BOC International China Co (SHSE:601696) Scaled Net Operating Assets: -0.51 (As of Mar. 2026)

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SHSE:601696 BOC International China Co Ltd SHSE:601696
64 GF Score
Price ¥11.31
GF Value ¥13.65
Valuation Modestly Undervalued
! 2 Warning Signs
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What is BOC International China Co Scaled Net Operating Assets?

BOC International China Co SHSE:601696 -4.31% 64 Scaled Net Operating Assets is -0.51 as of Mar. 2026. GuruFocus rates SHSE:601696 with a GF Score™ of 64/100 and a GF Value™ of ¥13.65 (Modestly Undervalued). The stock has 2 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.

BOC International China Co's operating assets for the quarter that ended in Mar. 2026 was ¥26,424 Mil. BOC International China Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥74,183 Mil. BOC International China Co's Total Assets for the quarter that ended in Dec. 2025 was ¥92,923 Mil. Therefore, BOC International China Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.51.

SHSE:601696
64GF Score
BOC International China Co Ltd SHSE:601696
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BOC International China 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.

BOC International China 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 )
=(26069.113-51216.953)/74909.21
=-0.34

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=92922.815 - 66853.702
=26069.113

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73994.336 - 22777.383 - 0
=51216.953

BOC International China 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 )
=(26424.426-74182.516)/92922.815
=-0.51

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=116230.904 - 89806.478
=26424.426

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96874.852 - 22692.336 - 0
=74182.516

* 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 -0.51 mean?
BOC International China Co (SHSE:601696) has a Scaled Net Operating Assets of -0.51 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 BOC International China Co and its competitors.
Is BOC International China Co's Scaled Net Operating Assets too high?
BOC International China Co's current Scaled Net Operating Assets is -0.51. Overall, BOC International China Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOC International China Co's Scaled Net Operating Assets compare to MS and GS?
BOC International China Co's Scaled Net Operating Assets of -0.51 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 BOC International China Co and its competitors. BOC International China Co's current Scaled Net Operating Assets is -0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC International China Co stock overvalued right now?
Based on GuruFocus' analysis, BOC International China Co (SHSE:601696) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.65, compared to a current price of ¥11.31 — trading 17.1% below its estimated fair value. The current Scaled Net Operating Assets is -0.51. BOC International China Co's overall GF Score™ is 64/100 with 2 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 BOC International China Co (SHSE:601696), the current Scaled Net Operating Assets is -0.51 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 BOC International China Co (SHSE:601696) Overvalued in 2026?

Based on GuruFocus' analysis, BOC International China Co stock appears to be undervalued. The current stock price of ¥11.31 is trading 17.1% below its estimated GF Value™ of ¥13.65. GuruFocus considers BOC International China Co to be Modestly Undervalued.

Key valuation signals for SHSE:601696:

  • Scaled Net Operating Assets: -0.51
  • GF Value™: ¥13.65 vs. price of ¥11.31 (17.1% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the SHSE:601696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BOC International China Co Business Description

Address 200 Yincheng Middle Road, 7th Floor, Bank of China Tower, Pudong New District, Shanghai, CHN, 200120
BOC International China Co Ltd is engaged in Investment banking business, securities brokerage business, asset management business, securities proprietary business, private equity investment business, futures business, and other businesses. It generates the majority of its revenue from the Securities brokerage business.
64GF Score

Get the complete analysis for SHSE:601696

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

¥11.31
Price
¥13.65
GF Value