Chenqi Technology (HKSE:09680) Scaled Net Operating Assets : -2.23 (As of Jun. 2024)

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What is Chenqi Technology 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.

Chenqi Technology's operating assets for the quarter that ended in Jun. 2024 was HK$329 Mil. Chenqi Technology's operating liabilities for the quarter that ended in Jun. 2024 was HK$2,579 Mil. Chenqi Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$1,010 Mil. Therefore, Chenqi Technology's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -2.23.

Chenqi Technology Scaled Net Operating Assets Historical Data

The historical data trend for Chenqi Technology'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.

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Chenqi Technology Scaled Net Operating Assets Chart

Chenqi Technology Annual Data

Trend

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-1.08

-6.03

-2.52

Chenqi Technology Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Scaled Net Operating Assets	-1.08	-6.03	-	-	-2.23

Competitive Comparison of Chenqi Technology's Scaled Net Operating Assets

For the Rental & Leasing Services subindustry, Chenqi Technology'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.

Chenqi Technology's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Chenqi Technology's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Chenqi Technology's Scaled Net Operating Assets falls into.

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Chenqi Technology 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.

Chenqi Technology'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 )
=	(339.266	-	2498.457)	/	857.123
=	-2.52

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1009.597	-	670.331
=	339.266

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2573.88	-	26.159	-	49.264
=	2498.457

Chenqi Technology'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 )
=	(329.214	-	2578.603)	/	1009.597
=	-2.23

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	730.808	-	401.594
=	329.214

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2616.788	-	14.312	-	23.873
=	2578.603

Chenqi Technology Scaled Net Operating Assets Related Terms

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Chenqi Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Chenqi Technology Ltd (HKSE:09680) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kaitai Avenue, No. 30-4, Huangpu District, Guangdong Province, Guangzhou, CHN

Website

https://www.ruqimobility.com

Chenqi Technology Ltd a mobility service company in China primarily offering ride-hailing services. It serve and connect various participants of the mobility industry including the riders, drivers, automobile OEMs, vehicle service providers and autonomous driving solution providers, The company operates three reportable segments: Mobility services business, Technology services business and Fleet sale and maintenance business. Key revenue is generated from Mobility services business which includes provision of ride-hailing services, Robotaxi services, hitch services and other related services.

Executives

Tencent Holdings Limited
Tencent Mobility Limited
Guangzhou Automobile Industry Group Co., Ltd.	2201 Interest of corporation controlled by you
China Lounge Investments Limited	2101 Beneficial owner
Guangzhou Automobile Group Co., Ltd.	2201 Interest of corporation controlled by you
Didi Global Inc.	2201 Interest of corporation controlled by you
Hongkong Pony Ai Limited	2101 Beneficial owner
Peng Jun	2201 Interest of corporation controlled by you
Pony Ai Inc.	2201 Interest of corporation controlled by you

Chenqi Technology Headlines

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