Zhejiang Tony Electronic Co (SHSE:603595) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)

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SHSE:603595 Zhejiang Tony Electronic Co Ltd SHSE:603595
70 GF Score
Price ¥23.70
GF Value ¥22.64
Valuation Fairly Valued
! 5 Warning Signs
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What is Zhejiang Tony Electronic Co Scaled Net Operating Assets?

Zhejiang Tony Electronic Co SHSE:603595 -8.32% 70 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates SHSE:603595 with a GF Score™ of 70/100 and a GF Value™ of ¥22.64 (Fairly Valued). 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.

Zhejiang Tony Electronic Co's operating assets for the quarter that ended in Mar. 2026 was ¥4,743 Mil. Zhejiang Tony Electronic Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥1,673 Mil. Zhejiang Tony Electronic Co's Total Assets for the quarter that ended in Dec. 2025 was ¥4,924 Mil. Therefore, Zhejiang Tony Electronic Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


Zhejiang Tony Electronic Co Scaled Net Operating Assets Historical Data

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The historical data trend for Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co Scaled Net Operating Assets Chart

Zhejiang Tony Electronic 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 0.99 1.05 0.85 0.63 0.61

Zhejiang Tony Electronic 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 0.67 0.65 0.68 0.63 0.62

SHSE:603595 vs VRT, BE: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, Zhejiang Tony Electronic 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.


Zhejiang Tony Electronic Co Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tony Electronic Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Tony Electronic Co's Scaled Net Operating Assets falls into.


SHSE:603595
70GF Score
Zhejiang Tony Electronic Co Ltd SHSE:603595
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic 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 )
=(4797.193-1678.548)/5087.788
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4923.824 - 126.631
=4797.193

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3280.507 - 242.082 - 1359.877
=1678.548

Zhejiang Tony Electronic 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 )
=(4742.834-1673.079)/4923.824
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4952.821 - 209.987
=4742.834

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3279.311 - 237.559 - 1368.673
=1673.079

* 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 0.62 mean?
Zhejiang Tony Electronic Co (SHSE:603595) has a Scaled Net Operating Assets of 0.62 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 Zhejiang Tony Electronic Co and its competitors.
Is Zhejiang Tony Electronic Co's Scaled Net Operating Assets too high?
Zhejiang Tony Electronic Co's current Scaled Net Operating Assets is 0.62. Overall, Zhejiang Tony Electronic Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tony Electronic Co's Scaled Net Operating Assets compare to VRT and BE?
Zhejiang Tony Electronic Co's Scaled Net Operating Assets of 0.62 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Zhejiang Tony Electronic Co and its competitors. Zhejiang Tony Electronic Co's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tony Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tony Electronic Co (SHSE:603595) is currently considered Fairly Valued. The stock's GF Value™ is ¥22.64, compared to a current price of ¥23.70 — trading 4.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.62. Zhejiang Tony Electronic Co's overall GF Score™ is 70/100 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 Zhejiang Tony Electronic Co (SHSE:603595), the current Scaled Net Operating Assets is 0.62 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 Zhejiang Tony Electronic Co (SHSE:603595) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Tony Electronic Co stock appears to be overvalued. The current stock price of ¥23.70 is trading 4.7% above its estimated GF Value™ of ¥22.64. GuruFocus considers Zhejiang Tony Electronic Co to be Fairly Valued.

Key valuation signals for SHSE:603595:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: ¥22.64 vs. price of ¥23.70 (4.7% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603595 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Tony Electronic Co Business Description

Address China Town Road No.88, Wuzhou District, Zhejiang Province, Huzhou City, CHN, 313008
Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.
70GF Score

Get the complete analysis for SHSE:603595

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

¥23.70
Price
¥22.64
GF Value