Shenzhen Fortune Trend Technology Co (SHSE:688318) Scaled Net Operating Assets : 0.42 (As of Dec. 2024)

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What is Shenzhen Fortune Trend Technology 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.

Shenzhen Fortune Trend Technology Co's operating assets for the quarter that ended in Dec. 2024 was ¥1,743.3 Mil. Shenzhen Fortune Trend Technology Co's operating liabilities for the quarter that ended in Dec. 2024 was ¥207.3 Mil. Shenzhen Fortune Trend Technology Co's Total Assets for the quarter that ended in Sep. 2024 was ¥3,694.4 Mil. Therefore, Shenzhen Fortune Trend Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.42.

Shenzhen Fortune Trend Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Shenzhen Fortune Trend Technology Co's Scaled Net Operating Assets can be seen below:

* 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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Shenzhen Fortune Trend Technology Co Scaled Net Operating Assets Chart

Shenzhen Fortune Trend Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Scaled Net Operating Assets

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1.81

0.78

0.73

0.33

0.42

Shenzhen Fortune Trend Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.31	0.45	0.43	0.46	0.42

Competitive Comparison of Shenzhen Fortune Trend Technology Co's Scaled Net Operating Assets

For the Software - Application subindustry, Shenzhen Fortune Trend Technology Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shenzhen Fortune Trend Technology Co's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Fortune Trend Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen Fortune Trend Technology Co's Scaled Net Operating Assets falls into.

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Shenzhen Fortune Trend Technology 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.

Shenzhen Fortune Trend Technology 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 )
=	(1743.26	-	207.338)	/	3635.885
=	0.42

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3821.079	-	2077.819
=	1743.26

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	208.004	-	0.113	-	0.553
=	207.338

Shenzhen Fortune Trend Technology 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 )
=	(1743.26	-	207.338)	/	3694.41
=	0.42

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3821.079	-	2077.819
=	1743.26

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	208.004	-	0.113	-	0.553
=	207.338

Shenzhen Fortune Trend Technology Co Scaled Net Operating Assets Related Terms

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Shenzhen Fortune Trend Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Fortune Trend Technology Co Ltd (SHSE:688318) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 10 Kaifeng Road, Meilin Street, Room 808, 8th Floor, Huachao Building, Meilin Community, Guangdong, Futian District, Shenzhen, CHN, 518049

Website

https://www.tdx.com.cn

Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.

Executives

Wu Huo Sheng	Core technical personnel
Shen Zhi Kun	Core technical personnel
Bao Wei	Core technical personnel
Sun Kui	Core technical personnel
Tian Jin En	Directors, senior managers, core technical personnel
Chen Fan	Supervisors, core technical personnel
Qin Tao	senior management
Huang Shan	Directors, senior managers, core technical personnel
Huang Qing	Director
Zhang Li Jun	Directors, senior managers, core technical personnel

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