Zhongtai Securities Co (SHSE:600918) Scaled Net Operating Assets : -0.02 (As of Mar. 2024)

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What is Zhongtai Securities 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.

Zhongtai Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥92,435 Mil. Zhongtai Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥95,686 Mil. Zhongtai Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥195,659 Mil. Therefore, Zhongtai Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.02.

Zhongtai Securities 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.

Zhongtai Securities 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 )
=	(91404.433	-	92789.208)	/	198893.935
=	-0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	195658.687	-	104254.254
=	91404.433

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	153330.557	-	60541.349	-	0
=	92789.208

Zhongtai Securities Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(92435.258	-	95686.082)	/	195658.687
=	-0.02

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	203683.063	-	111247.805
=	92435.258

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	161011.192	-	65325.11	-	0
=	95686.082

* 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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Zhongtai Securities Co (SHSE:600918) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 86 Jingqi Road, Shizhong District, Shandong Province, Jinan, CHN, 250001

Website

http://www.zts.com.cn

Zhongtai Securities Co Ltd is engaged in provision of securities brokerage; securities investment consulting; financial advisors related to securities trading and securities investment activities; securities underwriting and sponsorship; securities self-employment; financing and securities lending; securities investment fund consignment; consignment financial products; stock option market making; and securities investment fund custody services.