Chongqing Hongjiu Fruit Co (HKSE:06689) Scaled Net Operating Assets: 0.98 (As of Jun. 2023)

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HKSE:06689 Chongqing Hongjiu Fruit Co Ltd HKSE:06689
27 GF Score
Price HK$1.74
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What is Chongqing Hongjiu Fruit Co Scaled Net Operating Assets?

Chongqing Hongjiu Fruit Co HKSE:06689 27 Scaled Net Operating Assets is 0.98 as of Jun. 2023. GuruFocus rates HKSE:06689 with a GF Score™ of 27/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Chongqing Hongjiu Fruit Co's operating assets for the quarter that ended in Jun. 2023 was HK$11,739 Mil. Chongqing Hongjiu Fruit Co's operating liabilities for the quarter that ended in Jun. 2023 was HK$1,023 Mil. Chongqing Hongjiu Fruit Co's Total Assets for the quarter that ended in Dec. 2022 was HK$10,902 Mil. Therefore, Chongqing Hongjiu Fruit Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.98.

Chongqing Hongjiu Fruit Co Scaled Net Operating Assets Historical Data

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The historical data trend for Chongqing Hongjiu Fruit 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.

Chongqing Hongjiu Fruit Co Scaled Net Operating Assets Chart

Chongqing Hongjiu Fruit Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
-0.22 -0.23 1.43 1.36

Chongqing Hongjiu Fruit Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.00 1.13 1.02 0.98

HKSE:06689 vs SYY, USFD, PFGC: Scaled Net Operating Assets Comparison

For the Food Distribution subindustry, Chongqing Hongjiu Fruit 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.

Chongqing Hongjiu Fruit Co Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Chongqing Hongjiu Fruit Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Chongqing Hongjiu Fruit Co's Scaled Net Operating Assets falls into.


HKSE:06689
27GF Score
Chongqing Hongjiu Fruit Co Ltd HKSE:06689
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Hongjiu Fruit 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.

Chongqing Hongjiu Fruit Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(10734.553-1133.151)/7048.176
=1.36

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10902.259 - 167.706
=10734.553

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3779.699 - 67.387 - 2579.161
=1133.151

Chongqing Hongjiu Fruit Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Dec. 2022 )
=(11738.548-1023.05)/10902.259
=0.98

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12347.241 - 608.693
=11738.548

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4154.241 - 55.574 - 3075.617
=1023.05

* 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.

What does a Scaled Net Operating Assets of 0.98 mean?
Chongqing Hongjiu Fruit Co (HKSE:06689) has a Scaled Net Operating Assets of 0.98 as of Jun. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Chongqing Hongjiu Fruit Co and its competitors.
Is Chongqing Hongjiu Fruit Co's Scaled Net Operating Assets too high?
Chongqing Hongjiu Fruit Co's current Scaled Net Operating Assets is 0.98. Overall, Chongqing Hongjiu Fruit Co has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Chongqing Hongjiu Fruit Co's Scaled Net Operating Assets compare to SYY and USFD?
Chongqing Hongjiu Fruit Co's Scaled Net Operating Assets of 0.98 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Retail - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Chongqing Hongjiu Fruit Co and its competitors. Chongqing Hongjiu Fruit Co's current Scaled Net Operating Assets is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Hongjiu Fruit Co stock overvalued right now?
Chongqing Hongjiu Fruit Co (HKSE:06689) has a current Scaled Net Operating Assets of 0.98. The current Scaled Net Operating Assets is 0.98. Chongqing Hongjiu Fruit Co's overall GF Score™ is 27/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Chongqing Hongjiu Fruit Co (HKSE:06689), the current Scaled Net Operating Assets is 0.98 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Chongqing Hongjiu Fruit Co Business Description

Address No. 3, Donghu South Road, 24th Floor, Block B, China Railway Fenghui, Yubei District, Chongqing, CHN
Chongqing Hongjiu Fruit Co Ltd is a fast-growing and multi-brand fruit company in China with an end-to-end supply chain. It focuses on managing the entire supply chain for quality fruits grown in China, Thailand and Vietnam.
27GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.74
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