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China Galaxy Securities Co (STU:CGL) Scaled Net Operating Assets : 0.06 (As of Mar. 2024)


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What is China Galaxy 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 Galaxy Securities Co's operating assets for the quarter that ended in Mar. 2024 was €71,637 Mil. China Galaxy Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was €66,300 Mil. China Galaxy Securities Co's Total Assets for the quarter that ended in Dec. 2023 was €85,174 Mil. Therefore, China Galaxy Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.06.


China Galaxy 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 Galaxy 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 )
=(63776.934-49714.648)/84658.038
=0.17

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=85173.981 - 21397.047
=63776.934

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=68414.826 - 18700.178 - 0
=49714.648

China Galaxy 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 )
=(71637.155-66299.604)/85173.981
=0.06

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=98221.512 - 26584.357
=71637.155

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81226.258 - 14926.654 - 0
=66299.604

* 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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China Galaxy Securities Co (STU:CGL) Business Description

Address
No. 8 Xiying Street, Qinghai Finance Building, Building No. 1, Fengtai District, Beijing, CHN, 100073
China Galaxy Securities Co Ltd is an investment holding company. The company's segments include Securities brokerage; Futures business; Proprietary trading and other securities trading services; Investment banking; Asset management; Private equity and alternative investment; Overseas business and others. It generates maximum revenue from the Futures business segment. The Futures business segment engages in futures dealing and broking, futures information consulting and training.