BRSGF (Queen's Road Capital Investment) Scaled Net Operating Assets: 1.31 (As of Feb. 2026)


BRSGF Queen's Road Capital Investment Ltd BRSGF
60 GF Score
Price $9.76
GF Value $9.45
Valuation Fairly Valued
! 6 Warning Signs
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What is Queen's Road Capital Investment Scaled Net Operating Assets?

Queen's Road Capital Investment BRSGF 60 Scaled Net Operating Assets is 1.31 as of Feb. 2026. GuruFocus rates BRSGF with a GF Score™ of 60/100 and a GF Value™ of $9.45 (Fairly Valued). The stock has 6 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.

Queen's Road Capital Investment's operating assets for the quarter that ended in Feb. 2026 was $634.49 Mil. Queen's Road Capital Investment's operating liabilities for the quarter that ended in Feb. 2026 was $0.76 Mil. Queen's Road Capital Investment's Total Assets for the quarter that ended in Nov. 2025 was $485.45 Mil. Therefore, Queen's Road Capital Investment's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 1.31.


Queen's Road Capital Investment Scaled Net Operating Assets Historical Data

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The historical data trend for Queen's Road Capital Investment'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.

Queen's Road Capital Investment Scaled Net Operating Assets Chart

Queen's Road Capital Investment Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.32 0.95 1.18 1.43

Queen's Road Capital Investment Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.80 1.11 1.26 1.16 1.31

BRSGF vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Queen's Road Capital Investment'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.


Queen's Road Capital Investment Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Queen's Road Capital Investment's Scaled Net Operating Assets falls into.


BRSGF
60GF Score
Queen's Road Capital Investment Ltd BRSGF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Queen's Road Capital Investment 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.

Queen's Road Capital Investment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(406.556-1.143)/282.856
=1.43

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=409.632 - 3.076
=406.556

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.721 - 0.299 - 29.279
=1.143

Queen's Road Capital Investment's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(634.493-0.763)/485.449
=1.31

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=635.768 - 1.275
=634.493

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53.782 - 0.207 - 52.812
=0.763

* 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 1.31 mean?
Queen's Road Capital Investment (BRSGF) has a Scaled Net Operating Assets of 1.31 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Queen's Road Capital Investment and its competitors.
Is Queen's Road Capital Investment's Scaled Net Operating Assets too high?
Queen's Road Capital Investment's current Scaled Net Operating Assets is 1.31. Overall, Queen's Road Capital Investment has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Queen's Road Capital Investment's Scaled Net Operating Assets compare to BLK and BX?
Queen's Road Capital Investment's Scaled Net Operating Assets of 1.31 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Queen's Road Capital Investment and its competitors. Queen's Road Capital Investment's current Scaled Net Operating Assets is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Queen's Road Capital Investment stock overvalued right now?
Based on GuruFocus' analysis, Queen's Road Capital Investment (BRSGF) is currently considered Fairly Valued. The stock's GF Value™ is $9.45, compared to a current price of $9.76 — trading 3.3% above its estimated fair value. The current Scaled Net Operating Assets is 1.31. Queen's Road Capital Investment's overall GF Score™ is 60/100 with 6 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 Queen's Road Capital Investment (BRSGF), the current Scaled Net Operating Assets is 1.31 as of Feb. 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 Queen's Road Capital Investment (BRSGF) Overvalued in 2026?

Based on GuruFocus' analysis, Queen's Road Capital Investment stock appears to be overvalued. The current stock price of $9.76 is trading 3.3% above its estimated GF Value™ of $9.45. GuruFocus considers Queen's Road Capital Investment to be Fairly Valued.

Key valuation signals for BRSGF:

  • Scaled Net Operating Assets: 1.31
  • GF Value™: $9.45 vs. price of $9.76 (3.3% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Queen's Road Capital Investment Business Description

Other Exchanges 47U0:GermanyQRC:Canada
Address 2 Queen\'s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.
60GF 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.

$9.76
Price
$9.45
GF Value