Xiamen International Airport Co (SHSE:600897) Scaled Net Operating Assets: 0.35 (As of Mar. 2026)


SHSE:600897 Xiamen International Airport Co Ltd SHSE:600897
85 GF Score
Price ¥14.58
GF Value ¥16.27
Valuation Modestly Undervalued
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What is Xiamen International Airport Co Scaled Net Operating Assets?

Xiamen International Airport Co SHSE:600897 -0.61% 85 Scaled Net Operating Assets is 0.35 as of Mar. 2026. GuruFocus rates SHSE:600897 with a GF Score™ of 85/100 and a GF Value™ of ¥16.27 (Modestly Undervalued).

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

Xiamen International Airport Co's operating assets for the quarter that ended in Mar. 2026 was ¥2,927 Mil. Xiamen International Airport Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥804 Mil. Xiamen International Airport Co's Total Assets for the quarter that ended in Dec. 2025 was ¥6,118 Mil. Therefore, Xiamen International Airport Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.35.


Xiamen International Airport Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Xiamen 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.

Xiamen International Airport Co Scaled Net Operating Assets Chart

Xiamen 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 0.53 0.51 0.44 0.36 0.29

Xiamen International Airport 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 0.34 0.29 0.29 0.28 0.35

SHSE:600897 vs JOBY, CAAP: Scaled Net Operating Assets Comparison

For the Airports & Air Services subindustry, Xiamen 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.


Xiamen International Airport Co Scaled Net Operating Assets vs Transportation Industry

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

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


SHSE:600897
85GF Score
Xiamen International Airport Co Ltd SHSE:600897
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiamen 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.

Xiamen 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 )
=(2610.037-928.087)/5759.673
=0.29

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6118.038 - 3508.001
=2610.037

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=992.324 - 0 - 64.237
=928.087

Xiamen 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 )
=(2926.87-804.205)/6118.038
=0.35

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6109.155 - 3182.285
=2926.87

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=859.637 - 0 - 55.432
=804.205

* 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 0.35 mean?
Xiamen International Airport Co (SHSE:600897) has a Scaled Net Operating Assets of 0.35 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 Xiamen International Airport Co and its competitors.
Is Xiamen International Airport Co's Scaled Net Operating Assets too high?
Xiamen International Airport Co's current Scaled Net Operating Assets is 0.35. Overall, Xiamen International Airport Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen International Airport Co's Scaled Net Operating Assets compare to JOBY and CAAP?
Xiamen International Airport Co's Scaled Net Operating Assets of 0.35 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 Xiamen International Airport Co and its competitors. Xiamen International Airport Co's current Scaled Net Operating Assets is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen International Airport Co (SHSE:600897) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.27, compared to a current price of ¥14.58 — trading 10.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.35. Xiamen International Airport Co's overall GF Score™ is 85/100. 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 Xiamen International Airport Co (SHSE:600897), the current Scaled Net Operating Assets is 0.35 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 Xiamen International Airport Co (SHSE:600897) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen International Airport Co stock appears to be undervalued. The current stock price of ¥14.58 is trading 10.4% below its estimated GF Value™ of ¥16.27. GuruFocus considers Xiamen International Airport Co to be Modestly Undervalued.

Key valuation signals for SHSE:600897:

  • Scaled Net Operating Assets: 0.35
  • GF Value™: ¥16.27 vs. price of ¥14.58 (10.4% below fair value)
  • GF Score™: 85/100

No single metric tells the full story. See the SHSE:600897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen International Airport Co Business Description

Address Xiamen Gaoqi International Airport, Fujian Province, Xiamen, CHN, 361006
Xiamen International Airport Co Ltd is principally engaged in ground services of civil and international flights and passengers. The company is also involved in commercial property leasing services, advertising, cargo station and mechanical services.
85GF 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.

¥14.58
Price
¥16.27
GF Value