GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CHINA FUND INC (NYSE:CHN) » Definitions » Scaled Net Operating Assets

CHINA FUND (CHINA FUND) Scaled Net Operating Assets : 0.83 (As of Oct. 2023)


View and export this data going back to . Start your Free Trial

What is CHINA FUND 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.

CHINA FUND's operating assets for the quarter that ended in Oct. 2023 was $119.51 Mil. CHINA FUND's operating liabilities for the quarter that ended in Oct. 2023 was $0.37 Mil. CHINA FUND's Total Assets for the quarter that ended in Apr. 2023 was $143.65 Mil. Therefore, CHINA FUND's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was 0.83.

CHINA FUND 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.

CHINA FUND's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(119.514-0.367)/121.607
=0.98

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=119.516 - 0.002
=119.514

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.367 - 0 - 0
=0.367

CHINA FUND's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2023 )
=(Operating Assets (Q: Oct. 2023 )-Operating Liabilities (Q: Oct. 2023 ))/Total Assets (Q: Apr. 2023 )
=(119.514-0.367)/143.65
=0.83

where

Operating Assets(Q: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=119.516 - 0.002
=119.514

Operating Liabilities(Q: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.367 - 0 - 0
=0.367

* 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.

CHINA FUND Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of CHINA FUND's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

CHINA FUND (CHINA FUND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CHINA FUND INC (NYSE:CHN) » Definitions » Scaled Net Operating Assets
Comparable Companies
GLQ EVF ECF PAI PCF VFL SBI CEN MNP JHI BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
C/o Brown Brothers Harriman & Co, 50 Post Office Square, Boston, MA, USA, 02110
Website
https://www.chinafundinc.com
CHINA FUND INC is a non-diversified, closed-end management investment company. Its investment objective is a long-term capital appreciation which it seeks to achieve by investing in equity securities with trading in China and outside China. It invests in various industries such as Insurance, Entertainment, Machinery, Electrical Equipment, Beverages, Hotels, Restaurants and Leisure among others.
Executives
Yan Hu director 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Theresa Noriega-lum officer: President 4 EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO CA 94111
Iwanicki George John Jr director 8K THORMAN LANE, HUNTINGTON NY 11743
Julian Reid 10 percent owner C/O BROWN BROTHERS HARRIMAN, 50 POST OFFICE SQUARE, BOSTON MA 02110
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Frank L Wheeler officer: President FOUR EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO CA 94111
Michael F Holland director
Richard Silver 10 percent owner C/O STATE STREET BANK AND TRUST COMPANY, ONE LINCOLN STREET, BOSTON MA 02111
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Heiko Mildner other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Kathleen C. Thompson other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Jeffrey D Parker other: See remarks 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Douglas Eu other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
William Grau other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
Laura F. Dell officer: Treasurer 100 HUNTINGTON AVENUE, CPH 0326, BOSTON MA 02116