WCHNF (West China Cement) Scaled Net Operating Assets: 0.71 (As of Dec. 2025)


WCHNF West China Cement Ltd WCHNF
84 GF Score
Price $0.35
GF Value $0.31
! 8 Warning Signs
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What is West China Cement Scaled Net Operating Assets?

West China Cement WCHNF 84 Scaled Net Operating Assets is 0.71 as of Dec. 2025. GuruFocus rates WCHNF with a GF Score™ of 84/100 and a GF Value™ of $0.31. The stock has 8 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.

West China Cement's operating assets for the quarter that ended in Dec. 2025 was $4,894 Mil. West China Cement's operating liabilities for the quarter that ended in Dec. 2025 was $1,339 Mil. West China Cement's Total Assets for the quarter that ended in Jun. 2025 was $4,984 Mil. Therefore, West China Cement's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.71.


West China Cement Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for West China Cement'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.

West China Cement Scaled Net Operating Assets Chart

West China Cement 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 0.94 0.74 0.77 0.72 0.71

West China Cement Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.77 0.76 0.67 0.70 0.71

WCHNF vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, West China Cement'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.


West China Cement Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, West China Cement's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where West China Cement's Scaled Net Operating Assets falls into.


WCHNF
84GF Score
West China Cement Ltd WCHNF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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West China Cement 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.

West China Cement'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 )
=(4894.039-1338.576)/4984.4
=0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5002.839 - 108.8
=4894.039

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3026.863 - 943.594 - 744.693
=1338.576

West China Cement's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(4894.039-1338.576)/4983.843
=0.71

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5002.839 - 108.8
=4894.039

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3026.863 - 943.594 - 744.693
=1338.576

* 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 0.71 mean?
West China Cement (WCHNF) has a Scaled Net Operating Assets of 0.71 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on West China Cement and its competitors.
Is West China Cement's Scaled Net Operating Assets too high?
West China Cement's current Scaled Net Operating Assets is 0.71. Overall, West China Cement has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does West China Cement's Scaled Net Operating Assets compare to CRH and VMC?
West China Cement's Scaled Net Operating Assets of 0.71 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 West China Cement and its competitors. West China Cement's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West China Cement stock overvalued right now?
West China Cement (WCHNF) has a current Scaled Net Operating Assets of 0.71. The stock's GF Value™ is $0.31, compared to a current price of $0.35 — trading 14.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.71. West China Cement's overall GF Score™ is 84/100 with 8 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 West China Cement (WCHNF), the current Scaled Net Operating Assets is 0.71 as of Dec. 2025. 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 West China Cement (WCHNF) Overvalued in 2026?

Based on GuruFocus' analysis, West China Cement stock appears to be overvalued. The current stock price of $0.35 is trading 14.4% above its estimated GF Value™ of $0.31.

Key valuation signals for WCHNF:

  • Scaled Net Operating Assets: 0.71
  • GF Value™: $0.31 vs. price of $0.35 (14.4% above fair value)
  • GF Score™: 84/100 with 8 warning signs

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


West China Cement Business Description

Other Exchanges 02233:Hong KongWFG1:Germany
Address No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN
West China Cement Ltd is engaged in the manufacturing and sales of cement and cement products in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings. It operates in two business segments: The PRC market and Overseas markets. The PRC markets generated the key revenue.
84GF Score

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

$0.35
Price
$0.31
GF Value