Northern United Publishing & Media Group Co (SHSE:601999) Scaled Net Operating Assets: 0.39 (As of Mar. 2026)

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SHSE:601999 Northern United Publishing & Media Group Co Ltd SHSE:601999
54 GF Score
Price ¥5.72
GF Value ¥5.00
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Northern United Publishing & Media Group Co Scaled Net Operating Assets?

Northern United Publishing & Media Group Co SHSE:601999 +2.69% 54 Scaled Net Operating Assets is 0.39 as of Mar. 2026. GuruFocus rates SHSE:601999 with a GF Score™ of 54/100 and a GF Value™ of ¥5.00 (Modestly Overvalued). The stock has 5 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.

Northern United Publishing & Media Group Co's operating assets for the quarter that ended in Mar. 2026 was ¥2,810 Mil. Northern United Publishing & Media Group Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥1,236 Mil. Northern United Publishing & Media Group Co's Total Assets for the quarter that ended in Dec. 2025 was ¥4,073 Mil. Therefore, Northern United Publishing & Media Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.39.


Northern United Publishing & Media Group Co Scaled Net Operating Assets Historical Data

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The historical data trend for Northern United Publishing & Media Group 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.

Northern United Publishing & Media Group Co Scaled Net Operating Assets Chart

Northern United Publishing & Media Group 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 0.44 0.40 0.36 0.34 0.31

Northern United Publishing & Media Group 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 0.43 0.38 0.42 0.30 0.39

SHSE:601999 vs NYT, WLY: Scaled Net Operating Assets Comparison

For the Publishing subindustry, Northern United Publishing & Media Group 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.


Northern United Publishing & Media Group Co Scaled Net Operating Assets vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Northern United Publishing & Media Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Northern United Publishing & Media Group Co's Scaled Net Operating Assets falls into.


SHSE:601999
54GF Score
Northern United Publishing & Media Group Co Ltd SHSE:601999
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern United Publishing & Media Group 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.

Northern United Publishing & Media Group 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 )
=(2506.908-1230.383)/4105.237
=0.31

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4072.652 - 1565.744
=2506.908

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1380.059 - 35.835 - 113.841
=1230.383

Northern United Publishing & Media Group 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 )
=(2810.087-1236.287)/4072.652
=0.39

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4111.328 - 1301.241
=2810.087

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1412.706 - 33.707 - 142.712
=1236.287

* 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 0.39 mean?
Northern United Publishing & Media Group Co (SHSE:601999) has a Scaled Net Operating Assets of 0.39 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 Northern United Publishing & Media Group Co and its competitors.
Is Northern United Publishing & Media Group Co's Scaled Net Operating Assets too high?
Northern United Publishing & Media Group Co's current Scaled Net Operating Assets is 0.39. Overall, Northern United Publishing & Media Group Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern United Publishing & Media Group Co's Scaled Net Operating Assets compare to NYT and WLY?
Northern United Publishing & Media Group Co's Scaled Net Operating Assets of 0.39 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Scaled Net Operating Assets depends on the Media - Diversified 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 Northern United Publishing & Media Group Co and its competitors. Northern United Publishing & Media Group Co's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern United Publishing & Media Group Co stock overvalued right now?
Based on GuruFocus' analysis, Northern United Publishing & Media Group Co (SHSE:601999) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.00, compared to a current price of ¥5.72 — trading 14.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.39. Northern United Publishing & Media Group Co's overall GF Score™ is 54/100 with 5 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 Northern United Publishing & Media Group Co (SHSE:601999), the current Scaled Net Operating Assets is 0.39 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 Northern United Publishing & Media Group Co (SHSE:601999) Overvalued in 2026?

Based on GuruFocus' analysis, Northern United Publishing & Media Group Co stock appears to be overvalued. The current stock price of ¥5.72 is trading 14.4% above its estimated GF Value™ of ¥5.00. GuruFocus considers Northern United Publishing & Media Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:601999:

  • Scaled Net Operating Assets: 0.39
  • GF Value™: ¥5.00 vs. price of ¥5.72 (14.4% above fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern United Publishing & Media Group Co Business Description

Address No. 29, 11th Wei Road, Heping District, Liaoning Province, Shenyang, CHN, 110003
Northern United Publishing & Media Group Co Ltd is engaged in publishing business, publication distribution business, bill printing business and printing material supply business. Its main business covers the editing, publishing, distribution and market operation of cultural media products such as books, periodicals, electronic publications, audio-visual products, and other printed materials. The business scope also includes the purchase and sale of printing materials, copyright trade, foreign publishing, distribution, printing trade, Internet publishing, distribution, advertising, exhibitions, cultural services, domestic and foreign investment, asset management and operation.
54GF Score

Get the complete analysis for SHSE:601999

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

¥5.72
Price
¥5.00
GF Value