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Qingsong Health Co (ROCO:6931) Scaled Net Operating Assets : 0.81 (As of Jun. 2024)


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What is Qingsong Health 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.

Qingsong Health Co's operating assets for the quarter that ended in Jun. 2024 was NT$1,524.8 Mil. Qingsong Health Co's operating liabilities for the quarter that ended in Jun. 2024 was NT$155.6 Mil. Qingsong Health Co's Total Assets for the quarter that ended in Dec. 2023 was NT$1,684.2 Mil. Therefore, Qingsong Health Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.81.


Qingsong Health Co Scaled Net Operating Assets Historical Data

The historical data trend for Qingsong Health 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.

Qingsong Health Co Scaled Net Operating Assets Chart

Qingsong Health Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.76 0.89 0.79 0.77 0.73

Qingsong Health Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.76 0.71 0.68 0.73 0.81

Competitive Comparison of Qingsong Health Co's Scaled Net Operating Assets

For the Medical Care Facilities subindustry, Qingsong Health 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.


Qingsong Health Co's Scaled Net Operating Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Qingsong Health Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qingsong Health Co's Scaled Net Operating Assets falls into.



Qingsong Health 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.

Qingsong Health 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 )
=(1288.433-155.117)/1543.659
=0.73

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1684.229 - 395.796
=1288.433

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1027.366 - 802.045 - 70.204
=155.117

Qingsong Health 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 )
=(1524.822-155.575)/1684.229
=0.81

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1879.939 - 355.117
=1524.822

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1212.881 - 977.762 - 79.544
=155.575

* 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.


Qingsong Health Co Scaled Net Operating Assets Related Terms

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Qingsong Health Co Business Description

Traded in Other Exchanges
N/A
Address
No. 217, Section 3, Zhongtou West Road, Dali District, Taichung, TWN
Qingsong Health Co Ltd is an integrated health and medical care resource, that connects peers and cross-industry cross-domain cooperation. It has three segments Management and advisory segment engages in agent sales of medical consumables, equipment of long-term care to institutions, real estate leasing business, advisory of long-term care services, and related financial consulting services. The long-term care segment is involved in diversified care services such as care of disability, and the Decoration segment is engaged in the interior decoration business.

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