Tianfeng Securities Co (SHSE:601162) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)

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SHSE:601162 Tianfeng Securities Co Ltd SHSE:601162
55 GF Score
Price ¥3.78
GF Value ¥3.34
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Tianfeng Securities Co Scaled Net Operating Assets?

Tianfeng Securities Co SHSE:601162 -1.82% 55 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates SHSE:601162 with a GF Score™ of 55/100 and a GF Value™ of ¥3.34 (Modestly Overvalued). 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.

Tianfeng Securities Co's operating assets for the quarter that ended in Mar. 2026 was ¥61,802 Mil. Tianfeng Securities Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥27,819 Mil. Tianfeng Securities Co's Total Assets for the quarter that ended in Dec. 2025 was ¥92,223 Mil. Therefore, Tianfeng Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.

SHSE:601162
55GF Score
Tianfeng Securities Co Ltd SHSE:601162
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianfeng Securities 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.

Tianfeng Securities 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 )
=(62394.137-23881.257)/97895.551
=0.39

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=92223.365 - 29829.228
=62394.137

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=64365.351 - 40484.094 - 0
=23881.257

Tianfeng Securities 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 )
=(61802.042-27818.678)/92223.365
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=94968.415 - 33166.373
=61802.042

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=67139.061 - 39320.383 - 0
=27818.678

* 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 0.37 mean?
Tianfeng Securities Co (SHSE:601162) has a Scaled Net Operating Assets of 0.37 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 Tianfeng Securities Co and its competitors.
Is Tianfeng Securities Co's Scaled Net Operating Assets too high?
Tianfeng Securities Co's current Scaled Net Operating Assets is 0.37. Overall, Tianfeng Securities Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianfeng Securities Co's Scaled Net Operating Assets compare to MS and GS?
Tianfeng Securities Co's Scaled Net Operating Assets of 0.37 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Tianfeng Securities Co and its competitors. Tianfeng Securities Co's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianfeng Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Tianfeng Securities Co (SHSE:601162) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.34, compared to a current price of ¥3.78 — trading 13.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.37. Tianfeng Securities Co's overall GF Score™ is 55/100 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 Tianfeng Securities Co (SHSE:601162), the current Scaled Net Operating Assets is 0.37 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 Tianfeng Securities Co (SHSE:601162) Overvalued in 2026?

Based on GuruFocus' analysis, Tianfeng Securities Co stock appears to be overvalued. The current stock price of ¥3.78 is trading 13.2% above its estimated GF Value™ of ¥3.34. GuruFocus considers Tianfeng Securities Co to be Modestly Overvalued.

Key valuation signals for SHSE:601162:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: ¥3.34 vs. price of ¥3.78 (13.2% above fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the SHSE:601162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tianfeng Securities Co Business Description

Address No. 217, Zhongbei Road, Building 2, Tianfeng Building, Wuchang District, Hubei Province, Wuhan, CHN, 430000
Tianfeng Securities Co Ltd is a China-based company engaged in securities and futures-related business. Its business scope includes securities brokerage, securities investment consulting, financial advisory services related to securities trading and securities investment activities; securities investment fund agency sales; securities underwriting and sponsorship; securities asset management, securities self-employment; margin financing, and securities lending.
55GF 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.

¥3.78
Price
¥3.34
GF Value