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Huishang Bank (Huishang Bank) Scaled Net Operating Assets : 0.10 (As of Dec. 2023)


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What is Huishang 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.

Huishang Bank's operating assets for the quarter that ended in Dec. 2023 was $232,201 Mil. Huishang Bank's operating liabilities for the quarter that ended in Dec. 2023 was $206,824 Mil. Huishang Bank's Total Assets for the quarter that ended in Jun. 2023 was $241,977 Mil. Therefore, Huishang Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.10.


Huishang 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.

Huishang 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 )
=(232201.085-206824.156)/226664.327
=0.11

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=252954.196 - 20753.111
=232201.085

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=232404.794 - 25580.638 - 0
=206824.156

Huishang 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 )
=(232201.085-206824.156)/241976.957
=0.10

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=252954.196 - 20753.111
=232201.085

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=232404.794 - 25580.638 - 0
=206824.156

* 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.


Huishang Bank Scaled Net Operating Assets Related Terms

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Huishang Bank (Huishang Bank) Business Description

Traded in Other Exchanges
Address
No. 1699 Yungu Road, Huishang Bank Building, Anhui Province, Hefei, CHN, 230092
Huishang Bank Corp Ltd is a regional commercial bank in China. The company operates through four main business segments: corporate banking, retail banking, treasury, and others. The corporate banking segment provides financial services to corporate customers, government authorities, and financial institutions, such as current accounts, deposits, overdrafts, loans, and wealth management products. The retail banking segment provides services to retail customers, such as savings deposits, personal loans, and advances. The treasury segment provides securities investment and money market and repurchase transactions. The other segment includes investment holding and other miscellaneous activities. The company operates in China and earns the majority of its revenue in the Anhui Province.