Qi An Xin Technology Group (SHSE:688561) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


SHSE:688561 Qi An Xin Technology Group Inc SHSE:688561
63 GF Score
Price ¥25.89
GF Value ¥32.86
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Qi An Xin Technology Group Scaled Net Operating Assets?

Qi An Xin Technology Group SHSE:688561 +2.33% 63 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates SHSE:688561 with a GF Score™ of 63/100 and a GF Value™ of ¥32.86 (Modestly Undervalued). 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.

Qi An Xin Technology Group's operating assets for the quarter that ended in Mar. 2026 was ¥11,815 Mil. Qi An Xin Technology Group's operating liabilities for the quarter that ended in Mar. 2026 was ¥3,319 Mil. Qi An Xin Technology Group's Total Assets for the quarter that ended in Dec. 2025 was ¥13,669 Mil. Therefore, Qi An Xin Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


Qi An Xin Technology Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Qi An Xin Technology Group'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.

Qi An Xin Technology Group Scaled Net Operating Assets Chart

Qi An Xin Technology Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.59 0.69 0.76 0.60 0.56

Qi An Xin Technology Group 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 0.68 0.71 0.69 0.57 0.62

SHSE:688561 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Qi An Xin Technology Group'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.


Qi An Xin Technology Group Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Qi An Xin Technology Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qi An Xin Technology Group's Scaled Net Operating Assets falls into.


SHSE:688561
63GF Score
Qi An Xin Technology Group Inc SHSE:688561
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Qi An Xin Technology Group 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.

Qi An Xin Technology Group'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 )
=(11994.358-3665.231)/14867.115
=0.56

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13668.7 - 1674.342
=11994.358

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6195.743 - 649.228 - 1881.284
=3665.231

Qi An Xin Technology Group'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 )
=(11814.64-3318.528)/13668.7
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13411.749 - 1597.109
=11814.64

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6326.846 - 818.94 - 2189.378
=3318.528

* 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 0.62 mean?
Qi An Xin Technology Group (SHSE:688561) has a Scaled Net Operating Assets of 0.62 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 Qi An Xin Technology Group and its competitors.
Is Qi An Xin Technology Group's Scaled Net Operating Assets too high?
Qi An Xin Technology Group's current Scaled Net Operating Assets is 0.62. Overall, Qi An Xin Technology Group has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qi An Xin Technology Group's Scaled Net Operating Assets compare to MSFT and ORCL?
Qi An Xin Technology Group's Scaled Net Operating Assets of 0.62 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Qi An Xin Technology Group and its competitors. Qi An Xin Technology Group's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qi An Xin Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Qi An Xin Technology Group (SHSE:688561) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.86, compared to a current price of ¥25.89 — trading 21.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.62. Qi An Xin Technology Group's overall GF Score™ is 63/100 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 Qi An Xin Technology Group (SHSE:688561), the current Scaled Net Operating Assets is 0.62 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 Qi An Xin Technology Group (SHSE:688561) Overvalued in 2026?

Based on GuruFocus' analysis, Qi An Xin Technology Group stock appears to be undervalued. The current stock price of ¥25.89 is trading 21.2% below its estimated GF Value™ of ¥32.86. GuruFocus considers Qi An Xin Technology Group to be Modestly Undervalued.

Key valuation signals for SHSE:688561:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: ¥32.86 vs. price of ¥25.89 (21.2% below fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688561 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qi An Xin Technology Group Business Description

Address No.1, 26 of Xizhimenwai South Road, Qianxin Security Center, Xicheng District, Beijing, CHN
Qi An Xin Technology Group Inc provides a new generation of enterprise-level network security products and services to government and corporate customers.
63GF Score

Get the complete analysis for SHSE:688561

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

¥25.89
Price
¥32.86
GF Value