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JiangXi Bank Co (HKSE:01916) Scaled Net Operating Assets : 0.08 (As of Dec. 2023)


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What is JiangXi Bank Co 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.

JiangXi Bank Co's operating assets for the quarter that ended in Dec. 2023 was HK$546,718 Mil. JiangXi Bank Co's operating liabilities for the quarter that ended in Dec. 2023 was HK$500,258 Mil. JiangXi Bank Co's Total Assets for the quarter that ended in Jun. 2023 was HK$589,158 Mil. Therefore, JiangXi Bank Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.08.


JiangXi Bank Co 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.

JiangXi Bank Co'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 )
=(546717.713-500257.678)/575747.568
=0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=604143.696 - 57425.983
=546717.713

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=552153.632 - 51895.954 - 0
=500257.678

JiangXi Bank Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(546717.713-500257.678)/589158.397
=0.08

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=604143.696 - 57425.983
=546717.713

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=552153.632 - 51895.954 - 0
=500257.678

* 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.


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JiangXi Bank Co (HKSE:01916) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
JiangXi Bank Co Ltd operates as a commercial bank in China. The company's operating segments include Corporate banking; Retail banking and credit card; Financial markets business and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides a range of financial products and services to corporations, government agencies and financial institutions.