China Vered Financial Holding (HKSE:00245) Scaled Net Operating Assets : 0.76 (As of Dec. 2023)

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What is China Vered Financial Holding 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 Vered Financial Holding's operating assets for the quarter that ended in Dec. 2023 was HK$3,628.9 Mil. China Vered Financial Holding's operating liabilities for the quarter that ended in Dec. 2023 was HK$300.3 Mil. China Vered Financial Holding's Total Assets for the quarter that ended in Jun. 2023 was HK$4,357.3 Mil. Therefore, China Vered Financial Holding's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.76.

China Vered Financial Holding 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 Vered Financial Holding'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 )
=	(3628.86	-	300.273)	/	4464.246
=	0.75

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4318.496	-	689.636
=	3628.86

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	329.539	-	29.266	-	0
=	300.273

China Vered Financial Holding's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(3628.86	-	300.273)	/	4357.325
=	0.76

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4318.496	-	689.636
=	3628.86

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	329.539	-	29.266	-	0
=	300.273

* 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 Vered Financial Holding (HKSE:00245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Vered Financial Holding Corp Ltd (HKSE:00245) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

HKQ3:Germany

Address

8 Sunning Road, 22nd Floor, China Taiping Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.cm-fin.com

China Vered Financial Holding Corp Ltd provides securities brokerage, investment holding, investment banking, and asset management services. The majority is from the Investment holding segment. Geographically, it operates in Hong Kong, The PRC, Japan, and Canada, out of which the majority is from Hong Kong. The group's revenue is mainly derived from Interest income which includes interest income from bond investment, note investment, loan lending, bank deposits, and margin financing.

Executives

Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Qiang Wei Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dahengqin (hong Kong) Investment Corporation Limited	2101 Beneficial owner
Zhu Hai Da Heng Qin Ji Tuan You Xian Gong Si	2101 Beneficial owner
Liu Xueyi	2201 Interest of corporation controlled by you
Prosper Ascend Limited	2101 Beneficial owner
Hong Kong Baohui Toda Limited	2101 Beneficial owner
Zhao Xinlong	2201 Interest of corporation controlled by you
Vered Holdings (hong Kong) Limited
Vered Holdings Group Ltd
Vered Investment Co., Ltd
Qiang Wei Kong Gu Shen Zhen You Xian Gong Si