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Yunfeng Financial Group (HKSE:00376) Scaled Net Operating Assets : -0.12 (As of Dec. 2023)


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What is Yunfeng Financial Group 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.

Yunfeng Financial Group's operating assets for the quarter that ended in Dec. 2023 was HK$60,417 Mil. Yunfeng Financial Group's operating liabilities for the quarter that ended in Dec. 2023 was HK$70,491 Mil. Yunfeng Financial Group's Total Assets for the quarter that ended in Jun. 2023 was HK$86,176 Mil. Therefore, Yunfeng Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.12.

Yunfeng Financial Group 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.

Yunfeng Financial Group'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 )
=(86175.533-70491.456)/81769.274
=0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=90149.321 - 3973.788
=86175.533

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73744.252 - 1853.317 - 1399.479
=70491.456

Yunfeng Financial Group'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 )
=(60416.932-70491.456)/86176.358
=-0.12

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=90149.321 - 29732.389
=60416.932

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73744.252 - 1853.317 - 1399.479
=70491.456

* 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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Yunfeng Financial Group (HKSE:00376) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Yunfeng Financial Group Ltd (HKSE:00376) » Definitions » Scaled Net Operating Assets
Comparable Companies
HKSE:00662 SHSE:601318 SHSE:601628 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU SHSE:601601 TPE:2881 TSX:GWO LSE:PRU TPE:2882 TSE:8750 TSX:POW BOM:540719 BOM:540777 SHSE:601336 XKRX:032830
Traded in Other Exchanges
MNA1:Germany
Address
38 Gloucester Road, 18th Floor, Rooms 1803-1806, China Evergrande Centre, Wanchai, Hong Kong, HKG
Website
https://www.yff.com
Yunfeng Financial Group Ltd is an investment holding company that provides security trading, advisory, and asset management services. The company operates through two operating segments: Insurance business, which engages in the writing of long-term assurance business; and Other financial services & corporate, which includes Securities brokerage, Wealth management, Principal investment, Consultancy & advisory services, Financial technology activities, and Corporate service. The company's revenue is primarily from the Insurance business. The group's operations are in Hong Kong and Macao.
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