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Inner Mongolia ERDOS Resources Co (SHSE:600295) Scaled Net Operating Assets : 0.53 (As of Dec. 2023)


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What is Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co's operating assets for the quarter that ended in Dec. 2023 was ¥42,658 Mil. Inner Mongolia ERDOS Resources Co's operating liabilities for the quarter that ended in Dec. 2023 was ¥16,642 Mil. Inner Mongolia ERDOS Resources Co's Total Assets for the quarter that ended in Sep. 2023 was ¥49,177 Mil. Therefore, Inner Mongolia ERDOS Resources Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.53.


Inner Mongolia ERDOS Resources Co Scaled Net Operating Assets Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co Scaled Net Operating Assets Chart

Inner Mongolia ERDOS Resources 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 0.59 0.58 0.63 0.58 0.54

Inner Mongolia ERDOS Resources Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.60 0.61 0.55 0.57 0.53

Competitive Comparison of Inner Mongolia ERDOS Resources Co's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.


Inner Mongolia ERDOS Resources Co's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Scaled Net Operating Assets falls into.



Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources 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 )
=(42657.789-16641.696)/48109.18
=0.54

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=48568.351 - 5910.562
=42657.789

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22174.576 - 2081.38 - 3451.5
=16641.696

Inner Mongolia ERDOS Resources Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(42657.789-16641.696)/49176.695
=0.53

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=48568.351 - 5910.562
=42657.789

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22174.576 - 2081.38 - 3451.5
=16641.696

* 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.


Inner Mongolia ERDOS Resources Co Scaled Net Operating Assets Related Terms

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Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

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