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Titan Wind Energy (Suzhou) Co (SZSE:002531) Scaled Net Operating Assets : 0.77 (As of Mar. 2024)


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What is Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) Co's operating assets for the quarter that ended in Mar. 2024 was ¥24,433 Mil. Titan Wind Energy (Suzhou) Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥5,830 Mil. Titan Wind Energy (Suzhou) Co's Total Assets for the quarter that ended in Dec. 2023 was ¥24,311 Mil. Therefore, Titan Wind Energy (Suzhou) Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.77.


Titan Wind Energy (Suzhou) Co Scaled Net Operating Assets Historical Data

The historical data trend for Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) Co Scaled Net Operating Assets Chart

Titan Wind Energy (Suzhou) 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 0.69 0.88 0.81 0.95 0.91

Titan Wind Energy (Suzhou) 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 0.78 0.91 0.72 0.75 0.77

Competitive Comparison of Titan Wind Energy (Suzhou) Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Titan Wind Energy (Suzhou) 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.


Titan Wind Energy (Suzhou) Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Wind Energy (Suzhou) Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Titan Wind Energy (Suzhou) Co's Scaled Net Operating Assets falls into.



Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) 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 )
=(23482.897-5360.191)/19882.682
=0.91

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24310.564 - 827.667
=23482.897

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15377.214 - 6600.117 - 3416.906
=5360.191

Titan Wind Energy (Suzhou) 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 )
=(24433.302-5829.691)/24310.564
=0.77

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25002.789 - 569.487
=24433.302

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15904.239 - 6714.013 - 3360.535
=5829.691

* 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.


Titan Wind Energy (Suzhou) Co Scaled Net Operating Assets Related Terms

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Titan Wind Energy (Suzhou) Co (SZSE:002531) Business Description

Traded in Other Exchanges
N/A
Address
28 Ningbo East Road, Jiangsu, Taicang, CHN, 215400
Titan Wind Energy (Suzhou) Co Ltd is engaged in the research, design, manufacture, and distribution of wind towers. The towers are distributed to dozens of countries like the United States, Canada, Brazil, Germany, Sweden, the United Kingdom, Romania, Spain, Australia, New Zealand, Thailand, India and other parts of the world.

Titan Wind Energy (Suzhou) Co (SZSE:002531) Headlines

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