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Future Bright Mining Holdings (HKSE:02212) Scaled Net Operating Assets : 0.50 (As of Jun. 2024)


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What is Future Bright Mining 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.

Future Bright Mining Holdings's operating assets for the quarter that ended in Jun. 2024 was HK$131.8 Mil. Future Bright Mining Holdings's operating liabilities for the quarter that ended in Jun. 2024 was HK$56.0 Mil. Future Bright Mining Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$150.8 Mil. Therefore, Future Bright Mining Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.50.


Future Bright Mining Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Future Bright Mining 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.

Future Bright Mining Holdings Scaled Net Operating Assets Chart

Future Bright Mining Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.46 0.43 1.06 0.55

Future Bright Mining Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.47 1.09 0.50 0.46

Competitive Comparison of Future Bright Mining Holdings's Scaled Net Operating Assets

For the Building Materials subindustry, Future Bright Mining 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.


Future Bright Mining Holdings's Scaled Net Operating Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Future Bright Mining Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Future Bright Mining Holdings's Scaled Net Operating Assets falls into.


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Future Bright Mining 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.

Future Bright Mining 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 )
=(136.42-48.895)/82.733
=1.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=150.776 - 14.356
=136.42

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.504 - 63.575 - 2.034
=48.895

Future Bright Mining 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 )
=(131.802-56.03)/150.776
=0.50

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=179.83 - 48.028
=131.802

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=119.883 - 50.283 - 13.57
=56.03

* 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.


Future Bright Mining Holdings Scaled Net Operating Assets Related Terms

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Future Bright Mining Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 207 Shuijing Avenue, Chengguan Town, Nanzhang County, Hubei Province, Xiangyang, CHN
Future Bright Mining Holdings Ltd is a marble mining company. It has been focusing on developing the Yiduoyan Project, which is an open-pit mine located in the Hubei Province of the PRC. The company operates in two segments, namely the Marble Block segment, which supplies marble blocks mainly for further processing, construction, or trading; and the Commodity Trading segment, which conducts the trading business of commodities. It derives revenue from the Commodity trading segment. All of its revenue is derived from Mainland China.
Executives
Golden Convergence Holdings Group Limited 2101 Beneficial owner
Golden Convergence Investment Limited 2201 Interest of corporation controlled by you
Wu Yan Nancy 2201 Interest of corporation controlled by you
Sun Hailong 2101 Beneficial owner
Zhang Caihong 2202 Interest of your spouse
Zhong Ke Jiu Tai Resources Use Technology Holdings Company Limited 2201 Interest of corporation controlled by you
Zhong Ke Jiu Tai Technology Group Limited 2101 Beneficial owner
Li Yuguo 2201 Interest of corporation controlled by you
Ge Limin 2101 Beneficial owner

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