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FLX (BingEx) Scaled Net Operating Assets : -2.88 (As of Sep. 2024)


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What is BingEx 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.

BingEx's operating assets for the quarter that ended in Sep. 2024 was $57.9 Mil. BingEx's operating liabilities for the quarter that ended in Sep. 2024 was $460.1 Mil. BingEx's Total Assets for the quarter that ended in Jun. 2024 was $139.6 Mil. Therefore, BingEx's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -2.88.

BingEx Scaled Net Operating Assets Historical Data

The historical data trend for BingEx'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.

BingEx Scaled Net Operating Assets Chart

BingEx Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
-3.35 -3.67 -7.60 -3.14 -3.41

BingEx Quarterly Data
Dec19 Mar20 Dec20 Mar21 Dec21 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 Premium Member Only -3.55 -3.38 -3.09 -3.27 -2.88

Competitive Comparison of BingEx's Scaled Net Operating Assets

For the Integrated Freight & Logistics subindustry, BingEx'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.

BingEx's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BingEx's Scaled Net Operating Assets distribution charts can be found below:

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


BingEx 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.

BingEx'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 )
=(21.089-472.629)/132.345
=-3.41

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=140.146 - 119.057
=21.089

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=480.711 - 6.353 - 1.729
=472.629

BingEx'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 )
=(57.862-460.116)/139.627
=-2.88

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=130.983 - 73.121
=57.862

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=466.597 - 4.572 - 1.909
=460.116

* 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.

BingEx Scaled Net Operating Assets Related Terms

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BingEx Business Description

Industry
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Traded in Other Exchanges
N/A
Address
No.1 Yongtaizhuang North Road, Zhongguancun Dongsheng International Science Park, Haidian District, Beijing, CHN, 100192
Website
http://www.ishansong.com
BingEx Ltd provides on-demand dedicated courier services for individual and business customers with superior time certainty, delivery safety and service quality. The company brands its services as FlashEx, which means delivery in a flash. The Group's principal operations and geographic markets are in the People's Republic of China (PRC).