Beijing Tianyishangjia New Material (SHSE:688033) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)

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SHSE:688033 Beijing Tianyishangjia New Material Corp Ltd SHSE:688033
60 GF Score
Price ¥6.23
GF Value ¥4.57
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Beijing Tianyishangjia New Material Scaled Net Operating Assets?

Beijing Tianyishangjia New Material SHSE:688033 +1.30% 60 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates SHSE:688033 with a GF Score™ of 60/100 and a GF Value™ of ¥4.57 (Significantly 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.

Beijing Tianyishangjia New Material's operating assets for the quarter that ended in Mar. 2026 was ¥3,657.5 Mil. Beijing Tianyishangjia New Material's operating liabilities for the quarter that ended in Mar. 2026 was ¥1,337.9 Mil. Beijing Tianyishangjia New Material's Total Assets for the quarter that ended in Dec. 2025 was ¥3,926.4 Mil. Therefore, Beijing Tianyishangjia New Material's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


Beijing Tianyishangjia New Material Scaled Net Operating Assets Historical Data

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The historical data trend for Beijing Tianyishangjia New Material'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.

Beijing Tianyishangjia New Material Scaled Net Operating Assets Chart

Beijing Tianyishangjia New Material 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 0.88 1.23 0.89 0.56 0.37

Beijing Tianyishangjia New Material 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 0.73 0.73 0.70 0.40 0.59

SHSE:688033 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Beijing Tianyishangjia New Material'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.


Beijing Tianyishangjia New Material Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Beijing Tianyishangjia New Material's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Beijing Tianyishangjia New Material's Scaled Net Operating Assets falls into.


SHSE:688033
60GF Score
Beijing Tianyishangjia New Material Corp Ltd SHSE:688033
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Tianyishangjia New Material 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.

Beijing Tianyishangjia New Material'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 )
=(3716.727-1357.516)/6459.726
=0.37

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3926.377 - 209.65
=3716.727

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2466.141 - 135.706 - 972.919
=1357.516

Beijing Tianyishangjia New Material'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 )
=(3657.519-1337.906)/3926.377
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3783.769 - 126.25
=3657.519

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2410.694 - 108.984 - 963.804
=1337.906

* 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 0.59 mean?
Beijing Tianyishangjia New Material (SHSE:688033) has a Scaled Net Operating Assets of 0.59 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 Beijing Tianyishangjia New Material and its competitors.
Is Beijing Tianyishangjia New Material's Scaled Net Operating Assets too high?
Beijing Tianyishangjia New Material's current Scaled Net Operating Assets is 0.59. Overall, Beijing Tianyishangjia New Material has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tianyishangjia New Material's Scaled Net Operating Assets compare to LIN and SHW?
Beijing Tianyishangjia New Material's Scaled Net Operating Assets of 0.59 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Beijing Tianyishangjia New Material and its competitors. Beijing Tianyishangjia New Material's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tianyishangjia New Material stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tianyishangjia New Material (SHSE:688033) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.57, compared to a current price of ¥6.23 — trading 36.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. Beijing Tianyishangjia New Material's overall GF Score™ is 60/100 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 Beijing Tianyishangjia New Material (SHSE:688033), the current Scaled Net Operating Assets is 0.59 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 Beijing Tianyishangjia New Material (SHSE:688033) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Tianyishangjia New Material stock appears to be overvalued. The current stock price of ¥6.23 is trading 36.3% above its estimated GF Value™ of ¥4.57. GuruFocus considers Beijing Tianyishangjia New Material to be Significantly Overvalued.

Key valuation signals for SHSE:688033:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: ¥4.57 vs. price of ¥6.23 (36.3% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Tianyishangjia New Material Business Description

Address 500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094
Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production, and sales of powder metallurgy brakes and locomotives, urban rail brakes, and brake shoes for high-speed trains. The company's segment includes the Rail transit business division, photovoltaic new energy business division, Automotive business segment, National defense equipment business division, and Other business segments.
60GF Score

Get the complete analysis for SHSE:688033

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

¥6.23
Price
¥4.57
GF Value