Tai Cheung Holdings (Tai Cheung Holdings) Scaled Net Operating Assets : 0.77 (As of Sep. 2023)

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What is Tai Cheung Holdings 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.

Tai Cheung Holdings's operating assets for the quarter that ended in Sep. 2023 was $686.43 Mil. Tai Cheung Holdings's operating liabilities for the quarter that ended in Sep. 2023 was $20.60 Mil. Tai Cheung Holdings's Total Assets for the quarter that ended in Mar. 2023 was $863.01 Mil. Therefore, Tai Cheung Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.77.

Tai Cheung Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Tai Cheung Holdings'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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Tai Cheung Holdings Scaled Net Operating Assets Chart

Tai Cheung Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Scaled Net Operating Assets

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0.45

0.49

0.67

0.71

0.76

Tai Cheung Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.69	0.72	0.74	0.77	0.77

Competitive Comparison of Tai Cheung Holdings's Scaled Net Operating Assets

For the Real Estate - Development subindustry, Tai Cheung Holdings'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.

Tai Cheung Holdings's Scaled Net Operating Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tai Cheung Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tai Cheung Holdings's Scaled Net Operating Assets falls into.

Tai Cheung Holdings 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.

Tai Cheung Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(692.357	-	18.895)	/	891.612
=	0.76

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	863.009	-	170.652
=	692.357

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	33.534	-	2.064	-	12.575
=	18.895

Tai Cheung Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(686.428	-	20.604)	/	863.009
=	0.77

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	850.623	-	164.195
=	686.428

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23.363	-	1.367	-	1.392
=	20.604

Tai Cheung Holdings Scaled Net Operating Assets Related Terms

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Tai Cheung Holdings (Tai Cheung Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tai Cheung Holdings Ltd (OTCPK:TAICY) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

00088:Hong Kong

Address

3A Chater Road, Central, 20th Floor, The Hong Kong Club Building, Hong Kong, HKG

Website

http://www.taicheung.com

Tai Cheung Holdings Ltd is a Hong Kong-based company engaged in property investment and development, investment holding, and property management. The company's property portfolio includes office towers as well as industrial and residential buildings. In addition, the group has a hotel operation arm through its interest in Sheraton Hong Kong Hotel & Towers, a 5-star hotel located in Tsim Sha Tsui, Kowloon. The company divides its business activities into property development and leasing, property management, hotel operation, and investment holding. Tai Cheung generates the majority of its income from property sales.

Tai Cheung Holdings (Tai Cheung Holdings) Headlines

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