Qingci Games (STU:Z56) Scaled Net Operating Assets: 0.10 (As of Dec. 2025)


STU:Z56 Qingci Games Inc STU:Z56
72 GF Score
Price €0.18
GF Value €0.21
! 5 Warning Signs
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What is Qingci Games Scaled Net Operating Assets?

Qingci Games STU:Z56 -33.21% 72 Scaled Net Operating Assets is 0.10 as of Dec. 2025. GuruFocus rates STU:Z56 with a GF Score™ of 72/100 and a GF Value™ of €0.21. 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.

Qingci Games's operating assets for the quarter that ended in Dec. 2025 was €40.50 Mil. Qingci Games's operating liabilities for the quarter that ended in Dec. 2025 was €15.96 Mil. Qingci Games's Total Assets for the quarter that ended in Jun. 2025 was €245.06 Mil. Therefore, Qingci Games's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.10.


Qingci Games Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Qingci Games'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.

Qingci Games Scaled Net Operating Assets Chart

Qingci Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.23 0.15 0.13 0.13 0.09

Qingci Games Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.13 0.15 0.13 0.11 0.10

STU:Z56 vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Qingci Games'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.


Qingci Games Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qingci Games's Scaled Net Operating Assets distribution charts can be found below:

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


STU:Z56
72GF Score
Qingci Games Inc STU:Z56
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingci Games 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.

Qingci Games'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 )
=(40.503-15.959)/259.852
=0.09

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=248.739 - 208.236
=40.503

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18.354 - 0.221 - 2.174
=15.959

Qingci Games's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(40.503-15.959)/245.062
=0.10

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=248.739 - 208.236
=40.503

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18.354 - 0.221 - 2.174
=15.959

* 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 0.10 mean?
Qingci Games (STU:Z56) has a Scaled Net Operating Assets of 0.10 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Qingci Games and its competitors.
Is Qingci Games' Scaled Net Operating Assets too high?
Qingci Games' current Scaled Net Operating Assets is 0.10. Overall, Qingci Games has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Qingci Games' Scaled Net Operating Assets compare to NTES and EA?
Qingci Games' Scaled Net Operating Assets of 0.10 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Qingci Games and its competitors. Qingci Games's current Scaled Net Operating Assets is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingci Games stock overvalued right now?
Qingci Games (STU:Z56) has a current Scaled Net Operating Assets of 0.10. The stock's GF Value™ is €0.21, compared to a current price of €0.18 — trading 14.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.10. Qingci Games' overall GF Score™ is 72/100 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 Qingci Games (STU:Z56), the current Scaled Net Operating Assets is 0.10 as of Dec. 2025. 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 Qingci Games (STU:Z56) Overvalued in 2026?

Based on GuruFocus' analysis, Qingci Games stock appears to be undervalued. The current stock price of €0.18 is trading 14.8% below its estimated GF Value™ of €0.21.

Key valuation signals for STU:Z56:

  • Scaled Net Operating Assets: 0.10
  • GF Value™: €0.21 vs. price of €0.18 (14.8% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the STU:Z56 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingci Games Business Description

Other Exchanges 06633:Hong Kong
Address 4 Wang Hai Road, 5th Floor, Xiamen Software Park II, Fujian Province, Xiamen, CHN, 361008
Qingci Games Inc is an integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.
72GF Score

Get the complete analysis for STU:Z56

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

€0.18
Price
€0.21
GF Value