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Zhejiang Expressway Co (HKSE:00576) Scaled Net Operating Assets : 0.37 (As of Dec. 2023)


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What is Zhejiang Expressway 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.

Zhejiang Expressway Co's operating assets for the quarter that ended in Dec. 2023 was HK$150,387 Mil. Zhejiang Expressway Co's operating liabilities for the quarter that ended in Dec. 2023 was HK$70,979 Mil. Zhejiang Expressway Co's Total Assets for the quarter that ended in Sep. 2023 was HK$214,154 Mil. Therefore, Zhejiang Expressway Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.37.


Zhejiang Expressway Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Expressway Co'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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Zhejiang Expressway Co Scaled Net Operating Assets Chart

Zhejiang Expressway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.55 0.50 0.30 0.37

Zhejiang Expressway Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.27 0.27 0.37 -

Competitive Comparison of Zhejiang Expressway Co's Scaled Net Operating Assets

For the Infrastructure Operations subindustry, Zhejiang Expressway Co'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.


Zhejiang Expressway Co's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Expressway Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Expressway Co's Scaled Net Operating Assets falls into.



Zhejiang Expressway 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.

Zhejiang Expressway 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 )
=(150387.476-70978.976)/213137.75
=0.37

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=227250.912 - 76863.436
=150387.476

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=161181.074 - 47866.273 - 42335.825
=70978.976

Zhejiang Expressway 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 )
=(150387.476-70978.976)/214154.274
=0.37

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=227250.912 - 76863.436
=150387.476

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=161181.074 - 47866.273 - 42335.825
=70978.976

* 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.


Zhejiang Expressway Co Scaled Net Operating Assets Related Terms

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Zhejiang Expressway Co (HKSE:00576) Business Description

Traded in Other Exchanges
Address
199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next most significant segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.
Executives
Jpmorgan Chase & Co. 2502 Approved lending agent
Blackrock, Inc. 2201 Interest of corporation controlled by you
Bank Of America Corporation 2201 Interest of corporation controlled by you
Bnp Paribas Sa 2201 Interest of corporation controlled by you
Citigroup Inc. 2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Cohen & Steers, Inc 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Cohen & Steers Capital Management, Inc. 2102 Investment manager
Zhao Shang Ju Gong Lu Wang Luo Ke Ji Kong Gu Gu Fen You Xian Gong Si 2101 Beneficial owner

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