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Chinalin Securities Co (SZSE:002945) Scaled Net Operating Assets : -0.23 (As of Mar. 2024)


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What is Chinalin 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.

Chinalin Securities Co's operating assets for the quarter that ended in Mar. 2024 was ¥11,062 Mil. Chinalin Securities Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥15,585 Mil. Chinalin Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥19,602 Mil. Therefore, Chinalin Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.23.


Chinalin 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.

Chinalin 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 )
=(4252.635-9341.521)/20742.779
=-0.25

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=19602.393 - 15349.758
=4252.635

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13257.548 - 3916.027 - 0
=9341.521

Chinalin 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 )
=(11061.614-15585.005)/19602.393
=-0.23

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=25449.478 - 14387.864
=11061.614

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19176.208 - 3591.203 - 0
=15585.005

* 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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Chinalin Securities Co (SZSE:002945) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-1, Chagu Avenue, No. 3, Building B, Juntai International Building, Liuyu New District, Lhasa, CHN, 850000
Chinalin Securities Co Ltd is engaged in securities brokerage, securities investment consulting, financial advisers related to securities trading and securities investment activities.
Executives
Li Hua Qiang Executives
Zhong Na Supervisors