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China Minsheng Banking (SHSE:600016) Scaled Net Operating Assets : 0.14 (As of Dec. 2024)


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What is China Minsheng Banking 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.

China Minsheng Banking's operating assets for the quarter that ended in Dec. 2024 was ¥7,194,197 Mil. China Minsheng Banking's operating liabilities for the quarter that ended in Dec. 2024 was ¥6,125,433 Mil. China Minsheng Banking's Total Assets for the quarter that ended in Sep. 2024 was ¥7,698,010 Mil. Therefore, China Minsheng Banking's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.14.


China Minsheng Banking 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.

China Minsheng Banking's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(7194197-6125433)/7674965
=0.14

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7814969 - 620772
=7194197

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7158401 - 1032968 - 0
=6125433

China Minsheng Banking's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(7194197-6125433)/7698010
=0.14

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7814969 - 620772
=7194197

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7158401 - 1032968 - 0
=6125433

* 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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China Minsheng Banking Business Description

Traded in Other Exchanges
Address
No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031
Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange and the Hong Kong Exchange in 2000 and 2009, respectively. CMBC positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. The bank has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.
Executives
Zhang Jun Tong Supervisors
Chen Qiong senior management
Li Bin senior management
Bai Dan senior management
Zheng Wan Chun Directors, senior managers
Gao Ying Xin Director
Ou Yang Yong senior management
Guo Dong Supervisors
Lin Yun Shan senior management
Shi Jie senior management
Hu Qing Hua senior management
Zhang Yue Bo senior management
Yuan Gui Jun Directors, senior managers
Wang Jia Zhi Supervisors