Flat Glass Group Co (HKSE:06865) Scaled Net Operating Assets : 0.71 (As of Mar. 2024)

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What is Flat Glass Group 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.

Flat Glass Group Co's operating assets for the quarter that ended in Mar. 2024 was HK$40,473 Mil. Flat Glass Group Co's operating liabilities for the quarter that ended in Mar. 2024 was HK$6,894 Mil. Flat Glass Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$47,013 Mil. Therefore, Flat Glass Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.71.

Flat Glass Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Flat Glass Group 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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Flat Glass Group Co Scaled Net Operating Assets Chart

Flat Glass Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.92

0.95

1.18

1.09

0.92

Flat Glass Group Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial															-	-	-	-	0.71

Competitive Comparison of Flat Glass Group Co's Scaled Net Operating Assets

For the Building Products & Equipment subindustry, Flat Glass Group 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.

Flat Glass Group Co's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Flat Glass Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Flat Glass Group Co's Scaled Net Operating Assets falls into.

Flat Glass Group 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.

Flat Glass Group 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 )
=	(39524.367	-	6239.383)	/	36161.147
=	0.92

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	47012.802	-	7488.435
=	39524.367

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	22631.475	-	11976.099	-	4415.993
=	6239.383

Flat Glass Group 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 )
=	(40472.937	-	6893.512)	/	47012.802
=	0.71

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	47128.36	-	6655.423
=	40472.937

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	22196.881	-	12449.557	-	2853.812
=	6893.512

Flat Glass Group Co Scaled Net Operating Assets Related Terms

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Flat Glass Group Co (HKSE:06865) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Flat Glass Group Co Ltd (HKSE:06865) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

FGSGF:USA 72T:Germany 601865:China

Address

1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN

Website

https://www.flatgroup.com.cn

Flat Glass Group Co Ltd manufactures and sells glass and glass products. The Company operates in six segments: Photovoltaic (PV) Glass, Household Glass, Architectural Glass, Float glass, Mining products, and Other businesses. The majority of revenue is derived from the PV glass segment. Its geographical segments are China, Asia (excluding the PRC and Japan), Europe, North America, and Others.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
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Citigroup Inc.	2502 Approved lending agent
Fidelity Investment Trust	2101 Beneficial owner
Ubs Group Ag	2201 Interest of corporation controlled by you
Schroders Plc	2102 Investment manager
Bank Of America Corporation	2201 Interest of corporation controlled by you
Zhu Que Ji Jin Guan Li You Xian Gong Si	2401 A concert party to an agreement to buy shares
Schroders Plc	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you
Public Investment Fund	2101 Beneficial owner
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Pacific Asset Management Co., Ltd.	2102 Investment manager

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