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Qian Xun Technology (HKSE:01640) Scaled Net Operating Assets : 0.51 (As of Jun. 2024)


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What is Qian Xun Technology 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.

Qian Xun Technology's operating assets for the quarter that ended in Jun. 2024 was HK$606.9 Mil. Qian Xun Technology's operating liabilities for the quarter that ended in Jun. 2024 was HK$288.0 Mil. Qian Xun Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$629.6 Mil. Therefore, Qian Xun Technology's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.51.


Qian Xun Technology Scaled Net Operating Assets Historical Data

The historical data trend for Qian Xun Technology'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.

Qian Xun Technology Scaled Net Operating Assets Chart

Qian Xun Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.60 0.76 0.72 0.54 0.34

Qian Xun Technology Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.50 0.65 0.58 0.51 0.33

Competitive Comparison of Qian Xun Technology's Scaled Net Operating Assets

For the Advertising Agencies subindustry, Qian Xun Technology'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.


Qian Xun Technology's Scaled Net Operating Assets Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Qian Xun Technology's Scaled Net Operating Assets falls into.


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Qian Xun Technology 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.

Qian Xun Technology'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 )
=(610.112-266.772)/641.179
=0.54

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=629.64 - 19.528
=610.112

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=429.727 - 32.813 - 130.142
=266.772

Qian Xun Technology'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 )
=(606.921-288.003)/629.64
=0.51

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=647.43 - 40.509
=606.921

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=406.19 - 22.392 - 95.795
=288.003

* 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.


Qian Xun Technology Scaled Net Operating Assets Related Terms

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Qian Xun Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 136 Zhongkang Road, 6th Floor, Building 1, Shenzhen New Generation Industrial Park, Meilin Street, Futian District, Shenzhen, CHN
Qian Xun Technology Ltd is a service provider in the pre-owned digital device trading sector, is dedicated to secondhand electronics transactions through AI technology and SaaS platforms, addressing surging market demand amid value-conscious consumption trends. It has recycling of pre-owned 3C products via multiple channels, including its online platform, self-service kiosks at partner locations, and company-owned retail stores. Leveraging AI and SaaS capabilities, it delivers end-to-end solutions such as precision pricing, intelligent omnichannel distribution, and inventory optimization, enhancing transaction efficiency and profitability margins across the ecosystem.
Executives
Sang Kangqiao 2101 Beneficial owner
Li Ye 2101 Beneficial owner
Wang Pingpin 2201 Interest of corporation controlled by you
Wang Lei 2201 Interest of corporation controlled by you
Li Na 2201 Interest of corporation controlled by you
Wang Xin 2201 Interest of corporation controlled by you
Zhang Miao 2202 Interest of your spouse
Ying Heng You Xian Gong Si 2101 Beneficial owner
Shi Rui 2202 Interest of your spouse
Ju Jia You Xian Gong Si 2101 Beneficial owner
Rui Cheng Tian He You Xian Gong Si 2101 Beneficial owner
You Yi You Xian Gong Si 2101 Beneficial owner
Wei Chun Lei 2202 Interest of your spouse

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