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Hong Wei (Asia) Holdings Co (HKSE:08191) Scaled Net Operating Assets : 0.82 (As of Jun. 2024)


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What is Hong Wei (Asia) 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.

Hong Wei (Asia) Holdings Co's operating assets for the quarter that ended in Jun. 2024 was HK$798.2 Mil. Hong Wei (Asia) Holdings Co's operating liabilities for the quarter that ended in Jun. 2024 was HK$166.9 Mil. Hong Wei (Asia) Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$774.3 Mil. Therefore, Hong Wei (Asia) Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.82.


Hong Wei (Asia) Holdings Co Scaled Net Operating Assets Historical Data

The historical data trend for Hong Wei (Asia) 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.

Hong Wei (Asia) Holdings Co Scaled Net Operating Assets Chart

Hong Wei (Asia) Holdings Co 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 0.83 0.78 0.89 0.76 0.83

Hong Wei (Asia) Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 0.82

Competitive Comparison of Hong Wei (Asia) Holdings Co's Scaled Net Operating Assets

For the Lumber & Wood Production subindustry, Hong Wei (Asia) 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.


Hong Wei (Asia) Holdings Co's Scaled Net Operating Assets Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Hong Wei (Asia) Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hong Wei (Asia) Holdings Co's Scaled Net Operating Assets falls into.


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Hong Wei (Asia) 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.

Hong Wei (Asia) Holdings Co'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 )
=(766.516-151.205)/745.245
=0.83

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=774.318 - 7.802
=766.516

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=522.915 - 170.301 - 201.409
=151.205

Hong Wei (Asia) Holdings Co'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 )
=(798.202-166.861)/774.318
=0.82

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=804.551 - 6.349
=798.202

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=543.782 - 148.134 - 228.787
=166.861

* 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.


Hong Wei (Asia) Holdings Co Scaled Net Operating Assets Related Terms

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Hong Wei (Asia) Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Tower 1, Admiralty Centre, Unit 603, 6th floor, Admiralty, Hong Kong, HKG
Hong Wei (Asia) Holdings Co Ltd is an investment holding company It is engaged in the manufacturing and selling of particleboards. Its products are mainly made of undersized log, wood branches and agriculture and forestry residues. The Company's primary markets are located in the People's Republic of China (the PRC) and other Asian countries.
Executives
City East Investments Limited
Mutual Benefits Enterprise Limited
Kaneko Hiroshi
Yanase Kenichi 2201 Interest of corporation controlled by you
Cheung Ngar Kwan 2202 Interest of your spouse
Wong Cheung Lok 2101 Beneficial owner

Hong Wei (Asia) Holdings Co Headlines

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