GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Southwest Securities Co Ltd (SHSE:600369) » Definitions » Scaled Net Operating Assets

Southwest Securities Co (SHSE:600369) Scaled Net Operating Assets : 0.14 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Southwest Securities 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.

Southwest Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥53,702 Mil. Southwest Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥41,914 Mil. Southwest Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥84,675 Mil. Therefore, Southwest Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.14.

Southwest Securities 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.

Southwest Securities 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 )
=(51460.242-38162.139)/80994.403
=0.16

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=84675.013 - 33214.771
=51460.242

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59272.567 - 21110.428 - 0
=38162.139

Southwest Securities 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 )
=(53702.149-41913.875)/84675.013
=0.14

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=84109.192 - 30407.043
=53702.149

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=58495.176 - 16581.301 - 0
=41913.875

* 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.

Southwest Securities Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Southwest Securities Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Southwest Securities Co (SHSE:600369) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Southwest Securities Co Ltd (SHSE:600369) » Definitions » Scaled Net Operating Assets
Comparable Companies
SHSE:600705 SHSE:601162 SHSE:601198 SHSE:601696 SHSE:601099 SZSE:000728 SHSE:600906 SHSE:600909 SZSE:002939 SHSE:601990 MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW LPLA SHSE:601066
Traded in Other Exchanges
N/A
Address
No.8 Qiaobeiyuan, Southwest Securities Building, Jiangbei District, Chongqing, CHN, 400023
Website
http://www.swsc.com.cn
Southwest Securities Co Ltd is a national securities company. Its business includes securities brokerage, securities underwriting and sponsorship, financial consulting, asset management and margin financing. Through asset management, the company provides customers with its special and professional asset management services.