Shanghai Conant Optical Co (HKSE:02276) Scaled Net Operating Assets : 0.56 (As of Dec. 2023)

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What is Shanghai Conant Optical 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.

Shanghai Conant Optical Co's operating assets for the quarter that ended in Dec. 2023 was HK$1,567 Mil. Shanghai Conant Optical Co's operating liabilities for the quarter that ended in Dec. 2023 was HK$410 Mil. Shanghai Conant Optical Co's Total Assets for the quarter that ended in Jun. 2023 was HK$2,072 Mil. Therefore, Shanghai Conant Optical Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.56.

Shanghai Conant Optical Co Scaled Net Operating Assets Historical Data

The historical data trend for Shanghai Conant Optical Co'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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Shanghai Conant Optical Co Scaled Net Operating Assets Chart

Shanghai Conant Optical Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.81

0.76

0.57

0.53

0.58

Shanghai Conant Optical Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial				-	0.48	0.57	0.58	0.56

Competitive Comparison of Shanghai Conant Optical Co's Scaled Net Operating Assets

For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical Co'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.

Shanghai Conant Optical Co's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Conant Optical Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Conant Optical Co's Scaled Net Operating Assets falls into.

Shanghai Conant Optical 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.

Shanghai Conant Optical 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 )
=	(1567.158	-	409.576)	/	1997.392
=	0.58

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2170.4	-	603.242
=	1567.158

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	644.687	-	129.428	-	105.683
=	409.576

Shanghai Conant Optical Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(1567.158	-	409.576)	/	2072.44
=	0.56

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2170.4	-	603.242
=	1567.158

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	644.687	-	129.428	-	105.683
=	409.576

Shanghai Conant Optical Co Scaled Net Operating Assets Related Terms

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Shanghai Conant Optical Co (HKSE:02276) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Conant Optical Co Ltd (HKSE:02276) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

N/A

Address

Lane 83, Hongxiang North Road, 1st Floor, Building 36, No. 1-42, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN

Website

http://www.conantoptical.com.cn

Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The products are mainly resin spectacle lenses with the refractive index of 1.499, 1.56, 1.60, 1.67, and 1.74. The spectacle lenses is also be tinted or coated or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection and anti-smudge.

Executives

Fei Zhengxiang

2101 Beneficial owner

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