GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Industrial Securities Co Ltd (SHSE:601377) » Definitions » Scaled Net Operating Assets

China Industrial Securities Co (SHSE:601377) Scaled Net Operating Assets : 0.07 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is China Industrial 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.

China Industrial Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥145,099 Mil. China Industrial Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥126,105 Mil. China Industrial Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥273,611 Mil. Therefore, China Industrial Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.07.


China Industrial 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.

China Industrial 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 )
=(152926.341-142176.358)/245859.298
=0.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=273611.445 - 120685.104
=152926.341

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=212640.804 - 70464.446 - 0
=142176.358

China Industrial 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 )
=(145099.288-126104.718)/273611.445
=0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=251853.904 - 106754.616
=145099.288

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=190265.747 - 64161.029 - 0
=126104.718

* 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.


China Industrial Securities Co Scaled Net Operating Assets Related Terms

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


China Industrial Securities Co (SHSE:601377) Business Description

Traded in Other Exchanges
N/A
Address
268 Hudong Road, Fujian Province, Fuzhou, CHN, 350003
China Industrial Securities Co Ltd is engaged in provision of securities brokerage, underwriting and sponsorship, investment consulting, securities self-operation, financial consulting, margin trading, fund and financial product agency sales, fund custody, and futures introduction.