Grand Ocean Advanced Resources Co (HKSE:00065) Scaled Net Operating Assets : 0.36 (As of Dec. 2023)

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What is Grand Ocean Advanced Resources Co 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.

Grand Ocean Advanced Resources Co's operating assets for the quarter that ended in Dec. 2023 was HK$211.9 Mil. Grand Ocean Advanced Resources Co's operating liabilities for the quarter that ended in Dec. 2023 was HK$109.7 Mil. Grand Ocean Advanced Resources Co's Total Assets for the quarter that ended in Jun. 2023 was HK$284.9 Mil. Therefore, Grand Ocean Advanced Resources Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.36.

Grand Ocean Advanced Resources Co Scaled Net Operating Assets Historical Data

The historical data trend for Grand Ocean Advanced Resources Co'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.

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Grand Ocean Advanced Resources Co Scaled Net Operating Assets Chart

Grand Ocean Advanced Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.32

0.29

0.35

0.45

0.34

Grand Ocean Advanced Resources Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.42	0.33	0.44	0.49	0.36

Competitive Comparison of Grand Ocean Advanced Resources Co's Scaled Net Operating Assets

For the Thermal Coal subindustry, Grand Ocean Advanced Resources Co'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.

Grand Ocean Advanced Resources Co's Scaled Net Operating Assets Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Grand Ocean Advanced Resources Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Grand Ocean Advanced Resources Co's Scaled Net Operating Assets falls into.

Grand Ocean Advanced Resources Co 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.

Grand Ocean Advanced Resources Co'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 )
=	(211.866	-	109.651)	/	305.35
=	0.33

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	307.225	-	95.359
=	211.866

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	109.737	-	0	-	0.086
=	109.651

Grand Ocean Advanced Resources Co'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 )
=	(211.866	-	109.651)	/	284.932
=	0.36

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	307.225	-	95.359
=	211.866

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	109.737	-	0	-	0.086
=	109.651

Grand Ocean Advanced Resources Co Scaled Net Operating Assets Related Terms

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Grand Ocean Advanced Resources Co (HKSE:00065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Grand Ocean Advanced Resources Co Ltd (HKSE:00065) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Suite 1602, Sino Plaza, Hong Kong, HKG

Website

https://www.grandocean65.com

Grand Ocean Advanced Resources Co Ltd is an investment holding company that is engaged in the coal mining business. The Group has one reportable operating segment which is the Coal Mining Business. Majority of its revenue is generated from PRC except Hong Kong.

Executives

Cao Min	2201 Interest of corporation controlled by you
Yuan Nian Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Sungold Developments Group Limited	2101 Beneficial owner
Ninetynine Technology Service Limited	2101 Beneficial owner
Liu Chang Deng	2101 Beneficial owner
Xiao Bingnan	2101 Beneficial owner
Blossom International Investment Holdings Limited	2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited	2101 Beneficial owner
Yang Fang	2201 Interest of corporation controlled by you

Grand Ocean Advanced Resources Co (HKSE:00065) Headlines

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