China East Education Holdings (HKSE:00667) Scaled Net Operating Assets : 0.40 (As of Dec. 2023)

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What is China East Education 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.

China East Education Holdings's operating assets for the quarter that ended in Dec. 2023 was HK$6,410 Mil. China East Education Holdings's operating liabilities for the quarter that ended in Dec. 2023 was HK$2,308 Mil. China East Education Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$10,151 Mil. Therefore, China East Education Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.40.

China East Education Holdings Scaled Net Operating Assets Historical Data

The historical data trend for China East Education 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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China East Education Holdings Scaled Net Operating Assets Chart

China East Education Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.49

0.22

0.26

0.35

0.39

China East Education Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial									0.26	0.31	0.37	0.38	0.40

Competitive Comparison of China East Education Holdings's Scaled Net Operating Assets

For the Education & Training Services subindustry, China East Education 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.

China East Education Holdings's Scaled Net Operating Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China East Education Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China East Education Holdings's Scaled Net Operating Assets falls into.

China East Education 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.

China East Education Holdings'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 )
=	(6409.744	-	2308.32)	/	10596.145
=	0.39

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	10162.445	-	3752.701
=	6409.744

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4029.011	-	1430.405	-	290.286
=	2308.32

China East Education Holdings'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 )
=	(6409.744	-	2308.32)	/	10151.045
=	0.40

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	10162.445	-	3752.701
=	6409.744

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4029.011	-	1430.405	-	290.286
=	2308.32

China East Education Holdings Scaled Net Operating Assets Related Terms

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China East Education Holdings (HKSE:00667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China East Education Holdings Ltd (HKSE:00667) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

ZX3:Germany

Address

No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN

Website

https://www.chinaeastedu.com

China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 142,765 as of Dec. 31, 2022. In 2022, China East Education's revenue breakdown by major businesses was 59% in culinary arts, 20% in information & internet technology, 19% in auto services.

Executives

Wei Zhiling	2202 Interest of your spouse
Xiao Guoqing	2201 Interest of corporation controlled by you
Xiao Guoqing Education Company Limited	2101 Beneficial owner
Wu Junbao	2201 Interest of corporation controlled by you
Wu Junbao Education Company Limited	2101 Beneficial owner
Zhou Jiaju	2202 Interest of your spouse
Cheng Jing	2202 Interest of your spouse
Wu Wei	2201 Interest of corporation controlled by you
Wu Wei Education Company Limited	2101 Beneficial owner

China East Education Holdings (HKSE:00667) Headlines

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