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Sunshine Insurance Group Co (HKSE:06963) Scaled Net Operating Assets : -0.51 (As of Dec. 2024)


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What is Sunshine Insurance Group 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.

Sunshine Insurance Group Co's operating assets for the quarter that ended in Dec. 2024 was HK$229,634 Mil. Sunshine Insurance Group Co's operating liabilities for the quarter that ended in Dec. 2024 was HK$531,995 Mil. Sunshine Insurance Group Co's Total Assets for the quarter that ended in Jun. 2024 was HK$590,684 Mil. Therefore, Sunshine Insurance Group Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.51.


Sunshine Insurance Group 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.

Sunshine Insurance Group Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(614001.121-531995.366)/561858.901
=0.15

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=621160.93 - 7159.809
=614001.121

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=553456.642 - 21461.276 - 0
=531995.366

Sunshine Insurance Group Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Jun. 2024 )
=(229633.84-531995.366)/590684.337
=-0.51

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=621160.93 - 391527.09
=229633.84

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=553456.642 - 21461.276 - 0
=531995.366

* 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.


Sunshine Insurance Group Co Scaled Net Operating Assets Related Terms

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Sunshine Insurance Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7002, Hongli West Road, 17th Floor, Block A First World Plaza, Futian District, Shenzhen, CHN, 518034
Website
Sunshine Insurance Group Co Ltd is mainly engaged in the insurance business. The company has three operating segments; The life insurance segment offers a wide range of life insurance products mainly by Sunshine Life, The property and casualty insurance segment offers a wide range of property and casualty insurance products mainly by Sunshine P&C and Sunshine Surety, and Other businesses segment mainly provides corporation management and assets management services. It derives a majority of its revenue from the property and casualty insurance segment.
Executives
Hua Tai Zi Jin Tou Zi You Xian Ze Ren Gong Si
Hua Tai Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Hua Tai Rui Lian Bing Gou Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Hong Yu Zi Xun Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Tong 2201 Interest of corporation controlled by you
Chen Zhijie 2201 Interest of corporation controlled by you
Bei Jing Lin Qi Hao Rui Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Shan Rui Lian Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Jing Hua Tai Rui Lian Bing Gou Ji Jin Yi Hao You Xian He Huo 2201 Interest of corporation controlled by you
Nan Jing Rui Lian Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Jiang Su Tian Cheng Wu Ye Fa Zhan You Xian Ze Ren Gong Si 2101 Beneficial owner
Shen Zhen Qian Hai Rui Lian Qi Hao Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Xi Zang Hong Yu Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Precision Goal Inc.
Zhong Guo Shi You Hua Gong Ji Tuan You Xian Gong Si 2101 Beneficial owner