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China Development Financial Holding (TPE:2883) Scaled Net Operating Assets : 0.10 (As of Mar. 2024)


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What is China Development Financial Holding 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 Development Financial Holding's operating assets for the quarter that ended in Mar. 2024 was NT$3,723,387 Mil. China Development Financial Holding's operating liabilities for the quarter that ended in Mar. 2024 was NT$3,342,564 Mil. China Development Financial Holding's Total Assets for the quarter that ended in Dec. 2023 was NT$3,648,212 Mil. Therefore, China Development Financial Holding's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.10.


China Development Financial Holding 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 Development Financial Holding'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 )
=(3545664.8-3225384.91)/3537148.35
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3648212.053 - 102547.253
=3545664.8

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3385261.417 - 159876.507 - 0
=3225384.91

China Development Financial Holding'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 )
=(3723387.256-3342564.492)/3648212.053
=0.10

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3816380.798 - 92993.542
=3723387.256

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3525605.061 - 183040.569 - 0
=3342564.492

* 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 Development Financial Holding (TPE:2883) Business Description

Traded in Other Exchanges
N/A
Address
No. 135, Dunhua N. Road, Songshan District, Taipei, TWN, 105
China Development Financial Holding Corp is a financial services group catering primarily to the Taiwanese and Chinese markets. The company operates under four reportable segments: Venture Capital, which engages in investing, fundraising, and the management of private equity funds; Commercial Banking, which engages in consumer banking, corporate banking, and global market and financial institutions; Securities, which engages in wealth management, trading, and investment banking; and Insurance, which operates life insurance businesses. Most of its revenue is derived from noninterest income through the insurance segment.