CITIC Securities Co (CITIC Securities Co) Scaled Net Operating Assets : -0.04 (As of Mar. 2024)

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What is CITIC 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.

CITIC Securities Co's operating assets for the quarter that ended in Mar. 2024 was $140,218 Mil. CITIC Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was $147,478 Mil. CITIC Securities Co's Total Assets for the quarter that ended in Dec. 2023 was $203,546 Mil. Therefore, CITIC Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.04.

CITIC 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.

CITIC 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 )
=	(129357.635	-	127982.025)	/	187702.19
=	0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	203545.997	-	74188.362
=	129357.635

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	165143.822	-	37161.797	-	0
=	127982.025

CITIC 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 )
=	(140218.443	-	147478.017)	/	203545.997
=	-0.04

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	217639.446	-	77421.003
=	140218.443

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	177938.706	-	30460.689	-	0
=	147478.017

* 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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CITIC Securities Co (CITIC Securities Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CITIC Securities Co Ltd (OTCPK:CIIHY) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CIIHF:USA 06030:Hong Kong CI9:Germany 600030:China

Address

1 Tim Mei Avenue, 26th Floor, CITIC Tower, Central, Hong Kong, HKG

Website

https://www.citics.com

CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, and other services. The company's brokerage business consists of securities brokerage and futures brokerage and its asset management business includes portfolio management, directional asset management, special asset management, as well as fund management. The company offers financial services and products to a diverse client base including corporations, financial institutions, governments, and individuals. Citic Securities principally operates in mainland China and Hong Kong.