Zheshang Securities Co (SHSE:601878) Scaled Net Operating Assets : -0.11 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Zheshang 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.

Zheshang Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥67,262 Mil. Zheshang Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥83,318 Mil. Zheshang Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥145,528 Mil. Therefore, Zheshang Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.11.

Zheshang 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.

Zheshang 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 )
=	(68654.594	-	84942.484)	/	136961.355
=	-0.12

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	145527.687	-	76873.093
=	68654.594

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	117256.486	-	32314.002	-	0
=	84942.484

Zheshang 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 )
=	(67262.364	-	83318.415)	/	145527.687
=	-0.11

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	143029.935	-	75767.571
=	67262.364

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	114254.629	-	30936.214	-	0
=	83318.415

* 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.

Zheshang Securities Co Scaled Net Operating Assets Related Terms

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

Zheshang Securities Co (SHSE:601878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zheshang Securities Co Ltd (SHSE:601878) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Wuxing Road, Jianggan District, Zhejiang Province, Hangzhou Shi, CHN, 310020

Website

https://www.stocke.com.cn

Zheshang Securities Co Ltd is a securities brokerage firm. The company offers a variety of services such as securities brokerage, investment banking, asset management, financial adviser services, investment consulting, securities self-operation, and, margin trading services. It also engages in the financial futures brokerage business, commodity futures brokerage business, and asset management.