GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hua Xia Bank Co Ltd (SHSE:600015) » Definitions » Scaled Net Operating Assets

Hua Xia Bank Co (SHSE:600015) Scaled Net Operating Assets : 0.21 (As of Sep. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Hua Xia Bank 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.

Hua Xia Bank Co's operating assets for the quarter that ended in Sep. 2023 was ¥3,855,102 Mil. Hua Xia Bank Co's operating liabilities for the quarter that ended in Sep. 2023 was ¥2,984,847 Mil. Hua Xia Bank Co's Total Assets for the quarter that ended in Jun. 2023 was ¥4,098,550 Mil. Therefore, Hua Xia Bank Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.21.


Hua Xia Bank 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.

Hua Xia Bank Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(3649273-2873624)/3676287
=0.21

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3900167 - 250894
=3649273

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3576845 - 703221 - 0
=2873624

Hua Xia Bank Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(3855102-2984847)/4098550
=0.21

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4104889 - 249787
=3855102

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3791959 - 807112 - 0
=2984847

* 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.


Hua Xia Bank Co Scaled Net Operating Assets Related Terms

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


Hua Xia Bank Co (SHSE:600015) Business Description

Traded in Other Exchanges
N/A
Address
22 Jianguomen Inner Street, Dongcheng District, Beijing, CHN, 100005
Hua Xia Bank Co Ltd is a commercial bank. It provides services in corporate banking, personal banking and businesses related to financial markets.