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SMIT Holdings (HKSE:02239) Scaled Net Operating Assets : 0.71 (As of Jun. 2024)


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What is SMIT 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.

SMIT Holdings's operating assets for the quarter that ended in Jun. 2024 was HK$1,241.1 Mil. SMIT Holdings's operating liabilities for the quarter that ended in Jun. 2024 was HK$147.3 Mil. SMIT Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,530.2 Mil. Therefore, SMIT Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.71.


SMIT Holdings Scaled Net Operating Assets Historical Data

The historical data trend for SMIT 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.

SMIT Holdings Scaled Net Operating Assets Chart

SMIT 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 0.38 0.66 0.65 0.84 0.63

SMIT Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only 0.56 0.86 0.67 0.73 0.72

Competitive Comparison of SMIT Holdings's Scaled Net Operating Assets

For the Security & Protection Services subindustry, SMIT 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.


SMIT Holdings's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SMIT Holdings's Scaled Net Operating Assets distribution charts can be found below:

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



SMIT 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.

SMIT 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 )
=(1403.725-184.101)/1924.823
=0.63

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1530.244 - 126.519
=1403.725

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=190.887 - 2.116 - 4.67
=184.101

SMIT 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 )
=(1241.055-147.312)/1530.244
=0.71

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1372.568 - 131.513
=1241.055

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=160.886 - 6.896 - 6.678
=147.312

* 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.


SMIT Holdings Scaled Net Operating Assets Related Terms

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SMIT Holdings Business Description

Traded in Other Exchanges
N/A
Address
16 Science Park East Avenue, 1st Floor, Harbour View 2, Hong Kong Science Park Shatin, New Territories, Hong Kong, HKG
SMIT Holdings Ltd is an investment holding company. The Company operates as one security device provider for pay television (TV) broadcasting access worldwide and for mobile point-of-sale (mPOS), or mPOS payment systems in China. The Company's mPOS products are designed to be used primarily by business enterprises for secure and convenient payment transactions. It sells its mPOS devices in China to hardware-based mobile payment service providers, which utilize its mPOS devices in conjunction with their own mobile applications to enable end users to make mobile payment transactions. The Company's conditional access modules, or conditional access module (CAM) products are used to provide end users with access to pay TV content.
Executives
Zhang Shiyun 2202 Interest of your spouse
Ever Expert Holdings Limited 2101 Beneficial owner
Huang Xueliang 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Guo Wei Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you

SMIT Holdings Headlines

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