Hing Ming Holdings (HKSE:08425) Scaled Net Operating Assets : N/A (As of Sep. 2023)

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What is Hing Ming 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.

Hing Ming Holdings's operating assets for the quarter that ended in Sep. 2023 was HK$152.9 Mil. Hing Ming Holdings's operating liabilities for the quarter that ended in Sep. 2023 was HK$35.6 Mil. Hing Ming Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$0.0 Mil. Therefore, Hing Ming Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was N/A.

Hing Ming Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Hing Ming 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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Hing Ming Holdings Scaled Net Operating Assets Chart

Hing Ming Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Scaled Net Operating Assets

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0.75

0.73

0.76

0.85

0.69

Hing Ming Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Scaled Net Operating Assets	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Hing Ming Holdings's Scaled Net Operating Assets

For the Rental & Leasing Services subindustry, Hing Ming 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.

Hing Ming Holdings's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hing Ming Holdings's Scaled Net Operating Assets distribution charts can be found below:

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

Hing Ming 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.

Hing Ming Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(164.455	-	41.706)	/	178.896
=	0.69

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	178.662	-	14.207
=	164.455

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	61.202	-	5.648	-	13.848
=	41.706

Hing Ming Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(152.917	-	35.579)	/	0
=	N/A

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	170.267	-	17.35
=	152.917

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	49.07	-	3.624	-	9.867
=	35.579

Hing Ming Holdings Scaled Net Operating Assets Related Terms

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Hing Ming Holdings (HKSE:08425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hing Ming Holdings Ltd (HKSE:08425) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG

Website

http://www.hing-ming.com

Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.

Executives

Leong Cho Mui	2106 Person having a security interest in shares
Hing Gut Limited	2101 Beneficial owner
Au Fung Yee	2202 Interest of your spouse
Tang Hing Keung	2201 Interest of corporation controlled by you
Lee Yu Leung	2101 Beneficial owner
Woo Lan Ying	2101 Beneficial owner
Lu Zhaoqing
Yang Gang

Hing Ming Holdings (HKSE:08425) Headlines

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