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Founder Securities Co (SHSE:601901) Scaled Net Operating Assets : 0.05 (As of Mar. 2024)


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What is Founder 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.

Founder Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥131,514 Mil. Founder Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥121,358 Mil. Founder Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥222,442 Mil. Therefore, Founder Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.05.


Founder 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.

Founder 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 )
=(122250.607-116945.745)/181611.932
=0.03

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=222441.656 - 100191.049
=122250.607

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=176350.361 - 59404.616 - 0
=116945.745

Founder 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 )
=(131514.39-121357.641)/222441.656
=0.05

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=230729.801 - 99215.411
=131514.39

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=183692.01 - 62334.369 - 0
=121357.641

* 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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Founder Securities Co (SHSE:601901) Business Description

Traded in Other Exchanges
N/A
Address
2, Xiangjiang Middle Road, 3701-3717, Building 4, 5, Huayuanhua Center, No. 36, Section 2, Tianxin District, Hunan, Changsha, CHN, 410002
Founder Securities Co Ltd is a comprehensive securities company with a full broker license. Its business includes brokerage, investment banking, consulting, QFII business, securities underwriting and sponsorship and fund and asset management.