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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Scaled Net Operating Assets : 0.69 (As of Mar. 2024)


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What is M-Grass Ecology And Environment (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.

M-Grass Ecology And Environment (Group) Co's operating assets for the quarter that ended in Mar. 2024 was ¥14,219 Mil. M-Grass Ecology And Environment (Group) Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥3,244 Mil. M-Grass Ecology And Environment (Group) Co's Total Assets for the quarter that ended in Dec. 2023 was ¥15,937 Mil. Therefore, M-Grass Ecology And Environment (Group) Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.69.


M-Grass Ecology And Environment (Group) Co Scaled Net Operating Assets Historical Data

The historical data trend for M-Grass Ecology And Environment (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.

M-Grass Ecology And Environment (Group) Co Scaled Net Operating Assets Chart

M-Grass Ecology And Environment (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 0.71 0.68 0.75 0.72 0.66

M-Grass Ecology And Environment (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 0.74 0.74 0.69 0.69 0.69

Competitive Comparison of M-Grass Ecology And Environment (Group) Co's Scaled Net Operating Assets

For the Engineering & Construction subindustry, M-Grass Ecology And Environment (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.


M-Grass Ecology And Environment (Group) Co's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, M-Grass Ecology And Environment (Group) Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where M-Grass Ecology And Environment (Group) Co's Scaled Net Operating Assets falls into.



M-Grass Ecology And Environment (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.

M-Grass Ecology And Environment (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 )
=(14596.031-3917.644)/16072.441
=0.66

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15937.335 - 1341.304
=14596.031

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10021.906 - 2884.75 - 3219.512
=3917.644

M-Grass Ecology And Environment (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 )
=(14219.463-3244.349)/15937.335
=0.69

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15383.03 - 1163.567
=14219.463

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9497.996 - 2929.434 - 3324.213
=3244.349

* 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.


M-Grass Ecology And Environment (Group) Co Scaled Net Operating Assets Related Terms

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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 West Yindu building B block 3 layer, Inner Mongolia City College of Hohhot, Huhehot, CHN
M-Grass Ecology And Environment (Group) Co Ltd, formerly Inner Mongolia M-Grass Ecology and Environment (Group) Co Ltd is an ecological restoration company. It provides services to industry in ecological restoration, water gardens, eco-ranch, pasture seed industry, and modern grass industry. Geographically operates through China.
Executives
Wang Zhao Ming Director
Jiao Guo Shan Director
Xu Yong Li Director
Wang Yuan Yuan Executives
Wang Jian Jun Executives
Zhang Zhen Hua Independent director
Li Jin Xia Independent director
Xing Wen Rui Directors, executives
Huang Fu Sheng Executives
Guo Li Xia Supervisors
Sun Xian Hong Director
Zhao Yan Director
Hao Yan Tao Supervisors
Yang Yong Sheng Supervisors

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Headlines

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