Xinjiang Xintai Natural Gas Co (SHSE:603393) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)

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SHSE:603393 Xinjiang Xintai Natural Gas Co Ltd SHSE:603393
78 GF Score
Price ¥26.35
GF Value ¥33.79
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Xinjiang Xintai Natural Gas Co Scaled Net Operating Assets?

Xinjiang Xintai Natural Gas Co SHSE:603393 +1.46% 78 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates SHSE:603393 with a GF Score™ of 78/100 and a GF Value™ of ¥33.79 (Modestly Undervalued). The stock has 6 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.

Xinjiang Xintai Natural Gas Co's operating assets for the quarter that ended in Mar. 2026 was ¥18,220 Mil. Xinjiang Xintai Natural Gas Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥2,981 Mil. Xinjiang Xintai Natural Gas Co's Total Assets for the quarter that ended in Dec. 2025 was ¥21,748 Mil. Therefore, Xinjiang Xintai Natural Gas Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


Xinjiang Xintai Natural Gas Co Scaled Net Operating Assets Historical Data

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The historical data trend for Xinjiang Xintai Natural Gas 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.

Xinjiang Xintai Natural Gas Co Scaled Net Operating Assets Chart

Xinjiang Xintai Natural Gas 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 0.64 0.63 0.68 0.85 0.83

Xinjiang Xintai Natural Gas 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 0.85 0.72 0.72 0.70 0.70

SHSE:603393 vs ATO, NI: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Gas subindustry, Xinjiang Xintai Natural Gas 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.


Xinjiang Xintai Natural Gas Co Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Xintai Natural Gas Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Xinjiang Xintai Natural Gas Co's Scaled Net Operating Assets falls into.


SHSE:603393
78GF Score
Xinjiang Xintai Natural Gas Co Ltd SHSE:603393
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xinjiang Xintai Natural Gas 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.

Xinjiang Xintai Natural Gas 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 )
=(18462.64-3293.297)/18268.087
=0.83

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21747.529 - 3284.889
=18462.64

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10518.481 - 5832.098 - 1393.086
=3293.297

Xinjiang Xintai Natural Gas 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 )
=(18219.597-2980.687)/21747.529
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22139.961 - 3920.364
=18219.597

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10766.003 - 6119.501 - 1665.815
=2980.687

* 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 0.70 mean?
Xinjiang Xintai Natural Gas Co (SHSE:603393) has a Scaled Net Operating Assets of 0.70 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 Xinjiang Xintai Natural Gas Co and its competitors.
Is Xinjiang Xintai Natural Gas Co's Scaled Net Operating Assets too high?
Xinjiang Xintai Natural Gas Co's current Scaled Net Operating Assets is 0.70. Overall, Xinjiang Xintai Natural Gas Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Xintai Natural Gas Co's Scaled Net Operating Assets compare to ATO and NI?
Xinjiang Xintai Natural Gas Co's Scaled Net Operating Assets of 0.70 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Xinjiang Xintai Natural Gas Co and its competitors. Xinjiang Xintai Natural Gas Co's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Xintai Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Xintai Natural Gas Co (SHSE:603393) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.79, compared to a current price of ¥26.35 — trading 22% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Xinjiang Xintai Natural Gas Co's overall GF Score™ is 78/100 with 6 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 Xinjiang Xintai Natural Gas Co (SHSE:603393), the current Scaled Net Operating Assets is 0.70 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 Xinjiang Xintai Natural Gas Co (SHSE:603393) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Xintai Natural Gas Co stock appears to be undervalued. The current stock price of ¥26.35 is trading 22% below its estimated GF Value™ of ¥33.79. GuruFocus considers Xinjiang Xintai Natural Gas Co to be Modestly Undervalued.

Key valuation signals for SHSE:603393:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: ¥33.79 vs. price of ¥26.35 (22% below fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang Xintai Natural Gas Co Business Description

Address No 179 Aletai Road Zhizhusshan, Floor 1 Building 25, Urumqi High-tech Industrial Development Zone, Urumqi, CHN, 830011
Xinjiang Xintai Natural Gas Co Ltd produces and supplies natural gas and liquefied gas in China. It also provides compressed natural gas, industrial gas, urban residents use gas, commercial gas, and heating gas, as well as operates a pipeline and CNG filling station.
78GF Score

Get the complete analysis for SHSE:603393

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

¥26.35
Price
¥33.79
GF Value