Techstorm Advanced Material (SHSE:601026) Scaled Net Operating Assets: 0.53 (As of Mar. 2026)

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SHSE:601026 Techstorm Advanced Material Corp Ltd SHSE:601026
30 GF Score
Price ¥15.40
! 3 Warning Signs
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What is Techstorm Advanced Material Scaled Net Operating Assets?

Techstorm Advanced Material SHSE:601026 +6.35% 30 Scaled Net Operating Assets is 0.53 as of Mar. 2026. GuruFocus rates SHSE:601026 with a GF Score™ of 30/100. The stock has 3 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.

Techstorm Advanced Material's operating assets for the quarter that ended in Mar. 2026 was ¥3,183 Mil. Techstorm Advanced Material's operating liabilities for the quarter that ended in Mar. 2026 was ¥981 Mil. Techstorm Advanced Material's Total Assets for the quarter that ended in Dec. 2025 was ¥4,148 Mil. Therefore, Techstorm Advanced Material's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.


Techstorm Advanced Material Scaled Net Operating Assets Historical Data

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The historical data trend for Techstorm Advanced Material'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.

Techstorm Advanced Material Scaled Net Operating Assets Chart

Techstorm Advanced Material Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.26 0.51 0.47 0.46 0.47

Techstorm Advanced Material Quarterly Data
Dec20 Dec21 Dec22 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 0.48 0.51 0.58 0.48 0.53

SHSE:601026 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Techstorm Advanced Material'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.


Techstorm Advanced Material Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Techstorm Advanced Material's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Techstorm Advanced Material's Scaled Net Operating Assets falls into.


SHSE:601026
30GF Score
Techstorm Advanced Material Corp Ltd SHSE:601026
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Techstorm Advanced Material 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.

Techstorm Advanced Material'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 )
=(2794.808-954.369)/3878.89
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4147.627 - 1352.819
=2794.808

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1521.59 - 329.765 - 237.456
=954.369

Techstorm Advanced Material'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 )
=(3182.873-980.937)/4147.627
=0.53

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4191.328 - 1008.455
=3182.873

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1533.939 - 318.056 - 234.946
=980.937

* 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 0.53 mean?
Techstorm Advanced Material (SHSE:601026) has a Scaled Net Operating Assets of 0.53 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 Techstorm Advanced Material and its competitors.
Is Techstorm Advanced Material's Scaled Net Operating Assets too high?
Techstorm Advanced Material's current Scaled Net Operating Assets is 0.53. Overall, Techstorm Advanced Material has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Techstorm Advanced Material's Scaled Net Operating Assets compare to LIN and SHW?
Techstorm Advanced Material's Scaled Net Operating Assets of 0.53 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Techstorm Advanced Material and its competitors. Techstorm Advanced Material's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstorm Advanced Material stock overvalued right now?
Techstorm Advanced Material (SHSE:601026) has a current Scaled Net Operating Assets of 0.53. The current Scaled Net Operating Assets is 0.53. Techstorm Advanced Material's overall GF Score™ is 30/100 with 3 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 Techstorm Advanced Material (SHSE:601026), the current Scaled Net Operating Assets is 0.53 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.

Techstorm Advanced Material Business Description

Address No.308 Pingda Road, Lin-Gang Special Area of China, Pilot Free Trade Zone, Shanghai, CHN
Techstorm Advanced Material Corp Ltd is engaged in the manufacturing and development of chemical products related to: Wind Energy, Composites, Automotive, Electric, and Photovoltaic. Its products are Adhesives (Onshore, Offshore), Various auxiliary adhesive systems, Gas cylinder wound resin, Cable mandrel pultrusion resin, Silicone sealant for solar photovoltaic modules, and Others.
30GF Score

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