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Lets Holdings Group Co (SZSE:002398) Scaled Net Operating Assets : 0.53 (As of Mar. 2024)


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What is Lets Holdings 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.

Lets Holdings Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥5,445 Mil. Lets Holdings Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥2,032 Mil. Lets Holdings Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥6,472 Mil. Therefore, Lets Holdings Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.53.


Lets Holdings Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Lets Holdings 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.

* Premium members only.

Lets Holdings Group Co Scaled Net Operating Assets Chart

Lets Holdings Group Co 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 0.66 0.59 0.56 0.52 0.51

Lets Holdings Group 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 0.56 0.58 0.53 0.50 0.53

Competitive Comparison of Lets Holdings Group Co's Scaled Net Operating Assets

For the Building Materials subindustry, Lets Holdings 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.


Lets Holdings Group Co's Scaled Net Operating Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lets Holdings Group Co's Scaled Net Operating Assets distribution charts can be found below:

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



Lets Holdings 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.

Lets Holdings 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 )
=(5530.185-2279.925)/6376.613
=0.51

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6472.391 - 942.206
=5530.185

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2744.542 - 455.523 - 9.094
=2279.925

Lets Holdings 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 )
=(5444.888-2032.276)/6472.391
=0.53

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6270.952 - 826.064
=5444.888

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2521.684 - 480.963 - 8.445
=2032.276

* 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.


Lets Holdings Group Co Scaled Net Operating Assets Related Terms

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Lets Holdings Group Co (SZSE:002398) Business Description

Traded in Other Exchanges
N/A
Address
No. 62 Hubin South Road, Simin District, Fujian, Xiamen, CHN, 361004
Lets Holdings Group Co Ltd is a China-based company engaged in the comprehensive technical service of buildings, commercial concrete, concrete admixtures, autoclaved aerated concrete block, and special engineering construction. It is also an information technology and intelligent service provider.
Executives
Cai Yong Tai Directors, executives
Ma Xiu Xing Directors, executives
Li Xiao Bin Directors, executives
Ye Bin Executives
Guo Yuan Qiang Supervisors
Lin Yan Ni Supervisors
Huang Ming Hui Executives
Gui Miao Miao Director
Lin Qian Yu Directors, Directors, and Executives
Ke Lin Xiang Securities Affairs Representative

Lets Holdings Group Co (SZSE:002398) Headlines

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