GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » VCredit Holdings Ltd (HKSE:02003) » Definitions » Scaled Net Operating Assets

VCredit Holdings (HKSE:02003) Scaled Net Operating Assets : 0.80 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is VCredit 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.

VCredit Holdings's operating assets for the quarter that ended in Dec. 2023 was HK$11,258 Mil. VCredit Holdings's operating liabilities for the quarter that ended in Dec. 2023 was HK$2,346 Mil. VCredit Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$11,078 Mil. Therefore, VCredit Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.80.

VCredit 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.

VCredit 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 )
=(11258.023-2345.871)/11282.656
=0.79

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13053.664 - 1795.641
=11258.023

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8494.148 - 6148.277 - 0
=2345.871

VCredit Holdings'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 )
=(11258.023-2345.871)/11077.899
=0.80

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13053.664 - 1795.641
=11258.023

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8494.148 - 6148.277 - 0
=2345.871

* 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.

VCredit Holdings Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of VCredit Holdings's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

VCredit Holdings (HKSE:02003) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » VCredit Holdings Ltd (HKSE:02003) » Definitions » Scaled Net Operating Assets
Comparable Companies
HKSE:01543 HKSE:03903 HKSE:03848 HKSE:00431 HKSE:01601 HKSE:08223 HKSE:00628 HKSE:00730 HKSE:06878 HKSE:06866 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
5R6:Germany
Address
19/F Two Pacific Place, Suite 1918, 88 Queensway, Hong Kong, HKG, 200085
Website
https://www.vcredit.com
VCredit Holdings Ltd is an investment holding company and has one operating segment. The Group is a technology-driven consumer financial service provider in the People's Republic of China. The Group offers tailored consumer finance products to prime and near-prime borrowers who are underserved by traditional financial institutions. The Group also offers consumer finance products by facilitating transactions between borrowers and financial institutions.
Executives
Yu Shu Investment Vcc - Rain Tree Asia Equity Fund 2101 Beneficial owner
Ma Ting Hung 2201 Interest of corporation controlled by you
Liu Sai Wang Stephen 2201 Interest of corporation controlled by you
Perfect Castle Development Limited 2101 Beneficial owner
Skyworld-best Limited 2101 Beneficial owner
Cavamont Holdings Limited 2201 Interest of corporation controlled by you
Kwok Chang Shiu Feng 2201 Interest of corporation controlled by you
Kwok Peter Viem 2201 Interest of corporation controlled by you
High Loyal Management Limited 2501 Other
Kwok Lim Ying 2201 Interest of corporation controlled by you
Magic Mount Limited 2101 Beneficial owner
Tpg Group Holdings (sbs), L.p. 2201 Interest of corporation controlled by you
Atlantis China Star Fund Ii Limited 2101 Beneficial owner
Tpg Holdings Iii-a, L.p. 2201 Interest of corporation controlled by you
Tpg Holdings Iii-a, Inc. 2201 Interest of corporation controlled by you