Gome Finance Technology Co (HKSE:00628) Scaled Net Operating Assets : 1.30 (As of Jun. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Gome Finance Technology 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.

Gome Finance Technology Co's operating assets for the quarter that ended in Jun. 2024 was HK$2,472.2 Mil. Gome Finance Technology Co's operating liabilities for the quarter that ended in Jun. 2024 was HK$59.3 Mil. Gome Finance Technology Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,861.8 Mil. Therefore, Gome Finance Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 1.30.

Gome Finance Technology 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.

Gome Finance Technology 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 )
=	(1550.785	-	19.08)	/	2273.584
=	0.67

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1861.837	-	311.052
=	1550.785

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	19.7	-	0.62	-	0
=	19.08

Gome Finance Technology Co'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 )
=	(2472.22	-	59.333)	/	1861.837
=	1.30

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2681.287	-	209.067
=	2472.22

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	59.642	-	0.309	-	0
=	59.333

* 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.

Gome Finance Technology Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Gome Finance Technology Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Gome Finance Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Gome Finance Technology Co Ltd (HKSE:00628) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Finance Street, Central, Suite 2912, 29th Floor, Two International Finance Centre, Hong Kong, HKG

Website

https://www.gomejr.com

Gome Finance Technology Co Ltd is an investment holding company. The company's core business includes commercial factoring, financial leasing, personal property pawn loans, and money leading business. Its operating segments include Commercial factoring, Finance lease, and other financing services. The company generates maximum revenue from the Commercial factoring services segment. Geographically, it derives the majority of revenue from Mainland China.

Executives

Mega Bright Capital Resources Limited	2101 Beneficial owner
Du Juan	2202 Interest of your spouse
Wong Kwong Yu	2201 Interest of corporation controlled by you
Ko Chun Shun, Johnson	2201 Interest of corporation controlled by you
Richlane Ventures Limited	2101 Beneficial owner