China Merchants Bank Co (China Merchants Bank Co) Scaled Net Operating Assets : 0.04 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is China Merchants Bank 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.

China Merchants Bank Co's operating assets for the quarter that ended in Dec. 2023 was $1,394,204 Mil. China Merchants Bank Co's operating liabilities for the quarter that ended in Dec. 2023 was $1,331,364 Mil. China Merchants Bank Co's Total Assets for the quarter that ended in Sep. 2023 was $1,461,792 Mil. Therefore, China Merchants Bank Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.04.

China Merchants Bank 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.

China Merchants Bank 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 )
=	(1394204.224	-	1331363.547)	/	1454295.509
=	0.04

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1544562.197	-	150357.973
=	1394204.224

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1392503.571	-	61140.024	-	0
=	1331363.547

China Merchants Bank Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(1394204.224	-	1331363.547)	/	1461791.611
=	0.04

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1544562.197	-	150357.973
=	1394204.224

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1392503.571	-	61140.024	-	0
=	1331363.547

* 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 Merchants Bank Co Scaled Net Operating Assets Related Terms

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

China Merchants Bank Co (China Merchants Bank Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Merchants Bank Co Ltd (OTCPK:CIHHF) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

CIHKY:USA 03968:Hong Kong M4B:Germany M4B:Germany 600036:China

Address

No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040

Website

https://www.cmbchina.com

China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.