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Target Insurance (Holdings) (HKSE:06161) Scaled Net Operating Assets : N/A (As of Jun. 2023)


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What is Target Insurance (Holdings) 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.

Target Insurance (Holdings)'s operating assets for the quarter that ended in Jun. 2023 was HK$0.00 Mil. Target Insurance (Holdings)'s operating liabilities for the quarter that ended in Jun. 2023 was HK$0.00 Mil. Target Insurance (Holdings)'s Total Assets for the quarter that ended in Jun. 2022 was HK$0.00 Mil. Therefore, Target Insurance (Holdings)'s scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was N/A.


Target Insurance (Holdings) 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.

Target Insurance (Holdings)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(0.704-1.7)/873.03
=-0.00

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=30.034 - 29.33
=0.704

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=283.646 - 281.946 - 0
=1.7

Target Insurance (Holdings)'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Jun. 2022 )
=(0-0)/0
=N/A

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=0 - 0
=0

* 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.


Target Insurance (Holdings) Scaled Net Operating Assets Related Terms

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Target Insurance (Holdings) (HKSE:06161) Business Description

Traded in Other Exchanges
N/A
Address
181 Queen’s Road Central, Grand Millennium Plaza, 5th Floor, Low Block, Hong Kong, HKG
Target Insurance (Holdings) Ltd is an investment company based in Hong Kong. It is principally engaged in writing motor insurance. The company offers insurance for the taxi, public light bus, and other motor vehicles. Its operating segments are Taxi, Public Light Bus, Other motor vehicles. The company earns revenue in the form of insurance premiums, dividend income, interest income, and others. It generates all of its revenue from Hong Kong.
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