China New Higher Education Group (HKSE:02001) Scaled Net Operating Assets : 0.68 (As of Aug. 2024)

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What is China New Higher Education 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.

China New Higher Education Group's operating assets for the quarter that ended in Aug. 2024 was HK$10,501 Mil. China New Higher Education Group's operating liabilities for the quarter that ended in Aug. 2024 was HK$3,709 Mil. China New Higher Education Group's Total Assets for the quarter that ended in Feb. 2024 was HK$10,047 Mil. Therefore, China New Higher Education Group's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2024 was 0.68.

China New Higher Education Group Scaled Net Operating Assets Historical Data

The historical data trend for China New Higher Education Group'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.

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China New Higher Education Group Scaled Net Operating Assets Chart

China New Higher Education Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Aug20

Aug21

Aug22

Aug23

Aug24

Scaled Net Operating Assets

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0.62

0.97

0.65

0.55

0.68

China New Higher Education Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Scaled Net Operating Assets	Get a 7-Day Free Trial														0.62	0.64	0.57	0.68	0.68

Competitive Comparison of China New Higher Education Group's Scaled Net Operating Assets

For the Education & Training Services subindustry, China New Higher Education Group'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.

China New Higher Education Group's Scaled Net Operating Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Scaled Net Operating Assets falls into.

China New Higher Education 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.

China New Higher Education Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Aug. 2024 )
=	(Operating Assets (A: Aug. 2024 )	-	Operating Liabilities (A: Aug. 2024 ))	/	Total Assets (A: Aug. 2023 )
=	(10500.698	-	3709.28)	/	9979.649
=	0.68

where

	Operating Assets		(A: Aug. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	12017.153	-	1516.455
=	10500.698

	Operating Liabilities		(A: Aug. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7532.212	-	2197.474	-	1625.458
=	3709.28

China New Higher Education Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Aug. 2024 )
=	(Operating Assets (Q: Aug. 2024 )	-	Operating Liabilities (Q: Aug. 2024 ))	/	Total Assets (Q: Feb. 2024 )
=	(10500.698	-	3709.28)	/	10047.136
=	0.68

where

	Operating Assets		(Q: Aug. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	12017.153	-	1516.455
=	10500.698

	Operating Liabilities		(Q: Aug. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7532.212	-	2197.474	-	1625.458
=	3709.28

China New Higher Education Group Scaled Net Operating Assets Related Terms

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China New Higher Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China New Higher Education Group Ltd (HKSE:02001) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

8CN:Germany

Address

5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN

Website

https://www.xingaojiao.com

China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 139,000 for the academic year 2024/25. CNHE currently operates eight schools, up from only two schools in 2016.

Executives

Li Xiaoxuan	2101 Beneficial owner
Ubs Group Ag	2201 Interest of corporation controlled by you
Sunnyland Ventures Limited
Iq Eq Trustees (singapore) Pte. Ltd.	2301 Trustee
Lendit Holdings Limited	2201 Interest of corporation controlled by you
Elm Pacific Holdings Limited	2101 Beneficial owner
Aspire Education Management Co., Ltd.	2101 Beneficial owner
Tx Capital (hk) Limited	2102 Investment manager
Greenwoods Asset Management Hong Kong Limited	2102 Investment manager
Invest Partner Group Limited	2201 Interest of corporation controlled by you
Jiang Jinzhi	2201 Interest of corporation controlled by you
Aspire Education Technology Co., Ltd.	2101 Beneficial owner

China New Higher Education Group Headlines

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