Central China Securities Co (SHSE:601375) Scaled Net Operating Assets : 0.07 (As of Mar. 2024)

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What is Central China Securities Co 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.

Central China Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥26,657 Mil. Central China Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥23,219 Mil. Central China Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥51,702 Mil. Therefore, Central China Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.07.

Central China Securities Co 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.

Central China Securities Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(29582.87	-	25296.678)	/	50182.64
=	0.09

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	51701.684	-	22118.814
=	29582.87

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	37551.184	-	12254.506	-	0
=	25296.678

Central China Securities Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(26656.866	-	23219.031)	/	51701.684
=	0.07

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	49034.482	-	22377.616
=	26656.866

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	34757.549	-	11538.518	-	0
=	23219.031

* 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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Central China Securities Co (SHSE:601375) Business Description

Industry

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Traded in Other Exchanges

01375:Hong Kong 21C:Germany

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.ccnew.com

Central China Securities Co Ltd is a securities firm in Henan with a full-service business platform and strategic presence in China. Its principal business lines include a brokerage, which is engaged in the trading of stocks, funds, and bonds; margin financing, securities lending, and wealth management services; investment banking, which provides investment banking services including equity financing, debt financing, and financial advisory to institutional clients; investment management, which consists of asset management, direct investment, and fund management; the proprietary trading segment, which is engaged in the trading of securities and derivatives and Other business. Overseas business engage in brokerage, margin financing and Other businesses consist of the treasury function.