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EMCG (Embrace Change Acquisition) Scaled Net Operating Assets : 0.36 (As of Sep. 2024)


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What is Embrace Change Acquisition 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.

Embrace Change Acquisition's operating assets for the quarter that ended in Sep. 2024 was $25.80 Mil. Embrace Change Acquisition's operating liabilities for the quarter that ended in Sep. 2024 was $4.88 Mil. Embrace Change Acquisition's Total Assets for the quarter that ended in Jun. 2024 was $58.13 Mil. Therefore, Embrace Change Acquisition's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.36.


Embrace Change Acquisition Scaled Net Operating Assets Historical Data

The historical data trend for Embrace Change Acquisition'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.

* Premium members only.

Embrace Change Acquisition Scaled Net Operating Assets Chart

Embrace Change Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.97 436.67 0.68

Embrace Change Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.77 0.82 0.95 0.94 0.36

Competitive Comparison of Embrace Change Acquisition's Scaled Net Operating Assets

For the Shell Companies subindustry, Embrace Change Acquisition'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.


Embrace Change Acquisition's Scaled Net Operating Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Embrace Change Acquisition's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Embrace Change Acquisition's Scaled Net Operating Assets falls into.



Embrace Change Acquisition 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.

Embrace Change Acquisition'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 )
=(56.231-3.719)/76.945
=0.68

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.236 - 0.005
=56.231

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.119 - 0 - 0.4
=3.719

Embrace Change Acquisition's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(25.803-4.878)/58.129
=0.36

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25.816 - 0.013
=25.803

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.783 - 0 - 0.905
=4.878

* 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.


Embrace Change Acquisition Scaled Net Operating Assets Related Terms

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Embrace Change Acquisition Business Description

Traded in Other Exchanges
N/A
Address
5186 Carroll Canyon Road, San Diego, CA, USA, 92121
Embrace Change Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Jingyu Wang director, officer: Chief Executive Officer 5/F, BUILDING A1, JUNHAO CENTRAL PARK PL, CHAOYANG DISTRICT, BEIJING F4 00000
Mo Zhou director SHUNYI DISTRICT, LONG YUAN VILLAS, UNIT 139, BEIJING F4 101319
Jiangping Xiao director 801 W ADAMS ST, CHICAGO IL 60607
Yoann Delwarde director, officer: Chief Executive Officer 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Hang Zhou director 10635 CALLE MAR DE MARIPOSA, APARTMENT 5314, SAN DIEGO CA 92130
Zheng Yuan director, officer: Chief Financial Officer 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Wuren Fubao Inc. 10 percent owner 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Richemont Gregory De director 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000