Guolian Minsheng Securities Co (HKSE:01456) Scaled Net Operating Assets: 0.06 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01456 Guolian Minsheng Securities Co Ltd HKSE:01456
88 GF Score
Price HK$3.77
GF Value HK$4.75
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Guolian Minsheng Securities Co Scaled Net Operating Assets?

Guolian Minsheng Securities Co HKSE:01456 -0.79% 88 Scaled Net Operating Assets is 0.06 as of Dec. 2025. GuruFocus rates HKSE:01456 with a GF Score™ of 88/100 and a GF Value™ of HK$4.75 (Modestly Undervalued). 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.

Guolian Minsheng Securities Co's operating assets for the quarter that ended in Dec. 2025 was HK$109,345 Mil. Guolian Minsheng Securities Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$95,958 Mil. Guolian Minsheng Securities Co's Total Assets for the quarter that ended in Sep. 2025 was HK$206,898 Mil. Therefore, Guolian Minsheng Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.06.


Guolian Minsheng Securities Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Guolian Minsheng Securities 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.

Guolian Minsheng Securities Co Scaled Net Operating Assets Chart

Guolian Minsheng Securities 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 -0.00 -0.01 -0.12 -0.00 0.13

Guolian Minsheng Securities Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 -0.08 -0.00 -0.21 0.34 0.07

HKSE:01456 vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Guolian Minsheng Securities 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.


Guolian Minsheng Securities Co Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guolian Minsheng Securities Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Guolian Minsheng Securities Co's Scaled Net Operating Assets falls into.


HKSE:01456
88GF Score
Guolian Minsheng Securities Co Ltd HKSE:01456
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guolian Minsheng Securities 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.

Guolian Minsheng Securities 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 )
=(109345.494-95957.796)/103786.42
=0.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=224500.335 - 115154.841
=109345.494

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=166090.874 - 24806.809 - 45326.269
=95957.796

Guolian Minsheng Securities Co'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: Sep. 2025 )
=(109345.494-95957.796)/206898.028
=0.06

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=224500.335 - 115154.841
=109345.494

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=166090.874 - 24806.809 - 45326.269
=95957.796

* 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 0.06 mean?
Guolian Minsheng Securities Co (HKSE:01456) has a Scaled Net Operating Assets of 0.06 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 Guolian Minsheng Securities Co and its competitors.
Is Guolian Minsheng Securities Co's Scaled Net Operating Assets too high?
Guolian Minsheng Securities Co's current Scaled Net Operating Assets is 0.06. Overall, Guolian Minsheng Securities Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guolian Minsheng Securities Co's Scaled Net Operating Assets compare to MS and GS?
Guolian Minsheng Securities Co's Scaled Net Operating Assets of 0.06 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Guolian Minsheng Securities Co and its competitors. Guolian Minsheng Securities Co's current Scaled Net Operating Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guolian Minsheng Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Guolian Minsheng Securities Co (HKSE:01456) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$4.75, compared to a current price of HK$3.77 — trading 20.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.06. Guolian Minsheng Securities Co's overall GF Score™ is 88/100 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 Guolian Minsheng Securities Co (HKSE:01456), the current Scaled Net Operating Assets is 0.06 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 Guolian Minsheng Securities Co (HKSE:01456) Overvalued in 2026?

Based on GuruFocus' analysis, Guolian Minsheng Securities Co stock appears to be undervalued. The current stock price of HK$3.77 is trading 20.7% below its estimated GF Value™ of HK$4.75. GuruFocus considers Guolian Minsheng Securities Co to be Modestly Undervalued.

Key valuation signals for HKSE:01456:

  • Scaled Net Operating Assets: 0.06
  • GF Value™: HK$4.75 vs. price of HK$3.77 (20.7% below fair value)
  • GF Score™: 88/100 with 8 warning signs

No single metric tells the full story. See the HKSE:01456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guolian Minsheng Securities Co Business Description

Other Exchanges 34V:Germany601456:China
Address No. 8 Jinrong One Street, Jiangsu Province, Wuxi, CHN, 214000
Guolian Minsheng Securities Co Ltd is a China-based financial institution. The company's operating segments include Brokerage and wealth management, Credit transactions, Investment banking, Proprietary trading, Asset management and investment, and Other businesses. It generates maximum revenue from the Brokerage and wealth management segment and the Proprietary trading segment. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation. The Proprietary trading segment includes trading in financial products.
88GF Score

Get the complete analysis for HKSE:01456

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

HK$3.77
Price
HK$4.75
GF Value