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Northeast Securities Co (SZSE:000686) Scaled Net Operating Assets : -0.07 (As of Mar. 2024)


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What is Northeast Securities 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.

Northeast Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥45,666 Mil. Northeast Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥51,804 Mil. Northeast Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥83,334 Mil. Therefore, Northeast Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.07.

Northeast Securities 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.

Northeast Securities 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 )
=(44013.425-44505.561)/78958.472
=-0.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=83334.357 - 39320.932
=44013.425

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=64435.193 - 19929.632 - 0
=44505.561

Northeast Securities Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(45666.299-51804.018)/83334.357
=-0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=87763.932 - 42097.633
=45666.299

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=68824.996 - 17020.978 - 0
=51804.018

* 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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Northeast Securities Co (SZSE:000686) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Northeast Securities Co Ltd (SZSE:000686) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
Jilin No. 6666, Ecological Street, Changchun, Jilin, CHN, 130118
Website
http://www.nesc.cn
Northeast Securities Co Ltd is engaged in securities related business. The company provides securities brokerage services, securities underwriting service, securities research and consulting, margin financing, and others.