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Tongling Jingda Special Magnet Wire Co (SHSE:600577) Scaled Net Operating Assets : 0.70 (As of Mar. 2025)


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What is Tongling Jingda Special Magnet Wire 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.

Tongling Jingda Special Magnet Wire Co's operating assets for the quarter that ended in Mar. 2025 was ¥11,662 Mil. Tongling Jingda Special Magnet Wire Co's operating liabilities for the quarter that ended in Mar. 2025 was ¥2,883 Mil. Tongling Jingda Special Magnet Wire Co's Total Assets for the quarter that ended in Dec. 2024 was ¥12,627 Mil. Therefore, Tongling Jingda Special Magnet Wire Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 0.70.


Tongling Jingda Special Magnet Wire Co Scaled Net Operating Assets Historical Data

The historical data trend for Tongling Jingda Special Magnet Wire 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.

Tongling Jingda Special Magnet Wire Co Scaled Net Operating Assets Chart

Tongling Jingda Special Magnet Wire Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.68 0.66 0.63 0.80

Tongling Jingda Special Magnet Wire Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.67 0.72 0.68 0.70 0.70

Competitive Comparison of Tongling Jingda Special Magnet Wire Co's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Tongling Jingda Special Magnet Wire 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.


Tongling Jingda Special Magnet Wire Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tongling Jingda Special Magnet Wire Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tongling Jingda Special Magnet Wire Co's Scaled Net Operating Assets falls into.


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Tongling Jingda Special Magnet Wire 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.

Tongling Jingda Special Magnet Wire Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(11509.102-2521.129)/11312.731
=0.79

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12626.656 - 1117.554
=11509.102

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6736.913 - 552.459 - 3663.325
=2521.129

Tongling Jingda Special Magnet Wire Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Dec. 2024 )
=(11662.249-2883.126)/12626.656
=0.70

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13064.273 - 1402.024
=11662.249

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7040.264 - 593.56 - 3563.578
=2883.126

* 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.


Tongling Jingda Special Magnet Wire Co Scaled Net Operating Assets Related Terms

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Tongling Jingda Special Magnet Wire Co Business Description

Traded in Other Exchanges
N/A
Address
Wu Tong Road, Economic and Technological Development Zone, tongling, Anhui, CHN, 244000
Tongling Jingda Special Magnet Wire Co Ltd manufactures magnet wire. Its products include Magnet wire; Automobile wire; Special conductor; Rod material and Die.
Executives
Chu Zhong Jing Director
Wang Shi Gen Director

Tongling Jingda Special Magnet Wire Co Headlines

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