CVTV (China VTV) Scaled Net Operating Assets: 0.10 (As of Aug. 2020)


What is China VTV Scaled Net Operating Assets?

China VTV CVTV Scaled Net Operating Assets is 0.10 as of Aug. 2020.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

China VTV's operating assets for the quarter that ended in Aug. 2020 was $52.54 Mil. China VTV's operating liabilities for the quarter that ended in Aug. 2020 was $47.06 Mil. China VTV's Total Assets for the quarter that ended in May. 2020 was $52.68 Mil. Therefore, China VTV's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2020 was 0.10.

China VTV Scaled Net Operating Assets Historical Data

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The historical data trend for China VTV's Scaled Net Operating Assets can be seen below:

* 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 VTV Scaled Net Operating Assets Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Scaled Net Operating Assets
Get a 7-Day Free Trial -4.20 -6.38 0.00 -9.41 106.89

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -82.30 -8.46 19.05 0.11 0.10

CVTV vs REBL, CSSE, RLJE: Scaled Net Operating Assets Comparison

For the Internet Content & Information subindustry, China VTV's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China VTV Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China VTV's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China VTV's Scaled Net Operating Assets falls into.


China VTV 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 VTV's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2020 )
=(Operating Assets (A: Feb. 2020 )-Operating Liabilities (A: Feb. 2020 ))/Total Assets (A: Feb. 2019 )
=(50.787-48.863)/0.018
=106.89

where

Operating Assets(A: Feb. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50.839 - 0.052
=50.787

Operating Liabilities(A: Feb. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.166 - 0 - 2.303
=48.863

China VTV's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2020 )
=(Operating Assets (Q: Aug. 2020 )-Operating Liabilities (Q: Aug. 2020 ))/Total Assets (Q: May. 2020 )
=(52.539-47.063)/52.684
=0.10

where

Operating Assets(Q: Aug. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52.698 - 0.159
=52.539

Operating Liabilities(Q: Aug. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.214 - 0 - 1.151
=47.063

* 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.

What does a Scaled Net Operating Assets of 0.10 mean?
China VTV (CVTV) has a Scaled Net Operating Assets of 0.10 as of Aug. 2020. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on China VTV and its competitors.
Is China VTV's Scaled Net Operating Assets too high?
China VTV's current Scaled Net Operating Assets is 0.10.
How does China VTV's Scaled Net Operating Assets compare to REBL and CSSE?
China VTV's Scaled Net Operating Assets of 0.10 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on China VTV and its competitors. China VTV's current Scaled Net Operating Assets is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Scaled Net Operating Assets of 0.10. The current Scaled Net Operating Assets is 0.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For China VTV (CVTV), the current Scaled Net Operating Assets is 0.10 as of Aug. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.