GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China New Economy Fund Ltd (HKSE:00080) » Definitions » Scaled Net Operating Assets

China New Economy Fund (HKSE:00080) Scaled Net Operating Assets : 0.05 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is China New Economy Fund 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.

China New Economy Fund's operating assets for the quarter that ended in Dec. 2023 was HK$11.59 Mil. China New Economy Fund's operating liabilities for the quarter that ended in Dec. 2023 was HK$3.95 Mil. China New Economy Fund's Total Assets for the quarter that ended in Jun. 2023 was HK$154.98 Mil. Therefore, China New Economy Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.05.


China New Economy Fund Scaled Net Operating Assets Historical Data

The historical data trend for China New Economy Fund'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.

China New Economy Fund Scaled Net Operating Assets Chart

China New Economy Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.02 0.04 -0.01 0.05

China New Economy Fund 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 -0.01 0.02 0.05

Competitive Comparison of China New Economy Fund's Scaled Net Operating Assets

For the Asset Management subindustry, China New Economy Fund'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.


China New Economy Fund's Scaled Net Operating Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China New Economy Fund's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China New Economy Fund's Scaled Net Operating Assets falls into.



China New Economy Fund 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.

China New Economy Fund'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 )
=(11.593-3.947)/149.407
=0.05

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=95.243 - 83.65
=11.593

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.405 - 0.198 - 1.26
=3.947

China New Economy Fund'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 )
=(11.593-3.947)/154.983
=0.05

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=95.243 - 83.65
=11.593

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.405 - 0.198 - 1.26
=3.947

* 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.


China New Economy Fund Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of China New Economy Fund's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


China New Economy Fund (HKSE:00080) Business Description

Traded in Other Exchanges
N/A
Address
50 Wing Lok Street, 22 Floor, CS Tower, Sheung Wan, Hong Kong, HKG
China New Economy Fund Ltd is a Hong Kong-based company principally engaged in investment. The principal investment objective of the Company is to achieve long-term capital appreciation through investing in private or listed enterprises in China, Hong Kong, Macau, and Taiwan. The Company operates through two segments. The Listed Securities segment is engaged in investment in listed securities. The Unlisted Securities segment is engaged in investment in private equity funds and private equities. The investment manager of the Company is China Everbright Securities (HK) Limited.
Executives
Sunwah Tongfang Limited 2201 Interest of corporation controlled by you
Gold Pond International Limited 2101 Beneficial owner
Luo Yan 2201 Interest of corporation controlled by you
Sui Xiao Chun 2101 Beneficial owner
Li Kun Jin 2201 Interest of corporation controlled by you
Wei Cheng Ke Ji Tou Zi Kong Gu Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Festival Developments Limited 2201 Interest of corporation controlled by you
Kingsway Lion Spur Technology Limited 2101 Beneficial owner
Sunwah Kingsway Capital Holdings Limited 2201 Interest of corporation controlled by you
Choi Koon Shum 2201 Interest of corporation controlled by you
Yang Kun 2101 Beneficial owner
Cas International Investment Management Company Limited 2201 Interest of corporation controlled by you
Cas International Investments Holdings Co., Limited 2201 Interest of corporation controlled by you
China Science International Investment Company Limited 2201 Interest of corporation controlled by you
Jiang Lei 2201 Interest of corporation controlled by you

China New Economy Fund (HKSE:00080) Headlines

No Headlines