Travel Expert (Asia) Enterprises (HKSE:01235) Scaled Net Operating Assets : -0.18 (As of Sep. 2023)

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

What is Travel Expert (Asia) Enterprises 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.

Travel Expert (Asia) Enterprises's operating assets for the quarter that ended in Sep. 2023 was HK$50.40 Mil. Travel Expert (Asia) Enterprises's operating liabilities for the quarter that ended in Sep. 2023 was HK$69.43 Mil. Travel Expert (Asia) Enterprises's Total Assets for the quarter that ended in Mar. 2023 was HK$105.36 Mil. Therefore, Travel Expert (Asia) Enterprises's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -0.18.

Travel Expert (Asia) Enterprises Scaled Net Operating Assets Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises Scaled Net Operating Assets Chart

Travel Expert (Asia) Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.10

0.28

0.06

-0.08

Travel Expert (Asia) Enterprises Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.06	-	-0.01	-0.08	-0.18

Competitive Comparison of Travel Expert (Asia) Enterprises's Scaled Net Operating Assets

For the Travel Services subindustry, Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises's Scaled Net Operating Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Travel Expert (Asia) Enterprises's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Travel Expert (Asia) Enterprises's Scaled Net Operating Assets falls into.

Travel Expert (Asia) Enterprises 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.

Travel Expert (Asia) Enterprises's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(31.16	-	38.279)	/	89.987
=	-0.08

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	105.361	-	74.201
=	31.16

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	45.766	-	2.137	-	5.35
=	38.279

Travel Expert (Asia) Enterprises's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(50.398	-	69.429)	/	105.361
=	-0.18

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	141.562	-	91.164
=	50.398

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	80.302	-	4.536	-	6.337
=	69.429

Travel Expert (Asia) Enterprises Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Travel Expert (Asia) Enterprises's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel Expert (Asia) Enterprises Ltd (HKSE:01235) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG

Website

https://www.tegroup.com.hk

Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

Travel Expert (Asia) Enterprises (HKSE:01235) Headlines

No Headlines