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Qingdao NovelBeam Technology Co (SHSE:688677) Scaled Net Operating Assets : 0.52 (As of Mar. 2024)


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What is Qingdao NovelBeam 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.

Qingdao NovelBeam Technology Co's operating assets for the quarter that ended in Mar. 2024 was ¥799.7 Mil. Qingdao NovelBeam Technology Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥68.6 Mil. Qingdao NovelBeam Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ¥1,394.8 Mil. Therefore, Qingdao NovelBeam Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.52.


Qingdao NovelBeam Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Qingdao NovelBeam 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.

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Qingdao NovelBeam Technology Co Scaled Net Operating Assets Chart

Qingdao NovelBeam Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.76 0.87 0.95 0.51 0.48

Qingdao NovelBeam Technology 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 0.47 0.46 0.49 0.48 0.52

Competitive Comparison of Qingdao NovelBeam Technology Co's Scaled Net Operating Assets

For the Medical Instruments & Supplies subindustry, Qingdao NovelBeam 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.


Qingdao NovelBeam Technology Co's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

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

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



Qingdao NovelBeam 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.

Qingdao NovelBeam 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 )
=(764.078-96.172)/1393.535
=0.48

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1394.843 - 630.765
=764.078

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=102.104 - 3.643 - 2.289
=96.172

Qingdao NovelBeam 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 )
=(799.678-68.633)/1394.843
=0.52

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1398.284 - 598.606
=799.678

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73.768 - 2.921 - 2.214
=68.633

* 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 NovelBeam Technology Co Scaled Net Operating Assets Related Terms

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Qingdao NovelBeam Technology Co (SHSE:688677) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Weisi Road, Keyuan, Laoshan District, Shandong Province, Qingdao, CHN, 266100
Qingdao NovelBeam Technology Co Ltd is engaged in the research and development, production and sales of medical endoscope equipment and optical products. The product portfolio of the group includes Endoscope, Camera coupler, Camera lens, Medical optics, Biometrics and others.
Executives
Wang Fang Hua senior management
Mao Rong Zhuang Core technical personnel
Zheng Jin Lan Supervisors

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