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AIA Group (FRA:7A2) Scaled Net Operating Assets : -0.16 (As of Jun. 2024)


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What is AIA Group 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.

AIA Group's operating assets for the quarter that ended in Jun. 2024 was €178,216 Mil. AIA Group's operating liabilities for the quarter that ended in Jun. 2024 was €220,781 Mil. AIA Group's Total Assets for the quarter that ended in Dec. 2023 was €262,555 Mil. Therefore, AIA Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.16.

AIA Group 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.

AIA Group'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 )
=(251986.098-213257.52)/255324.624
=0.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=262554.523 - 10568.425
=251986.098

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=224412.825 - 11155.305 - 0
=213257.52

AIA Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(178215.644-220780.566)/262554.523
=-0.16

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=268708.605 - 90492.961
=178215.644

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231857.033 - 11076.467 - 0
=220780.566

* 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.

AIA Group Scaled Net Operating Assets Related Terms

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AIA Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (FRA:7A2) » Definitions » Scaled Net Operating Assets
Comparable Companies
HKSE:00966 HKSE:00376 HKSE:00662 SHSE:601628 SHSE:601318 BOM:543526 AFL MET TSX:MFC SHSE:601601 PRU TPE:2881 TSX:GWO TPE:2882 TSE:8750 LSE:PRU TSX:POW SHSE:601336 BOM:540719 BOM:540777
Traded in Other Exchanges
AAIGF:USA AAGIY:USA 1299:Mexico 01299:Hong Kong 0A6Q:UK 7A2:Germany
Address
No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG
Website
https://www.aia.com
Headquartered in Hong Kong, AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. It was previously part of American International Group and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.