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China MeiDong Auto Holdings (HKSE:01268) Scaled Net Operating Assets : 0.51 (As of Dec. 2023)


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What is China MeiDong Auto Holdings 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 MeiDong Auto Holdings's operating assets for the quarter that ended in Dec. 2023 was HK$12,356 Mil. China MeiDong Auto Holdings's operating liabilities for the quarter that ended in Dec. 2023 was HK$4,265 Mil. China MeiDong Auto Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$15,727 Mil. Therefore, China MeiDong Auto Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.51.


China MeiDong Auto Holdings Scaled Net Operating Assets Historical Data

The historical data trend for China MeiDong Auto Holdings'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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China MeiDong Auto Holdings Scaled Net Operating Assets Chart

China MeiDong Auto Holdings 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 0.60 0.54 0.54 0.72 0.51

China MeiDong Auto Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.51 0.64 0.44 0.51 0.51

Competitive Comparison of China MeiDong Auto Holdings's Scaled Net Operating Assets

For the Auto & Truck Dealerships subindustry, China MeiDong Auto Holdings'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.


China MeiDong Auto Holdings's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China MeiDong Auto Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China MeiDong Auto Holdings's Scaled Net Operating Assets falls into.



China MeiDong Auto Holdings 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 MeiDong Auto Holdings'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 )
=(12356.234-4265.116)/15901.351
=0.51

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15553.98 - 3197.746
=12356.234

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9772.112 - 3958.932 - 1548.064
=4265.116

China MeiDong Auto Holdings'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 )
=(12356.234-4265.116)/15726.571
=0.51

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15553.98 - 3197.746
=12356.234

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9772.112 - 3958.932 - 1548.064
=4265.116

* 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.


China MeiDong Auto Holdings Scaled Net Operating Assets Related Terms

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China MeiDong Auto Holdings (HKSE:01268) Business Description

Traded in Other Exchanges
Address
13th Floor, Unit A1, Huangjin Road, Tian An Tech Industry Building, Nancheng, Guangdong, Dongguan, CHN
China MeiDong Auto Holdings Ltd is an investment holding company, which is engaged in the sale of automobiles and the provision of integrated services. The group operates 4S dealership stores covering world-renowned brands which are popular among Chinese consumers, including BMW, Lexus, Toyota and Hyundai, and others. It derives revenue primarily from the sale of passenger vehicles and by providing after-sales services and geographically all the operations function through the region of China.

China MeiDong Auto Holdings (HKSE:01268) Headlines

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