Shenzhen Tongye Technology Co (SZSE:300960) Scaled Net Operating Assets: 0.47 (As of Jun. 2026)

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SZSE:300960 Shenzhen Tongye Technology Co Ltd SZSE:300960
67 GF Score
Price ¥16.53
GF Value ¥22.60
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shenzhen Tongye Technology Co Scaled Net Operating Assets?

Shenzhen Tongye Technology Co SZSE:300960 -1.72% 67 Scaled Net Operating Assets is 0.47 as of Jun. 2026. GuruFocus rates SZSE:300960 with a GF Score™ of 67/100 and a GF Value™ of ¥22.60 (Modestly Undervalued). The stock has 7 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.

Shenzhen Tongye Technology Co's operating assets for the quarter that ended in Jun. 2026 was ¥815.3 Mil. Shenzhen Tongye Technology Co's operating liabilities for the quarter that ended in Jun. 2026 was ¥300.6 Mil. Shenzhen Tongye Technology Co's Total Assets for the quarter that ended in Mar. 2026 was ¥1,102.5 Mil. Therefore, Shenzhen Tongye Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.47.


Shenzhen Tongye Technology Co Scaled Net Operating Assets Historical Data

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The historical data trend for Shenzhen Tongye Technology 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.

Shenzhen Tongye Technology Co Scaled Net Operating Assets Chart

Shenzhen Tongye Technology 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 0.56 0.41 0.45 0.49 0.55

Shenzhen Tongye Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.51 0.54 0.53 0.48 0.47

SZSE:300960 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Shenzhen Tongye Technology 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.


Shenzhen Tongye Technology Co Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Tongye Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen Tongye Technology Co's Scaled Net Operating Assets falls into.


SZSE:300960
67GF Score
Shenzhen Tongye Technology Co Ltd SZSE:300960
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Tongye Technology 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.

Shenzhen Tongye Technology 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 )
=(853.636-320.197)/974.282
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1117.153 - 263.517
=853.636

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=469.145 - 6.097 - 142.851
=320.197

Shenzhen Tongye Technology Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(815.347-300.585)/1102.451
=0.47

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1108.67 - 293.323
=815.347

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=452.462 - 2.033 - 149.844
=300.585

* 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 0.47 mean?
Shenzhen Tongye Technology Co (SZSE:300960) has a Scaled Net Operating Assets of 0.47 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Shenzhen Tongye Technology Co and its competitors.
Is Shenzhen Tongye Technology Co's Scaled Net Operating Assets too high?
Shenzhen Tongye Technology Co's current Scaled Net Operating Assets is 0.47. Overall, Shenzhen Tongye Technology Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Tongye Technology Co's Scaled Net Operating Assets compare to GEV and ETN?
Shenzhen Tongye Technology Co's Scaled Net Operating Assets of 0.47 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 Shenzhen Tongye Technology Co and its competitors. Shenzhen Tongye Technology Co's current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Tongye Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Tongye Technology Co (SZSE:300960) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.60, compared to a current price of ¥16.53 — trading 26.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.47. Shenzhen Tongye Technology Co's overall GF Score™ is 67/100 with 7 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 Shenzhen Tongye Technology Co (SZSE:300960), the current Scaled Net Operating Assets is 0.47 as of Jun. 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 Shenzhen Tongye Technology Co (SZSE:300960) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Tongye Technology Co stock appears to be undervalued. The current stock price of ¥16.53 is trading 26.9% below its estimated GF Value™ of ¥22.60. GuruFocus considers Shenzhen Tongye Technology Co to be Modestly Undervalued.

Key valuation signals for SZSE:300960:

  • Scaled Net Operating Assets: 0.47
  • GF Value™: ¥22.60 vs. price of ¥16.53 (26.9% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the SZSE:300960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Tongye Technology Co Business Description

Address No. 1231 Guanguang Road, Guanlan Street, Room 101, Building 3, Mattel Industrial Park, Guihua Community, Longhua District, Guangdong Province, Shenzhen, CHN, 518000
Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.
67GF Score

Get the complete analysis for SZSE:300960

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

¥16.53
Price
¥22.60
GF Value