Anhui Yingjia Distillery Co (SHSE:603198) Scaled Net Operating Assets: 0.50 (As of Mar. 2026)

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SHSE:603198 Anhui Yingjia Distillery Co Ltd SHSE:603198
99 GF Score
Price ¥34.83
GF Value ¥47.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Anhui Yingjia Distillery Co Scaled Net Operating Assets?

Anhui Yingjia Distillery Co SHSE:603198 -0.57% 99 Scaled Net Operating Assets is 0.50 as of Mar. 2026. GuruFocus rates SHSE:603198 with a GF Score™ of 99/100 and a GF Value™ of ¥47.52 (Modestly Undervalued). 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.

Anhui Yingjia Distillery Co's operating assets for the quarter that ended in Mar. 2026 was ¥9,518 Mil. Anhui Yingjia Distillery Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥2,632 Mil. Anhui Yingjia Distillery Co's Total Assets for the quarter that ended in Dec. 2025 was ¥13,821 Mil. Therefore, Anhui Yingjia Distillery Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.50.


Anhui Yingjia Distillery Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Anhui Yingjia Distillery 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.

Anhui Yingjia Distillery Co Scaled Net Operating Assets Chart

Anhui Yingjia Distillery 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 0.42 0.47 0.52 0.53

Anhui Yingjia Distillery 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 0.50 0.52 0.57 0.55 0.50

SHSE:603198 vs BF.B: Scaled Net Operating Assets Comparison

For the Beverages - Wineries & Distilleries subindustry, Anhui Yingjia Distillery 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.


Anhui Yingjia Distillery Co Scaled Net Operating Assets vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Yingjia Distillery Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Anhui Yingjia Distillery Co's Scaled Net Operating Assets falls into.


SHSE:603198
99GF Score
Anhui Yingjia Distillery Co Ltd SHSE:603198
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Yingjia Distillery 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.

Anhui Yingjia Distillery 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 )
=(9821.754-2694.887)/13389.299
=0.53

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13821.056 - 3999.302
=9821.754

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3157.356 - 462.331 - 0.138
=2694.887

Anhui Yingjia Distillery 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 )
=(9518.427-2631.621)/13821.056
=0.50

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14629.72 - 5111.293
=9518.427

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3131.594 - 499.289 - 0.684
=2631.621

* 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 0.50 mean?
Anhui Yingjia Distillery Co (SHSE:603198) has a Scaled Net Operating Assets of 0.50 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 Anhui Yingjia Distillery Co and its competitors.
Is Anhui Yingjia Distillery Co's Scaled Net Operating Assets too high?
Anhui Yingjia Distillery Co's current Scaled Net Operating Assets is 0.50. Overall, Anhui Yingjia Distillery Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Yingjia Distillery Co's Scaled Net Operating Assets compare to BF.B?
Anhui Yingjia Distillery Co's Scaled Net Operating Assets of 0.50 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Alcoholic 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 Anhui Yingjia Distillery Co and its competitors. Anhui Yingjia Distillery Co's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Yingjia Distillery Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Yingjia Distillery Co (SHSE:603198) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥47.52, compared to a current price of ¥34.83 — trading 26.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.50. Anhui Yingjia Distillery Co's overall GF Score™ is 99/100 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 Anhui Yingjia Distillery Co (SHSE:603198), the current Scaled Net Operating Assets is 0.50 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 Anhui Yingjia Distillery Co (SHSE:603198) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Yingjia Distillery Co stock appears to be undervalued. The current stock price of ¥34.83 is trading 26.7% below its estimated GF Value™ of ¥47.52. GuruFocus considers Anhui Yingjia Distillery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603198:

  • Scaled Net Operating Assets: 0.50
  • GF Value™: ¥47.52 vs. price of ¥34.83 (26.7% below fair value)
  • GF Score™: 99/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Yingjia Distillery Co Business Description

Address Foziling Town, Huoshan County, Anhui Province, Lu\'an, CHN, 237271
Anhui Yingjia, or Yingjia, is the second-largest baijiu distiller in Anhui province by sales revenue in 2024. The company produces rich-flavored baijiu, and it is one of the well-known brands in the mainstream market in Anhui and its surrounding provinces. Its flagship product, the Dongcang Yearly series, contributed about 50%-60% of the company's sales in 2025. Yingjia is 72% held by Anhui Yingjia Group, following a management buyout in 1997, so ownership comprises mainly Yingjia's management and core employees.
99GF Score

Get the complete analysis for SHSE:603198

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

¥34.83
Price
¥47.52
GF Value