Bus Co and its competitors. Yutong Bus Co's current Scaled Net Operating Assets is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Bus Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Bus Co (SHSE:600066) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.76, compared to a current price of ¥28.90 — trading 6% below its estimated fair value. The current Scaled Net Operating Assets is 0.12. Yutong Bus Co's overall GF Score™ is 95/100. 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 Yutong Bus Co (SHSE:600066), the current Scaled Net Operating Assets is 0.12 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 Yutong Bus Co (SHSE:600066) Overvalued in 2026?

Based on GuruFocus' analysis, Yutong Bus Co stock appears to be undervalued. The current stock price of ¥28.90 is trading 6% below its estimated GF Value™ of ¥30.76. GuruFocus considers Yutong Bus Co to be Fairly Valued.

Key valuation signals for SHSE:600066:

  • Scaled Net Operating Assets: 0.12
  • GF Value™: ¥30.76 vs. price of ¥28.90 (6% below fair value)
  • GF Score™: 95/100

No single metric tells the full story. See the SHSE:600066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yutong Bus Co Business Description

Address No. 6, Yutong Road, Guancheng Hui District, Henan Province, Zhengzhou, CHN, 450061
Yutong Bus Co Ltd engages in the manufacture and sale of buses and related products. The company operates its business through four main segments. The Bus Manufacturing segment focuses on producing and selling large, medium, and light buses, which include passenger buses, city buses, school buses, and various types of new energy vehicles such as pure electric, plug-in hybrid, and fuel cell models. The Foreign Trade segment handles both domestic and international sales and distribution of buses and new energy vehicles. The Passenger Transportation segment covers services such as group rentals, short-distance and highway travel, tourism transport, bus operations, employee commuting, and school transportation. The Other segment is responsible for providing after-sales support and services.
95GF Score

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

¥28.90
Price
¥30.76
GF Value