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Aofu Environmental Technology Co (SHSE:688021) Scaled Net Operating Assets : 0.80 (As of Mar. 2024)


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What is Aofu Environmental Technology 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.

Aofu Environmental Technology Co's operating assets for the quarter that ended in Mar. 2024 was ¥1,347.6 Mil. Aofu Environmental Technology Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥165.0 Mil. Aofu Environmental Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ¥1,479.9 Mil. Therefore, Aofu Environmental Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.80.


Aofu Environmental Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Aofu Environmental Technology 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.

* Premium members only.

Aofu Environmental Technology Co Scaled Net Operating Assets Chart

Aofu Environmental Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.86 0.59 0.70 0.74 0.82

Aofu Environmental Technology Co 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 0.81 0.77 0.80 0.77 0.80

Competitive Comparison of Aofu Environmental Technology Co's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Aofu Environmental Technology 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.


Aofu Environmental Technology Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aofu Environmental Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Aofu Environmental Technology Co's Scaled Net Operating Assets falls into.



Aofu Environmental Technology 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.

Aofu Environmental Technology 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 )
=(1374.428-186.988)/1440.759
=0.82

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1479.853 - 105.425
=1374.428

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=553.645 - 112.327 - 254.33
=186.988

Aofu Environmental Technology 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 )
=(1347.626-164.997)/1479.853
=0.80

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1458.791 - 111.165
=1347.626

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=551.541 - 119.837 - 266.707
=164.997

* 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.


Aofu Environmental Technology Co Scaled Net Operating Assets Related Terms

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Aofu Environmental Technology Co (SHSE:688021) Business Description

Traded in Other Exchanges
N/A
Address
East side of south of Fumin Road, Economic Development Zone, Linyi County, Shandong Province, Dezhou, CHN, 251500
Aofu Environmental Technology Co Ltd is a China based company engaged in the manufacturing of ceramic products.
Executives
Wang Jian Zhong Director
Huang Fei Hui Core technical personnel
Ni Shou Cai Directors, senior managers, core technical personn
Feng Zhen Hai senior management
Liu Hong Yue Director
Zhang Xu Guang Supervisors

Aofu Environmental Technology Co (SHSE:688021) Headlines

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