CRRC (HKSE:01766) Scaled Net Operating Assets : 0.30 (As of Mar. 2024)

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What is CRRC 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.

CRRC's operating assets for the quarter that ended in Mar. 2024 was HK$430,018 Mil. CRRC's operating liabilities for the quarter that ended in Mar. 2024 was HK$274,109 Mil. CRRC's Total Assets for the quarter that ended in Dec. 2023 was HK$516,036 Mil. Therefore, CRRC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.30.

CRRC Scaled Net Operating Assets Historical Data

The historical data trend for CRRC'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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CRRC Scaled Net Operating Assets Chart

CRRC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.35

0.43

0.41

0.33

0.34

CRRC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.37	0.35	0.34	0.33	0.30

Competitive Comparison of CRRC's Scaled Net Operating Assets

For the Railroads subindustry, CRRC'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.

CRRC's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Scaled Net Operating Assets distribution charts can be found below:

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

CRRC 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.

CRRC'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 )
=	(445090.538	-	278209.055)	/	493744.408
=	0.34

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	516035.838	-	70945.3
=	445090.538

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	301082.786	-	9329.984	-	13543.747
=	278209.055

CRRC'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 )
=	(430017.908	-	274108.521)	/	516035.838
=	0.30

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	512228.954	-	82211.046
=	430017.908

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	297137.155	-	9469.212	-	13559.422
=	274108.521

CRRC Scaled Net Operating Assets Related Terms

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CRRC (HKSE:01766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CRRC Corp Ltd (HKSE:01766) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CRCCY:USA C2L:Germany 601766:China

Address

No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036

Website

https://www.crrcgc.cc

CRRC Corp Ltd manufactures products which are used for transportation through railroads. Its product portfolio includes rolling stock, rail transit vehicles, engineering machinery, electrical equipment and related parts, and environmental protection products. The company also engages in allied activities like refurbishment, leasing, technical support to clients, investment, and management, as well as import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.

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