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Xinxiang Richful Lube Additive Co (SZSE:300910) Scaled Net Operating Assets : 0.50 (As of Mar. 2024)


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What is Xinxiang Richful Lube Additive 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.

Xinxiang Richful Lube Additive Co's operating assets for the quarter that ended in Mar. 2024 was ¥2,342 Mil. Xinxiang Richful Lube Additive Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥441 Mil. Xinxiang Richful Lube Additive Co's Total Assets for the quarter that ended in Dec. 2023 was ¥3,779 Mil. Therefore, Xinxiang Richful Lube Additive Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.50.


Xinxiang Richful Lube Additive Co Scaled Net Operating Assets Historical Data

The historical data trend for Xinxiang Richful Lube Additive 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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Xinxiang Richful Lube Additive Co Scaled Net Operating Assets Chart

Xinxiang Richful Lube Additive Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.85 0.46 0.34 0.44 0.48

Xinxiang Richful Lube Additive 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 0.38 0.41 0.46 0.46 0.50

Competitive Comparison of Xinxiang Richful Lube Additive Co's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Xinxiang Richful Lube Additive 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.


Xinxiang Richful Lube Additive Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinxiang Richful Lube Additive Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Xinxiang Richful Lube Additive Co's Scaled Net Operating Assets falls into.



Xinxiang Richful Lube Additive 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.

Xinxiang Richful Lube Additive 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 )
=(2146.706-531.183)/3396.682
=0.48

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3779.095 - 1632.389
=2146.706

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=625.416 - 90.583 - 3.65
=531.183

Xinxiang Richful Lube Additive 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 )
=(2342.371-440.659)/3779.095
=0.50

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3638.693 - 1296.322
=2342.371

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=546.906 - 94 - 12.247
=440.659

* 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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Xinxiang Richful Lube Additive Co (SZSE:300910) Business Description

Traded in Other Exchanges
N/A
Address
Dazhaoying Industrial Zone, Henan Province (North of Xinhuo Road), Xinxiang, CHN, 453700
Xinxiang Richful Lube Additive Co Ltd is engaged in the production and sales of fine chemical products. Its product range includes special papermaking chemicals and lubricant additives.
Executives
Ma Zhen Fang Directors, executives
Zhang Yong Supervisors
Shang Qing Chun Directors, Directors, and Executives
Wang Shao Hui Executives

Xinxiang Richful Lube Additive Co (SZSE:300910) Headlines

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