STG (Sunlands Technology Group) Scaled Net Operating Assets: 0.18 (As of Mar. 2026)


STG Sunlands Technology Group STG
59 GF Score
Price $4.09
GF Value $6.22
Valuation Possible Value Trap
! 2 Warning Signs
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What is Sunlands Technology Group Scaled Net Operating Assets?

Sunlands Technology Group STG 59 Scaled Net Operating Assets is 0.18 as of Mar. 2026. GuruFocus rates STG with a GF Score™ of 59/100 and a GF Value™ of $6.22 (Possible Value Trap). The stock has 2 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.

Sunlands Technology Group's operating assets for the quarter that ended in Mar. 2026 was $176.5 Mil. Sunlands Technology Group's operating liabilities for the quarter that ended in Mar. 2026 was $125.0 Mil. Sunlands Technology Group's Total Assets for the quarter that ended in Dec. 2025 was $290.7 Mil. Therefore, Sunlands Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.18.


Sunlands Technology Group Scaled Net Operating Assets Historical Data

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The historical data trend for Sunlands Technology Group'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.

Sunlands Technology Group Scaled Net Operating Assets Chart

Sunlands Technology Group 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 -0.37 -0.24 -0.14 0.00 0.13

Sunlands Technology Group 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 0.01 0.10 0.13 0.13 0.18

STG vs JDZG, SKIL, AACG: Scaled Net Operating Assets Comparison

For the Education & Training Services subindustry, Sunlands Technology Group'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.


Sunlands Technology Group Scaled Net Operating Assets vs Education Industry

For the Education industry and Consumer Defensive sector, Sunlands Technology Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sunlands Technology Group's Scaled Net Operating Assets falls into.


STG
59GF Score
Sunlands Technology Group STG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlands Technology Group 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.

Sunlands Technology Group'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 )
=(175.423-136.937)/291.341
=0.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=290.666 - 115.243
=175.423

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=156.626 - 18.396 - 1.293
=136.937

Sunlands Technology Group'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 )
=(176.541-125.013)/290.666
=0.18

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=289.954 - 113.413
=176.541

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=144.021 - 17.678 - 1.33
=125.013

* 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 0.18 mean?
Sunlands Technology Group (STG) has a Scaled Net Operating Assets of 0.18 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 Sunlands Technology Group and its competitors.
Is Sunlands Technology Group's Scaled Net Operating Assets too high?
Sunlands Technology Group's current Scaled Net Operating Assets is 0.18. Overall, Sunlands Technology Group has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sunlands Technology Group's Scaled Net Operating Assets compare to JDZG and SKIL?
Sunlands Technology Group's Scaled Net Operating Assets of 0.18 can be compared against companies in the Education 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 Education company?
A good Scaled Net Operating Assets depends on the Education 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 Sunlands Technology Group and its competitors. Sunlands Technology Group's current Scaled Net Operating Assets is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlands Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Sunlands Technology Group (STG) is currently considered Possible Value Trap. The stock's GF Value™ is $6.22, compared to a current price of $4.09 — trading 34.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.18. Sunlands Technology Group's overall GF Score™ is 59/100 with 2 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 Sunlands Technology Group (STG), the current Scaled Net Operating Assets is 0.18 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 Sunlands Technology Group (STG) Overvalued in 2026?

Based on GuruFocus' analysis, Sunlands Technology Group stock appears to be undervalued. The current stock price of $4.09 is trading 34.2% below its estimated GF Value™ of $6.22. GuruFocus considers Sunlands Technology Group to be Possible Value Trap.

Key valuation signals for STG:

  • Scaled Net Operating Assets: 0.18
  • GF Value™: $6.22 vs. price of $4.09 (34.2% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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


Sunlands Technology Group Business Description

Other Exchanges S790:Germany
Address No. 36 Chuangyuan Road, Building 6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012
Sunlands Technology Group operates in China's adult online education market and adult personal interest learning market through its online platforms. The Group has a deep understanding of the educational needs of its prospective students and offers solutions to help them achieve their goals. It provides online professional courses and educational content, including interest, professional skills, professional certification preparation courses, and degree- or diploma-oriented post-secondary courses. The Group adopts a counseling-oriented sales and marketing approach to offer education solutions based on students' backgrounds and goals, delivering adult online education and personal interest learning through extensive course and content offerings.
59GF Score

Get the complete analysis for STG

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

$4.09
Price
$6.22
GF Value