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JiLin JiuTai Rural Commercial Bank (FRA:2JJ) Scaled Net Operating Assets : -0.06 (As of Dec. 2023)


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What is JiLin JiuTai Rural Commercial Bank 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.

JiLin JiuTai Rural Commercial Bank's operating assets for the quarter that ended in Dec. 2023 was €29,552.2 Mil. JiLin JiuTai Rural Commercial Bank's operating liabilities for the quarter that ended in Dec. 2023 was €31,742.7 Mil. JiLin JiuTai Rural Commercial Bank's Total Assets for the quarter that ended in Jun. 2023 was €34,448.1 Mil. Therefore, JiLin JiuTai Rural Commercial Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.06.


JiLin JiuTai Rural Commercial Bank 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.

JiLin JiuTai Rural Commercial Bank'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 )
=(29552.21-31742.651)/36153.12
=-0.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=34646.602 - 5094.392
=29552.21

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32223.871 - 481.22 - 0
=31742.651

JiLin JiuTai Rural Commercial Bank'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: Jun. 2023 )
=(29552.21-31742.651)/34448.068
=-0.06

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=34646.602 - 5094.392
=29552.21

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32223.871 - 481.22 - 0
=31742.651

* 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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JiLin JiuTai Rural Commercial Bank (FRA:2JJ) Business Description

Traded in Other Exchanges
Address
No. 2559 Wei Shan Road, High and New Technology Development Zone, Jilin Province, Changchun, CHN
JiLin JiuTai Rural Commercial Bank Corp Ltd is engaged in the provision of banking services. The company's operating segment includes Corporate banking; Retail banking; Treasury operations and Others. The bank offers loan business, deposits, certificates of deposits, and other related services. It generates maximum revenue from the Corporate banking segment. Geographically, the firm operates in Mainland China.