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Shaanxi International Trust Co (SZSE:000563) Scaled Net Operating Assets : 0.71 (As of Mar. 2024)


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What is Shaanxi International Trust 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.

Shaanxi International Trust Co's operating assets for the quarter that ended in Mar. 2024 was ¥24,485 Mil. Shaanxi International Trust Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥7,504 Mil. Shaanxi International Trust Co's Total Assets for the quarter that ended in Dec. 2023 was ¥24,034 Mil. Therefore, Shaanxi International Trust Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.71.


Shaanxi International Trust 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.

Shaanxi International Trust 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 )
=(22603.44-6923.797)/22800.275
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=24034.171 - 1430.731
=22603.44

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6945.176 - 21.379 - 0
=6923.797

Shaanxi International Trust 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 )
=(24484.67-7504.205)/24034.171
=0.71

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=24978.782 - 494.112
=24484.67

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7522.19 - 17.985 - 0
=7504.205

* 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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Shaanxi International Trust Co (SZSE:000563) Business Description

Traded in Other Exchanges
N/A
Address
No.7, Science and Technology Road, High - tech Zone, Xi'an, Shanxi, CHN, 710075
Shaanxi International Trust Co Ltd engages in trust and financial businesses in China. The company is involved in trust activities, including finance trust business, equity investment trust business, and asset management trust business. It also invests in capital markets, money markets, credit markets, and long, medium, and short-term investments.
Executives
Xu Hai Bao Executives
Wang Xiao Fang Independent director