China Merchants Securities Co (HKSE:06099) Scaled Net Operating Assets : 0.15 (As of Dec. 2023)

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What is China Merchants 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.

China Merchants Securities Co's operating assets for the quarter that ended in Dec. 2023 was HK$493,869 Mil. China Merchants Securities Co's operating liabilities for the quarter that ended in Dec. 2023 was HK$392,000 Mil. China Merchants Securities Co's Total Assets for the quarter that ended in Sep. 2023 was HK$669,387 Mil. Therefore, China Merchants Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.15.

China Merchants 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.

China Merchants 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 )
=	(493869.083	-	391999.959)	/	683068.723
=	0.15

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	761109.308	-	267240.225
=	493869.083

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	627627.889	-	235627.93	-	0
=	391999.959

China Merchants Securities Co'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: Sep. 2023 )
=	(493869.083	-	391999.959)	/	669386.806
=	0.15

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	761109.308	-	267240.225
=	493869.083

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	627627.889	-	235627.93	-	0
=	391999.959

* 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 Merchants Securities Co (HKSE:06099) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

195H:Germany 600999:China

Address

No. 111, 1st Fuhua Road, Futian District, Guangdong, Shenzhen, CHN, 518046

Website

https://www.cmschina.com

China Merchants Securities Co Ltd is a financial service provider. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business include brokerage and wealth management, capital-based intermediary business, and institutional client integrated services. Investment banking business includes equity underwriting, debt underwriting, and financial advisory businesses. The Investment management business engages in securities asset management and private equity investment fund business. Investment and trading business includes the investment and trading of equity and fixed-income products and other financial products.