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Qingdao Topscomm Communication (SHSE:603421) Scaled Net Operating Assets : 0.59 (As of Mar. 2024)


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What is Qingdao Topscomm Communication 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.

Qingdao Topscomm Communication's operating assets for the quarter that ended in Mar. 2024 was ¥4,951 Mil. Qingdao Topscomm Communication's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,460 Mil. Qingdao Topscomm Communication's Total Assets for the quarter that ended in Dec. 2023 was ¥5,920 Mil. Therefore, Qingdao Topscomm Communication's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.59.


Qingdao Topscomm Communication Scaled Net Operating Assets Historical Data

The historical data trend for Qingdao Topscomm Communication'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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Qingdao Topscomm Communication Scaled Net Operating Assets Chart

Qingdao Topscomm Communication Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.78 0.65 0.68 0.61

Qingdao Topscomm Communication 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.72 0.69 0.62 0.59

Competitive Comparison of Qingdao Topscomm Communication's Scaled Net Operating Assets

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.


Qingdao Topscomm Communication's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Scaled Net Operating Assets distribution charts can be found below:

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



Qingdao Topscomm Communication 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.

Qingdao Topscomm Communication'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 )
=(5165.022-1708.584)/5663.601
=0.61

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5919.564 - 754.542
=5165.022

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2500.412 - 571.291 - 220.537
=1708.584

Qingdao Topscomm Communication'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 )
=(4950.871-1459.799)/5919.564
=0.59

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5561.1 - 610.229
=4950.871

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2246.642 - 522.761 - 264.082
=1459.799

* 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.


Qingdao Topscomm Communication Scaled Net Operating Assets Related Terms

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Qingdao Topscomm Communication (SHSE:603421) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.
Executives
Ge Jun Directors, senior managers
Zhou Li Min senior management
Fan Jian Hua Directors, senior managers
Xu Rui Supervisors
Bao Chun Xia senior management
Xu Guang Yi senior management

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