Hong Kong Finance Group (HKSE:01273) Scaled Net Operating Assets : 0.88 (As of Sep. 2024)

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What is Hong Kong Finance 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.

Hong Kong Finance Group's operating assets for the quarter that ended in Sep. 2024 was HK$1,080.6 Mil. Hong Kong Finance Group's operating liabilities for the quarter that ended in Sep. 2024 was HK$79.2 Mil. Hong Kong Finance Group's Total Assets for the quarter that ended in Mar. 2024 was HK$1,135.0 Mil. Therefore, Hong Kong Finance Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.88.

Hong Kong Finance 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.

Hong Kong Finance Group'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 )
=	(1106.195	-	72.038)	/	1126.206
=	0.92

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1134.998	-	28.803
=	1106.195

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	318.38	-	246.342	-	0
=	72.038

Hong Kong Finance Group'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 )
=	(1080.577	-	79.156)	/	1134.998
=	0.88

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1112.821	-	32.244
=	1080.577

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	277.239	-	198.083	-	0
=	79.156

* 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.

Hong Kong Finance Group Scaled Net Operating Assets Related Terms

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Hong Kong Finance Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Kong Finance Group Ltd (HKSE:01273) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Lippo Centre, Unit 3410, 34th Floor, Tower II, Admirality, Hong Kong, HKG

Website

https://www.hkfinance.hk

Hong Kong Finance Group Ltd is an investment holding company. The company's operating segment includes Property mortgage loans and Personal loans. It generates maximum revenue from the Property mortgage loans segment. Geographically, it derives revenue from Hong Kong. The company also earns revenue from the interest income earned through the money lending business of providing property mortgage loans and personal loans in Hong Kong It provides diversified property mortgage services, which can be applied for residential, industrial and commercial buildings, shops, and parking spaces.

Executives

Chan Kwong Yin William	2101 Beneficial owner
Chan Koung Nam	2101 Beneficial owner
Tin Ching Holdings Limited	2101 Beneficial owner