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China Rongzhong Financial Holdings Co (HKSE:03963) Scaled Net Operating Assets : 0.66 (As of Sep. 2024)


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What is China Rongzhong Financial Holdings Co 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 Rongzhong Financial Holdings Co's operating assets for the quarter that ended in Sep. 2024 was HK$82.11 Mil. China Rongzhong Financial Holdings Co's operating liabilities for the quarter that ended in Sep. 2024 was HK$26.11 Mil. China Rongzhong Financial Holdings Co's Total Assets for the quarter that ended in Mar. 2024 was HK$84.69 Mil. Therefore, China Rongzhong Financial Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.66.


China Rongzhong Financial Holdings Co Scaled Net Operating Assets Historical Data

The historical data trend for China Rongzhong Financial Holdings Co'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.

China Rongzhong Financial Holdings Co Scaled Net Operating Assets Chart

China Rongzhong Financial Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.59 0.09 0.10 0.54

China Rongzhong Financial Holdings Co Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.17 0.12 0.47 0.59 0.66

Competitive Comparison of China Rongzhong Financial Holdings Co's Scaled Net Operating Assets

For the Credit Services subindustry, China Rongzhong Financial Holdings Co'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.


China Rongzhong Financial Holdings Co's Scaled Net Operating Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Rongzhong Financial Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Rongzhong Financial Holdings Co's Scaled Net Operating Assets falls into.


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China Rongzhong Financial Holdings Co 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 Rongzhong Financial Holdings Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(77.72-26.923)/93.635
=0.54

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=84.692 - 6.972
=77.72

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=66.954 - 1.785 - 38.246
=26.923

China Rongzhong Financial Holdings Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Mar. 2024 )
=(82.107-26.108)/84.692
=0.66

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=89.454 - 7.347
=82.107

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73.413 - 7.329 - 39.976
=26.108

* 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.


China Rongzhong Financial Holdings Co Scaled Net Operating Assets Related Terms

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China Rongzhong Financial Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Unit 3901, 89 Queensway, 39th floor, Tower One, Lippo Centre, Hong Kong, HKG
China Rongzhong Financial Holdings Co Ltd provides financial leasing services in the People's Republic of China. It operates in two segments Leasing services which include direct leasing and operating leases; and Debt collection and credit investigation services. It also provides advisory and consultancy services to its finance lease customers. Its revenue is derived from advisory income and interest income from the loan, government incentives, and bank interest income. The majority of the company's revenue from operations is derived from the People's Republic of China.
Executives
Kwok Gareth Wing-sien 2202 Interest of your spouse
Goldbond Group Holdings Limited 2101 Beneficial owner
Wong Yu Lung, Charles 2301 Trustee
Wong Fang Pik Chun 2301 Trustee
Wong Yatyee Michelle 2305 Beneficiary of a trust
Wong Jacqueline Yue Yee 2305 Beneficiary of a trust
Xie Xiaoqing
Yong Hua International Limited
Perfect Honour Limited 2101 Beneficial owner
Yeung Nam 2202 Interest of your spouse
Lee Cheuk Yin Dannis 2101 Beneficial owner
Zhao John Huan 2201 Interest of corporation controlled by you
Silver Creation Investments Limited 2101 Beneficial owner
Hony Managing Partners Limited 2201 Interest of corporation controlled by you
Hony Group Management Limited 2201 Interest of corporation controlled by you

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