XXF Group Holdings (HKSE:02473) Scaled Net Operating Assets : 0.89 (As of Dec. 2023)

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What is XXF Group 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.

XXF Group Holdings's operating assets for the quarter that ended in Dec. 2023 was HK$2,902 Mil. XXF Group Holdings's operating liabilities for the quarter that ended in Dec. 2023 was HK$283 Mil. XXF Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$2,958 Mil. Therefore, XXF Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.89.

XXF Group Holdings Scaled Net Operating Assets Historical Data

The historical data trend for XXF Group 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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XXF Group Holdings Scaled Net Operating Assets Chart

XXF Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.83

0.96

0.84

0.90

XXF Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial			0.96	-	-	0.84	0.89

Competitive Comparison of XXF Group Holdings's Scaled Net Operating Assets

For the Credit Services subindustry, XXF Group 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.

XXF Group Holdings's Scaled Net Operating Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, XXF Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where XXF Group Holdings's Scaled Net Operating Assets falls into.

XXF Group 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.

XXF Group 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 )
=	(2901.962	-	283.163)	/	2902.07
=	0.90

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3194.803	-	292.841
=	2901.962

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2340.07	-	1043.297	-	1013.61
=	283.163

XXF Group 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 )
=	(2901.962	-	283.163)	/	2957.654
=	0.89

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3194.803	-	292.841
=	2901.962

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2340.07	-	1043.297	-	1013.61
=	283.163

XXF Group Holdings Scaled Net Operating Assets Related Terms

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XXF Group Holdings (HKSE:02473) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » XXF Group Holdings Ltd (HKSE:02473) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 318 Fuguang Road, Building 3, Fuxing Economic Development Zone, Jin’an District, Fujian, Fuzhou, CHN

Website

http://www.xxfqc.com

XXF Group Holdings Ltd is an established automobile retailer providing automobile finance lease service primarily through its self-operated sales outlets in the PRC. The Group's principal businesses comprise (i) automobile retail and finance, where it sells non-luxury automobiles mostly on direct finance lease; and (ii) automobile-related businesses, where it principally offers automobile operating lease service and other automobile-related services. It is one of the offline third-party RAFLCs among all the RAFLCs in the market.

Executives

Precious Luck Developments Management Limited	2101 Beneficial owner
Fu Zhou Zhi Tong Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Fu Zhou Wei Chuang Hong Jing Qi Ye Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Bo Yu Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Shang Hai Xuan Te Qi Ye Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Hai Wan He Jin Hua Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Hai Wan He Xing Sheng Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Guo Tou Zi Ben Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Dong Zhang An Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Dong An Wei Ye Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Fo Shan Shi Hui Shang Yin Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Ji Li Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Teng Xin Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Bo Li Qi Ye Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Huang Wei	2501 Other

XXF Group Holdings (HKSE:02473) Headlines

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