Yueyang Forest & Paper Co (SHSE:600963) Scaled Net Operating Assets: 0.69 (As of Mar. 2026)

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SHSE:600963 Yueyang Forest & Paper Co Ltd SHSE:600963
54 GF Score
Price ¥3.16
GF Value ¥5.10
Valuation Possible Value Trap
! 8 Warning Signs
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What is Yueyang Forest & Paper Co Scaled Net Operating Assets?

Yueyang Forest & Paper Co SHSE:600963 -3.36% 54 Scaled Net Operating Assets is 0.69 as of Mar. 2026. GuruFocus rates SHSE:600963 with a GF Score™ of 54/100 and a GF Value™ of ¥5.10 (Possible Value Trap). The stock has 8 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.

Yueyang Forest & Paper Co's operating assets for the quarter that ended in Mar. 2026 was ¥19,753 Mil. Yueyang Forest & Paper Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥5,575 Mil. Yueyang Forest & Paper Co's Total Assets for the quarter that ended in Dec. 2025 was ¥20,535 Mil. Therefore, Yueyang Forest & Paper Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.


Yueyang Forest & Paper Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Yueyang Forest & Paper 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.

Yueyang Forest & Paper Co Scaled Net Operating Assets Chart

Yueyang Forest & Paper 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 0.79 0.78 0.86 0.73 0.69

Yueyang Forest & Paper 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 0.73 0.75 0.72 0.69 0.69

Yueyang Forest & Paper Co Scaled Net Operating Assets Competitor Comparison

For the Paper & Paper Products subindustry, Yueyang Forest & Paper 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.


Yueyang Forest & Paper Co Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Yueyang Forest & Paper Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Yueyang Forest & Paper Co's Scaled Net Operating Assets falls into.


SHSE:600963
54GF Score
Yueyang Forest & Paper Co Ltd SHSE:600963
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Yueyang Forest & Paper 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.

Yueyang Forest & Paper 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 )
=(19485.98-5310.333)/20414.592
=0.69

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20535.218 - 1049.238
=19485.98

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12923.127 - 2855.328 - 4757.466
=5310.333

Yueyang Forest & Paper 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 )
=(19753.275-5575.027)/20535.218
=0.69

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20372.745 - 619.47
=19753.275

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12767.831 - 2831.379 - 4361.425
=5575.027

* 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 0.69 mean?
Yueyang Forest & Paper Co (SHSE:600963) has a Scaled Net Operating Assets of 0.69 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 Yueyang Forest & Paper Co and its competitors.
Is Yueyang Forest & Paper Co's Scaled Net Operating Assets too high?
Yueyang Forest & Paper Co's current Scaled Net Operating Assets is 0.69. Overall, Yueyang Forest & Paper Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yueyang Forest & Paper Co's Scaled Net Operating Assets compare to competitors?
Yueyang Forest & Paper Co's Scaled Net Operating Assets of 0.69 can be compared against companies in the Forest Products 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 Forest Products company?
A good Scaled Net Operating Assets depends on the Forest Products 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 Yueyang Forest & Paper Co and its competitors. Yueyang Forest & Paper Co's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yueyang Forest & Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Yueyang Forest & Paper Co (SHSE:600963) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.10, compared to a current price of ¥3.16 — trading 38% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Yueyang Forest & Paper Co's overall GF Score™ is 54/100 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 Yueyang Forest & Paper Co (SHSE:600963), the current Scaled Net Operating Assets is 0.69 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 Yueyang Forest & Paper Co (SHSE:600963) Overvalued in 2026?

Based on GuruFocus' analysis, Yueyang Forest & Paper Co stock appears to be undervalued. The current stock price of ¥3.16 is trading 38% below its estimated GF Value™ of ¥5.10. GuruFocus considers Yueyang Forest & Paper Co to be Possible Value Trap.

Key valuation signals for SHSE:600963:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: ¥5.10 vs. price of ¥3.16 (38% below fair value)
  • GF Score™: 54/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yueyang Forest & Paper Co Business Description

Address Hongjiazhou, Chenglingji, Yueyang, Hunan, CHN, 414002
Yueyang Forest & Paper Co Ltd is a China-based cultural paper, industrial paper, packaging paper production enterprise. The company's products are offset printing paper, digital printing paper, copy paper, refined lightweight coated paper, lightweight coated paper, light offset paper, industrial base paper, refined kraft paper, stretch paper bag paper and others. The products are offered to publishers, magazines, large printing plants, paper products processing companies, paper products dealers and others. The company's product enjoys a high reputation in China and its products are exported to many countries and regions.
54GF Score

Get the complete analysis for SHSE:600963

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

¥3.16
Price
¥5.10
GF Value