GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nanhua Futures Co Ltd (SHSE:603093) » Definitions » Scaled Net Operating Assets

Nanhua Futures Co (SHSE:603093) Scaled Net Operating Assets : -0.49 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Nanhua Futures 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.

Nanhua Futures Co's operating assets for the quarter that ended in Jun. 2024 was ¥18,515 Mil. Nanhua Futures Co's operating liabilities for the quarter that ended in Jun. 2024 was ¥36,366 Mil. Nanhua Futures Co's Total Assets for the quarter that ended in Mar. 2024 was ¥36,212 Mil. Therefore, Nanhua Futures Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.49.


Nanhua Futures 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.

Nanhua Futures 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 )
=(15813.576-31477.203)/34189.185
=-0.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=36325.522 - 20511.946
=15813.576

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32612.603 - 1135.4 - 0
=31477.203

Nanhua Futures Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(18514.655-36366.475)/36211.782
=-0.49

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=41324.381 - 22809.726
=18514.655

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=37398.276 - 1031.801 - 0
=36366.475

* 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.


Nanhua Futures Co Scaled Net Operating Assets Related Terms

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


Nanhua Futures Co Business Description

Traded in Other Exchanges
N/A
Address
No. 193, Xihu Avenue, 2nd and 3rd floor, Zhejiang, Hangzhou, CHN, 310002
Nanhua Futures Co Ltd is a China based company engaged in the various financial activities. It is mainly engaged in commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management business, securities investment fund sales agency business, and is a global financial derivatives service platform.