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China Success Finance Group Holdings (HKSE:03623) Scaled Net Operating Assets : 0.58 (As of Dec. 2023)


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What is China Success Finance 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.

China Success Finance Group Holdings's operating assets for the quarter that ended in Dec. 2023 was HK$614.02 Mil. China Success Finance Group Holdings's operating liabilities for the quarter that ended in Dec. 2023 was HK$195.39 Mil. China Success Finance Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$727.80 Mil. Therefore, China Success Finance Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.58.


China Success Finance 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.

China Success Finance 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 )
=(614.021-195.393)/825.863
=0.51

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=705.417 - 91.396
=614.021

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=385.917 - 190.524 - 0
=195.393

China Success Finance Group 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 )
=(614.021-195.393)/727.797
=0.58

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=705.417 - 91.396
=614.021

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=385.917 - 190.524 - 0
=195.393

* 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 Success Finance Group Holdings (HKSE:03623) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road East, 604 6th Floor, Tesbury Centre, Wanchai, Hong Kong, HKG
China Success Finance Group Holdings Ltd is an investment holding company. It is a guaranteed service provider offering financial and non-financial guarantee services, financial leasing, and financial consultancy services in China. The company's diversified business lines include asset management, fund management, investment and mergers and acquisitions, financial leasing, financing guarantee, overseas investment Capital, real estate finance, and microfinance The group operates two business segments: Financial services and Yangmianshan. The main business of Yangmianshan is sales of market hogs in the PRC business. The business operations of the company are carried out principally in the PRC.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Pang Haoquan 2401 A concert party to an agreement to buy shares
Xu Kaiying 2401 A concert party to an agreement to buy shares
Zhang Tiewei 2201 Interest of corporation controlled by you
Expert Depot Limited 2101 Beneficial owner
Novel Heritage Limited 2101 Beneficial owner
Bliss Success Investments Limited 2101 Beneficial owner
Chen Guoxian 2401 A concert party to an agreement to buy shares
He Darong
Bliss Success Investments Limited 2101 Beneficial owner