JPMorgan China Growth &ome (CHIX:JCGIL) Scaled Net Operating Assets : 0.73 (As of Sep. 2023)

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What is JPMorgan China Growth &ome Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

JPMorgan China Growth &ome's operating assets for the quarter that ended in Sep. 2023 was £262.16 Mil. JPMorgan China Growth &ome's operating liabilities for the quarter that ended in Sep. 2023 was £0.67 Mil. JPMorgan China Growth &ome's Total Assets for the quarter that ended in Mar. 2023 was £357.11 Mil. Therefore, JPMorgan China Growth &ome's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.73.

JPMorgan China Growth &ome 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.

JPMorgan China Growth &ome's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Sep. 2023 )
=	(Operating Assets (A: Sep. 2023 )	-	Operating Liabilities (A: Sep. 2023 ))	/	Total Assets (A: Sep. 2022 )
=	(262.162	-	0.669)	/	346.153
=	0.76

where

	Operating Assets		(A: Sep. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	262.249	-	0.087
=	262.162

	Operating Liabilities		(A: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	32.477	-	31.808	-	0
=	0.669

JPMorgan China Growth &ome's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(262.162	-	0.669)	/	357.113
=	0.73

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	262.249	-	0.087
=	262.162

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	32.477	-	31.808	-	0
=	0.669

* 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.

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JPMorgan China Growth &ome (CHIX:JCGIL) Business Description

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JCGI:UK

Address

60 Victoria Embankment, London, GBR, EC4Y0JP

Website

http://www.jpmchinagrowthandincome.co.uk

JPMorgan China Growth & Income PLC is an investment trust company. Its investment objective is to provide long term capital growth by investment in Greater China companies. The company seeks to achieve its determined objectives, it invests in securities quoted on the stock exchanges of China, Hong Kong, and Taiwan or which derive a substantial part of their revenues or profits from these territories. It may use gearing up to a maximum level of nearly 20% of shareholders' funds to increase potential returns to shareholders. The company invests no more than 15% of gross assets in other UK listed investment companies. It reviews its performance against MSCI China Index, with net dividends reinvested, in sterling terms.