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Cinda Securities Co (SHSE:601059) Scaled Net Operating Assets : 0.16 (As of Mar. 2024)


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What is Cinda 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.

Cinda Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥42,917 Mil. Cinda Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥30,759 Mil. Cinda Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥77,924 Mil. Therefore, Cinda Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.16.


Cinda 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.

Cinda 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 )
=(44759.841-30645.887)/65750.409
=0.21

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=77923.772 - 33163.931
=44759.841

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59583.952 - 28938.065 - 0
=30645.887

Cinda 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 )
=(42917.104-30759.234)/77923.772
=0.16

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=76037.426 - 33120.322
=42917.104

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=57517.151 - 26757.917 - 0
=30759.234

* 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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Cinda Securities Co (SHSE:601059) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Naoshikou Street, Building 1, Courtyard, Xicheng District, Beijing, CHN, 100031
Cinda Securities Co Ltd offers securities services. It provides securities brokerage; securities investment consulting; financial advisors related to securities trading and securities investment activities; securities underwriting and sponsorship; securities self-operation; securities asset management; margin financing and securities lending and agency sales of financial products.