Union Insurance (TPE:2816) Scaled Net Operating Assets : 0.01 (As of Sep. 2024)

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What is Union Insurance 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.

Union Insurance's operating assets for the quarter that ended in Sep. 2024 was NT$16,346 Mil. Union Insurance's operating liabilities for the quarter that ended in Sep. 2024 was NT$16,227 Mil. Union Insurance's Total Assets for the quarter that ended in Jun. 2024 was NT$23,032 Mil. Therefore, Union Insurance's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.01.

Union Insurance 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.

Union Insurance'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 )
=	(16448.869	-	13809.479)	/	18301.611
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	19928.055	-	3479.186
=	16448.869

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	13827.408	-	17.929	-	0
=	13809.479

Union Insurance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(16346.478	-	16226.997)	/	23032.421
=	0.01

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	23178.912	-	6832.434
=	16346.478

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16242.54	-	15.543	-	0
=	16226.997

* 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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Union Insurance Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 219, Zhongxiao East Road, 12th Floor, Section 4, Daan District, Taipei, TWN, 10690

Website

https://www.wwunion.com

Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies, performing a variety of investments and other businesses in accordance with the regulations. Its product portfolio includes Motor Insurance, Traveler Accident Insurance, Accident and Health Insurance, Fire Property Insurance, Casualty Insurance, Engineering Insurance, and Marine Insurance.