HuaAn Securities Co (SHSE:600909) Scaled Net Operating Assets: 0.00 (As of Mar. 2026)

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SHSE:600909 HuaAn Securities Co Ltd SHSE:600909
58 GF Score
Price ¥7.58
GF Value ¥6.03
Valuation Modestly Overvalued
! 4 Warning Signs
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What is HuaAn Securities Co Scaled Net Operating Assets?

HuaAn Securities Co SHSE:600909 -1.81% 58 Scaled Net Operating Assets is 0.00 as of Mar. 2026. GuruFocus rates SHSE:600909 with a GF Score™ of 58/100 and a GF Value™ of ¥6.03 (Modestly Overvalued). The stock has 4 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.

HuaAn Securities Co's operating assets for the quarter that ended in Mar. 2026 was ¥55,002 Mil. HuaAn Securities Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥54,695 Mil. HuaAn Securities Co's Total Assets for the quarter that ended in Dec. 2025 was ¥106,281 Mil. Therefore, HuaAn Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.00.

SHSE:600909
58GF Score
HuaAn Securities Co Ltd SHSE:600909
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HuaAn 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.

HuaAn 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 )
=(54215.872-51252.656)/103014.094
=0.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=106281.329 - 52065.457
=54215.872

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=82392.474 - 31139.818 - 0
=51252.656

HuaAn Securities Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(55001.903-54695.183)/106281.329
=0.00

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=111526.966 - 56525.063
=55001.903

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=85074.822 - 30379.639 - 0
=54695.183

* 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 0.00 mean?
HuaAn Securities Co (SHSE:600909) has a Scaled Net Operating Assets of 0.00 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HuaAn Securities Co and its competitors.
Is HuaAn Securities Co's Scaled Net Operating Assets too high?
HuaAn Securities Co's current Scaled Net Operating Assets is 0.00. Overall, HuaAn Securities Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HuaAn Securities Co's Scaled Net Operating Assets compare to MS and GS?
HuaAn Securities Co's Scaled Net Operating Assets of 0.00 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 HuaAn Securities Co and its competitors. HuaAn Securities Co's current Scaled Net Operating Assets is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HuaAn Securities Co stock overvalued right now?
Based on GuruFocus' analysis, HuaAn Securities Co (SHSE:600909) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.03, compared to a current price of ¥7.58 — trading 25.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.00. HuaAn Securities Co's overall GF Score™ is 58/100 with 4 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 HuaAn Securities Co (SHSE:600909), the current Scaled Net Operating Assets is 0.00 as of Mar. 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 HuaAn Securities Co (SHSE:600909) Overvalued in 2026?

Based on GuruFocus' analysis, HuaAn Securities Co stock appears to be overvalued. The current stock price of ¥7.58 is trading 25.7% above its estimated GF Value™ of ¥6.03. GuruFocus considers HuaAn Securities Co to be Modestly Overvalued.

Key valuation signals for SHSE:600909:

  • Scaled Net Operating Assets: 0.00
  • GF Value™: ¥6.03 vs. price of ¥7.58 (25.7% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HuaAn Securities Co Business Description

Address No. 198, Swan Lake Road, Hefei Municipal Government Cultural New District, Anhui Province, Hefei, CHN, 230081
HuaAn Securities Co Ltd is a China-based securities company. It is primarily involved in various business activities such as securities brokerage, securities investment consulting, financial advisory, trading and securities investment, wealth management, investment banking, asset management and direct investment business. Geographically all the activities are carried out through China.
58GF Score

Get the complete analysis for SHSE:600909

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

¥7.58
Price
¥6.03
GF Value