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Industrial Bank Co (SHSE:601166) Scaled Net Operating Assets : 0.16 (As of Dec. 2024)


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What is Industrial 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.

Industrial Bank Co's operating assets for the quarter that ended in Dec. 2024 was ¥9,621,362 Mil. Industrial Bank Co's operating liabilities for the quarter that ended in Dec. 2024 was ¥8,015,134 Mil. Industrial Bank Co's Total Assets for the quarter that ended in Sep. 2024 was ¥10,307,428 Mil. Therefore, Industrial Bank Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.16.


Industrial 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.

Industrial Bank Co'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 )
=(9621362-8015134)/10158326
=0.16

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10507898 - 886536
=9621362

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9614287 - 1599153 - 0
=8015134

Industrial Bank Co'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 )
=(9621362-8015134)/10307428
=0.16

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10507898 - 886536
=9621362

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9614287 - 1599153 - 0
=8015134

* 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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Industrial Bank Co Business Description

Traded in Other Exchanges
N/A
Address
No. 398 Jiangbin Middle Avenue, Industrial Bank Building, Taijiang District, Fujian Province, Fuzhou, CHN, 350014
Industrial Bank was founded in 1988 and started as a regional bank in Fujian province. It has grown to become the second-largest joint-stock bank in China with more than CNY 10 trillion in assets as of December 2023. The bank offers a full range of commercial banking services. Its specialty is bank-bank cooperation. It also operates a proprietary "Yinyin platform" that offers complete financial service solutions to other financial institutions such as payments and settlements, wealth management, and technology output services.
Executives
Bao Luo Xi Er Director
Lai Fu Rong Supervisors
Li Wei Min Directors, senior managers
Chen Jin Guang Directors, senior managers
Jiang Yun Ming Supervisors
Tao Yi Ping Directors, senior managers
Lin Hua Director
Sun Xiong Peng senior management
Chen Xin Jian Directors, senior managers
Lin Teng Jiao Director
Xia Da Wei Supervisors
Xue He Feng senior management
Li Jian Supervisors
Lin Zhang Yi senior management