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Shandong Intco Recycling Resources Co (SHSE:688087) Scaled Net Operating Assets : 0.72 (As of Mar. 2024)


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What is Shandong Intco Recycling Resources 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.

Shandong Intco Recycling Resources Co's operating assets for the quarter that ended in Mar. 2024 was ¥3,359 Mil. Shandong Intco Recycling Resources Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥483 Mil. Shandong Intco Recycling Resources Co's Total Assets for the quarter that ended in Dec. 2023 was ¥4,017 Mil. Therefore, Shandong Intco Recycling Resources Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.72.


Shandong Intco Recycling Resources Co Scaled Net Operating Assets Historical Data

The historical data trend for Shandong Intco Recycling Resources 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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Shandong Intco Recycling Resources Co Scaled Net Operating Assets Chart

Shandong Intco Recycling Resources Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.73 0.81 0.95 0.78 0.76

Shandong Intco Recycling Resources Co Quarterly Data
Dec18 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 0.60 0.56 0.52 0.59 0.72

Competitive Comparison of Shandong Intco Recycling Resources Co's Scaled Net Operating Assets

For the Waste Management subindustry, Shandong Intco Recycling Resources 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.


Shandong Intco Recycling Resources Co's Scaled Net Operating Assets Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shandong Intco Recycling Resources Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shandong Intco Recycling Resources Co's Scaled Net Operating Assets falls into.



Shandong Intco Recycling Resources 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.

Shandong Intco Recycling Resources 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 )
=(2670.69-442.017)/2921.948
=0.76

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4016.685 - 1345.995
=2670.69

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1777.955 - 2.262 - 1333.676
=442.017

Shandong Intco Recycling Resources 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 )
=(3359.321-483.28)/4016.685
=0.72

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4496.739 - 1137.418
=3359.321

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2187.588 - 2.506 - 1701.802
=483.28

* 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.


Shandong Intco Recycling Resources Co Scaled Net Operating Assets Related Terms

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Shandong Intco Recycling Resources Co (SHSE:688087) Business Description

Traded in Other Exchanges
N/A
Address
Qingtian Road, Qilu Chemical Industrial Park, Linzi District, Shandong Province, Zibo, CHN, 255414
Shandong Intco Recycling Resources Co Ltd is an innovative plastic recycling and recycling company. It is mainly engaged in the recycling and utilization of renewable plastics.

Shandong Intco Recycling Resources Co (SHSE:688087) Headlines

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