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Ares Asia (HKSE:00645) Scaled Net Operating Assets : 0.50 (As of Sep. 2024)


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What is Ares Asia 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.

Ares Asia's operating assets for the quarter that ended in Sep. 2024 was HK$34.5 Mil. Ares Asia's operating liabilities for the quarter that ended in Sep. 2024 was HK$4.1 Mil. Ares Asia's Total Assets for the quarter that ended in Mar. 2024 was HK$61.2 Mil. Therefore, Ares Asia's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.50.


Ares Asia Scaled Net Operating Assets Historical Data

The historical data trend for Ares Asia'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.

Ares Asia Scaled Net Operating Assets Chart

Ares Asia Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 1.11 0.02 0.04 0.04

Ares Asia Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.06 0.18 0.07 0.50

Competitive Comparison of Ares Asia's Scaled Net Operating Assets

For the Thermal Coal subindustry, Ares Asia'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.


Ares Asia's Scaled Net Operating Assets Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ares Asia's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ares Asia's Scaled Net Operating Assets falls into.


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Ares Asia 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.

Ares Asia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(12.243-5.68)/150.452
=0.04

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=61.199 - 48.956
=12.243

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.767 - 0 - 1.087
=5.68

Ares Asia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Mar. 2024 )
=(34.507-4.075)/61.199
=0.50

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.08 - 21.573
=34.507

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.95 - 0.935 - 1.94
=4.075

* 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.


Ares Asia Scaled Net Operating Assets Related Terms

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Ares Asia Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
Executives
Reignwood International Holdings Company Limited 2101 Beneficial owner
Ruayrungruang Chanchai 2201 Interest of corporation controlled by you

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