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Anhui Conch Cement Co (SHSE:600585) Scaled Net Operating Assets : 0.61 (As of Dec. 2023)


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What is Anhui Conch Cement 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.

Anhui Conch Cement Co's operating assets for the quarter that ended in Dec. 2023 was ¥175,617 Mil. Anhui Conch Cement Co's operating liabilities for the quarter that ended in Dec. 2023 was ¥25,063 Mil. Anhui Conch Cement Co's Total Assets for the quarter that ended in Sep. 2023 was ¥247,072 Mil. Therefore, Anhui Conch Cement Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.61.


Anhui Conch Cement Co Scaled Net Operating Assets Historical Data

The historical data trend for Anhui Conch Cement 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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Anhui Conch Cement Co Scaled Net Operating Assets Chart

Anhui Conch Cement 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 0.55 0.51 0.55 0.65 0.62

Anhui Conch Cement 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 0.64 0.62 0.63 0.64 0.61

Competitive Comparison of Anhui Conch Cement Co's Scaled Net Operating Assets

For the Building Materials subindustry, Anhui Conch Cement 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.


Anhui Conch Cement Co's Scaled Net Operating Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's Scaled Net Operating Assets falls into.



Anhui Conch Cement 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.

Anhui Conch Cement 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 )
=(175616.868-25063.319)/243976.422
=0.62

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=246189.2 - 70572.332
=175616.868

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48220.472 - 15809.955 - 7347.198
=25063.319

Anhui Conch Cement 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 )
=(175616.868-25063.319)/247072.442
=0.61

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=246189.2 - 70572.332
=175616.868

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48220.472 - 15809.955 - 7347.198
=25063.319

* 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.


Anhui Conch Cement Co Scaled Net Operating Assets Related Terms

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Anhui Conch Cement Co (SHSE:600585) Business Description

Traded in Other Exchanges
Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (SHSE:600585) Headlines

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