GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (OTCPK:HLPPF) » Definitions » Scaled Net Operating Assets

HLPPF (Hang Lung Properties) Scaled Net Operating Assets : 0.87 (As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Hang Lung Properties 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.

Hang Lung Properties's operating assets for the quarter that ended in Jun. 2024 was $27,192 Mil. Hang Lung Properties's operating liabilities for the quarter that ended in Jun. 2024 was $3,014 Mil. Hang Lung Properties's Total Assets for the quarter that ended in Dec. 2023 was $27,824 Mil. Therefore, Hang Lung Properties's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.87.


Hang Lung Properties Scaled Net Operating Assets Historical Data

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties Scaled Net Operating Assets Chart

Hang Lung Properties 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 0.94 0.91 0.89 0.82 0.88

Hang Lung Properties Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.83 0.86 0.85 0.89 0.87

Competitive Comparison of Hang Lung Properties's Scaled Net Operating Assets

For the Real Estate Services subindustry, Hang Lung Properties'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.


Hang Lung Properties's Scaled Net Operating Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Properties's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's Scaled Net Operating Assets falls into.



Hang Lung Properties 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.

Hang Lung Properties'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 )
=(27138.979-3098.286)/27318.828
=0.88

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27824.272 - 685.293
=27138.979

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9626.239 - 5956.363 - 571.59
=3098.286

Hang Lung Properties'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 )
=(27191.55-3014.341)/27824.272
=0.87

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28033.163 - 841.613
=27191.55

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9864.149 - 6076.697 - 773.111
=3014.341

* 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.


Hang Lung Properties Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Hang Lung Properties's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Hang Lung Properties Business Description

Traded in Other Exchanges
Address
4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hung Lung Properties primarily operates in Mainland China and Hong Kong where it develops and invests in a portfolio of commercial properties for rental income, as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 63% owned by Hang Lung Group.