Shenzhen Kiwi Instruments Co (SHSE:688045) Scaled Net Operating Assets: 0.41 (As of Mar. 2026)

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SHSE:688045 Shenzhen Kiwi Instruments Co Ltd SHSE:688045
73 GF Score
Price ¥52.00
GF Value ¥52.54
Valuation Fairly Valued
! 5 Warning Signs
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What is Shenzhen Kiwi Instruments Co Scaled Net Operating Assets?

Shenzhen Kiwi Instruments Co SHSE:688045 -9.53% 73 Scaled Net Operating Assets is 0.41 as of Mar. 2026. GuruFocus rates SHSE:688045 with a GF Score™ of 73/100 and a GF Value™ of ¥52.54 (Fairly Valued). The stock has 5 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.

Shenzhen Kiwi Instruments Co's operating assets for the quarter that ended in Mar. 2026 was ¥936.1 Mil. Shenzhen Kiwi Instruments Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥216.1 Mil. Shenzhen Kiwi Instruments Co's Total Assets for the quarter that ended in Dec. 2025 was ¥1,756.0 Mil. Therefore, Shenzhen Kiwi Instruments Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.41.


Shenzhen Kiwi Instruments Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shenzhen Kiwi Instruments 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.

Shenzhen Kiwi Instruments Co Scaled Net Operating Assets Chart

Shenzhen Kiwi Instruments Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.63 0.66 0.25 0.26 0.49

Shenzhen Kiwi Instruments Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.26 0.31 0.32 0.49 0.41

SHSE:688045 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Shenzhen Kiwi Instruments 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.


Shenzhen Kiwi Instruments Co Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shenzhen Kiwi Instruments Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen Kiwi Instruments Co's Scaled Net Operating Assets falls into.


SHSE:688045
73GF Score
Shenzhen Kiwi Instruments Co Ltd SHSE:688045
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Kiwi Instruments 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.

Shenzhen Kiwi Instruments 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 )
=(910.079-200.302)/1459.684
=0.49

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1755.952 - 845.873
=910.079

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=393.058 - 179.988 - 12.768
=200.302

Shenzhen Kiwi Instruments 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 )
=(936.082-216.095)/1755.952
=0.41

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1787.575 - 851.493
=936.082

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=406.974 - 179.415 - 11.464
=216.095

* 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 0.41 mean?
Shenzhen Kiwi Instruments Co (SHSE:688045) has a Scaled Net Operating Assets of 0.41 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 Shenzhen Kiwi Instruments Co and its competitors.
Is Shenzhen Kiwi Instruments Co's Scaled Net Operating Assets too high?
Shenzhen Kiwi Instruments Co's current Scaled Net Operating Assets is 0.41. Overall, Shenzhen Kiwi Instruments Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kiwi Instruments Co's Scaled Net Operating Assets compare to NVDA and AVGO?
Shenzhen Kiwi Instruments Co's Scaled Net Operating Assets of 0.41 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Shenzhen Kiwi Instruments Co and its competitors. Shenzhen Kiwi Instruments Co's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kiwi Instruments Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kiwi Instruments Co (SHSE:688045) is currently considered Fairly Valued. The stock's GF Value™ is ¥52.54, compared to a current price of ¥52.00 — trading 1% below its estimated fair value. The current Scaled Net Operating Assets is 0.41. Shenzhen Kiwi Instruments Co's overall GF Score™ is 73/100 with 5 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 Shenzhen Kiwi Instruments Co (SHSE:688045), the current Scaled Net Operating Assets is 0.41 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 Shenzhen Kiwi Instruments Co (SHSE:688045) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Kiwi Instruments Co stock appears to be undervalued. The current stock price of ¥52.00 is trading 1% below its estimated GF Value™ of ¥52.54. GuruFocus considers Shenzhen Kiwi Instruments Co to be Fairly Valued.

Key valuation signals for SHSE:688045:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: ¥52.54 vs. price of ¥52.00 (1% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Kiwi Instruments Co Business Description

Address Liuxin 4th Street, Block 8, Phase 3, Room 3303, Building A, Area C, Vanke Yuncheng, Xili Community, Xili Subdistrict, Nanshan District, Shenzhen, CHN, 518055
Shenzhen Kiwi Instruments Co Ltd is a high-performance analog and mixed-signal integrated circuit supplier. Its main products include AC-DC converters, DC-DC converters, driver ICs, protection ICs, linear voltage regulators, battery management, amplifiers, digital-to-analog converter, sensor, isolation and interface, microcontroller, etc. It provides one-stop chip solutions and system integration for customers in consumer electronics, industrial control, network communications, data centers, automotive electronics, and other fields.
73GF Score

Get the complete analysis for SHSE:688045

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

¥52.00
Price
¥52.54
GF Value