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Ping An Bank Co (SZSE:000001) Scaled Net Operating Assets : 0.12 (As of Mar. 2024)


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What is Ping An Bank 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.

Ping An Bank Co's operating assets for the quarter that ended in Mar. 2024 was ¥5,073,178 Mil. Ping An Bank Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥4,420,057 Mil. Ping An Bank Co's Total Assets for the quarter that ended in Dec. 2023 was ¥5,587,116 Mil. Therefore, Ping An Bank Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.12.

Ping An Bank 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.

Ping An Bank 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 )
=(4988469-4331191)/5321514
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5587116 - 598647
=4988469

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5114788 - 783597 - 0
=4331191

Ping An Bank 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 )
=(5073178-4420057)/5587116
=0.12

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5729398 - 656220
=5073178

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5243822 - 823765 - 0
=4420057

* 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.

Ping An Bank Co Scaled Net Operating Assets Related Terms

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Ping An Bank Co (SZSE:000001) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ping An Bank Co Ltd (SZSE:000001) » Definitions » Scaled Net Operating Assets
Comparable Companies
SHSE:600000 SHSE:601998 SHSE:601818 SZSE:002142 SHSE:600016 SHSE:600919 SHSE:601169 SHSE:600015 SHSE:601229 SHSE:601166 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
5047 East Shennan Road, Board Office of Ping On Bank, Guangdong, Shenzhen, CHN, 518001
Website
http://www.bank.pingan.com
Ping An Bank is a leading nationwide joint-stock commercial bank with headquarters in Shenzhen. Its parent, Ping An Group, the second-largest insurance company in China, owns about a 58% stake in Ping An Bank. The bank was formerly known as Shenzhen Development Bank and was merged with Ping An Bank in mid-2012. The bank offers a full range of commercial banking services, operating 91 branches and 1,058 outlets in China.