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Tongguan Gold Group (HKSE:00340) Scaled Net Operating Assets : 0.63 (As of Jun. 2024)


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What is Tongguan Gold 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.

Tongguan Gold Group's operating assets for the quarter that ended in Jun. 2024 was HK$4,414 Mil. Tongguan Gold Group's operating liabilities for the quarter that ended in Jun. 2024 was HK$1,534 Mil. Tongguan Gold Group's Total Assets for the quarter that ended in Dec. 2023 was HK$4,555 Mil. Therefore, Tongguan Gold Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.63.


Tongguan Gold Group Scaled Net Operating Assets Historical Data

The historical data trend for Tongguan Gold Group'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.

Tongguan Gold Group Scaled Net Operating Assets Chart

Tongguan Gold Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.58 0.53 0.79 0.65

Tongguan Gold Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.55 0.57 0.82 0.63 0.65

Competitive Comparison of Tongguan Gold Group's Scaled Net Operating Assets

For the Gold subindustry, Tongguan Gold Group'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.


Tongguan Gold Group's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tongguan Gold Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tongguan Gold Group's Scaled Net Operating Assets falls into.


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Tongguan Gold 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.

Tongguan Gold 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 )
=(4396.973-1528.082)/3650.157
=0.79

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4554.86 - 157.887
=4396.973

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2093.441 - 119.937 - 445.422
=1528.082

Tongguan Gold 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 )
=(4414.22-1533.578)/4554.86
=0.63

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4609.167 - 194.947
=4414.22

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2068.615 - 14.329 - 520.708
=1533.578

* 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.


Tongguan Gold Group Scaled Net Operating Assets Related Terms

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Tongguan Gold Group Business Description

Traded in Other Exchanges
N/A
Address
12 Harcourt Road, Room 1306, 13th Floor, Bank of America Tower, Admiralty, Hong Kong, HKG
Tongguan Gold Group Ltd operates as an investment holding company. It operates through one segment, the Gold mining operation, that engages in the exploration, mining, processing, and sale of gold concentrates and related products. All of its revenues come from the PRC.
Executives
Fung Wai Enterprises Ltd. 2101 Beneficial owner
Lin Eddie Chang 2201 Interest of corporation controlled by you
Goldbell Holdings Limited 2201 Interest of corporation controlled by you
Jiang Wei 2201 Interest of corporation controlled by you
Jin Ding Investment Limited 2201 Interest of corporation controlled by you
Qinlong Jinxin Mining Investment Limited 2101 Beneficial owner
Lam Yuk Ying 2101 Beneficial owner
Chen Dengguang 2101 Beneficial owner
Huang Aidong 2201 Interest of corporation controlled by you
Profit Linkage Enterprises Limited 2101 Beneficial owner
Golden Blossom Investment Limited 2101 Beneficial owner
Hu Jianzhong 2201 Interest of corporation controlled by you
Ho Ping Tanya 2101 Beneficial owner
Lin Yuhua 2201 Interest of corporation controlled by you
Supreme Success Group Limited 2101 Beneficial owner

Tongguan Gold Group Headlines

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