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Bright Future Technology Holdings (HKSE:01351) Scaled Net Operating Assets : 0.62 (As of Jun. 2024)


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What is Bright Future Technology Holdings 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.

Bright Future Technology Holdings's operating assets for the quarter that ended in Jun. 2024 was HK$502.9 Mil. Bright Future Technology Holdings's operating liabilities for the quarter that ended in Jun. 2024 was HK$179.4 Mil. Bright Future Technology Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$523.6 Mil. Therefore, Bright Future Technology Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.62.


Bright Future Technology Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Bright Future Technology Holdings'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.

Bright Future Technology Holdings Scaled Net Operating Assets Chart

Bright Future Technology Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.55 0.89 0.48 0.29 0.76

Bright Future Technology Holdings Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.45 0.76 0.66 0.62

Competitive Comparison of Bright Future Technology Holdings's Scaled Net Operating Assets

For the Advertising Agencies subindustry, Bright Future Technology Holdings'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.


Bright Future Technology Holdings's Scaled Net Operating Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bright Future Technology Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Bright Future Technology Holdings's Scaled Net Operating Assets falls into.


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Bright Future Technology Holdings 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.

Bright Future Technology Holdings'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 )
=(474.143-170.54)/400.015
=0.76

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=523.572 - 49.429
=474.143

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=362.448 - 35.397 - 156.511
=170.54

Bright Future Technology Holdings'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 )
=(502.913-179.4)/523.572
=0.62

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=512.843 - 9.93
=502.913

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=335.769 - 32.787 - 123.582
=179.4

* 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.


Bright Future Technology Holdings Scaled Net Operating Assets Related Terms

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Bright Future Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
Xinghai Mingcheng Community, Rooms 201-02 & 201-03, Phase 7, Nantou Jiedao Nanshan District, Shenzhen, CHN
Bright Future Technology Holdings Ltd is a mobile advertising company offering one-stop and tailor-made advertising services to customers in China. It is engaged in the provision of intelligent marketing solutions services in the PRC. It offers customers comprehensive mobile advertising services from promotion planning, advertisement production, and placement to post-publication monitoring to optimize the promotional effectiveness for customers. Its customers have advertising needs at mobile internet media, either for maximizing exposure of their products through advertising or to achieve specific advertising results.
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Shen Ming 2201 Interest of corporation controlled by you
Hu Si Mian 2202 Interest of your spouse

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