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Tian Chang Group Holdings (HKSE:02182) Scaled Net Operating Assets : 0.70 (As of Jun. 2024)


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What is Tian Chang Group 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.

Tian Chang Group Holdings's operating assets for the quarter that ended in Jun. 2024 was HK$804.2 Mil. Tian Chang Group Holdings's operating liabilities for the quarter that ended in Jun. 2024 was HK$121.5 Mil. Tian Chang Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$974.4 Mil. Therefore, Tian Chang Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.70.


Tian Chang Group Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Tian Chang Group 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.

Tian Chang Group Holdings Scaled Net Operating Assets Chart

Tian Chang Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.80 0.76 0.58 0.59

Tian Chang Group Holdings Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.60 0.66 0.70

Competitive Comparison of Tian Chang Group Holdings's Scaled Net Operating Assets

For the Conglomerates subindustry, Tian Chang Group 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.


Tian Chang Group Holdings's Scaled Net Operating Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tian Chang Group Holdings's Scaled Net Operating Assets falls into.


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Tian Chang Group 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.

Tian Chang Group 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 )
=(841.791-125.86)/1204.613
=0.59

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=974.381 - 132.59
=841.791

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=191.617 - 1.425 - 64.332
=125.86

Tian Chang Group 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 )
=(804.195-121.537)/974.381
=0.70

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=954.801 - 150.606
=804.195

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=193.26 - 7.515 - 64.208
=121.537

* 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.


Tian Chang Group Holdings Scaled Net Operating Assets Related Terms

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Tian Chang Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
55 Hoi Yuen Road, Workshop Unit 6, 13th Floor, Block B, Hoi Luen Industrial Centre, Kwun Tong, Hong Kong, HKG
Tian Chang Group Holdings Ltd is principally engaged in manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and in the PRC. It operates in the segments of Integrated plastic solutions segment, Electronic cigarette products segment, and Medical consumable products segment. The E-cigarettes products segment involves the manufacture and sales of e-cigarette products whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. It derives key revenue from the PRC.
Executives
Chan Tsan Lam 2101 Beneficial owner
Fung Suk Yee May 2202 Interest of your spouse
Cheng Chak 2101 Beneficial owner
Oceanic Green Group Limited
New Strength Ventures Limited 2101 Beneficial owner
Gold Alliance Ventures Limited 2101 Beneficial owner
New Straits Ventures Limited 2101 Beneficial owner

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