QKLS (QKL Stores) Scaled Net Operating Assets: 0.34 (As of Dec. 2015)


What is QKL Stores Scaled Net Operating Assets?

QKL Stores QKLS Scaled Net Operating Assets is 0.34 as of Dec. 2015.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

QKL Stores's operating assets for the quarter that ended in Dec. 2015 was $133.8 Mil. QKL Stores's operating liabilities for the quarter that ended in Dec. 2015 was $79.2 Mil. QKL Stores's Total Assets for the quarter that ended in Sep. 2015 was $160.3 Mil. Therefore, QKL Stores's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2015 was 0.34.

QKL Stores Scaled Net Operating Assets Historical Data

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The historical data trend for QKL Stores'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.

QKL Stores Scaled Net Operating Assets Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.44 0.53 0.47 0.33

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.45 0.40 0.37 0.37 0.34

QKLS vs IFMK, HWIN: Scaled Net Operating Assets Comparison

For the Grocery Stores subindustry, QKL Stores'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.

QKL Stores Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, QKL Stores's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where QKL Stores's Scaled Net Operating Assets falls into.


QKL Stores 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.

QKL Stores's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2015 )
=(Operating Assets (A: Dec. 2015 )-Operating Liabilities (A: Dec. 2015 ))/Total Assets (A: Dec. 2014 )
=(133.807-79.165)/164.775
=0.33

where

Operating Assets(A: Dec. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=142.974 - 9.167
=133.807

Operating Liabilities(A: Dec. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=148.484 - 0 - 69.319
=79.165

QKL Stores's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2015 )
=(Operating Assets (Q: Dec. 2015 )-Operating Liabilities (Q: Dec. 2015 ))/Total Assets (Q: Sep. 2015 )
=(133.807-79.165)/160.281
=0.34

where

Operating Assets(Q: Dec. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=142.974 - 9.167
=133.807

Operating Liabilities(Q: Dec. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=148.484 - 0 - 69.319
=79.165

* 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 0.34 mean?
QKL Stores (QKLS) has a Scaled Net Operating Assets of 0.34 as of Dec. 2015. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on QKL Stores and its competitors.
Is QKL Stores' Scaled Net Operating Assets too high?
QKL Stores' current Scaled Net Operating Assets is 0.34.
How does QKL Stores' Scaled Net Operating Assets compare to IFMK and HWIN?
QKL Stores' Scaled Net Operating Assets of 0.34 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 QKL Stores and its competitors. QKL Stores's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QKL Stores stock overvalued right now?
QKL Stores (QKLS) has a current Scaled Net Operating Assets of 0.34. The current Scaled Net Operating Assets is 0.34. 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 QKL Stores (QKLS), the current Scaled Net Operating Assets is 0.34 as of Dec. 2015. 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.

QKL Stores Business Description

Address 4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.