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Xinyu Iron And Steel Co (SHSE:600782) Scaled Net Operating Assets : 0.56 (As of Dec. 2023)


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What is Xinyu Iron And Steel 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.

Xinyu Iron And Steel Co's operating assets for the quarter that ended in Dec. 2023 was ¥48,476 Mil. Xinyu Iron And Steel Co's operating liabilities for the quarter that ended in Dec. 2023 was ¥19,324 Mil. Xinyu Iron And Steel Co's Total Assets for the quarter that ended in Sep. 2023 was ¥52,480 Mil. Therefore, Xinyu Iron And Steel Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.56.


Xinyu Iron And Steel Co Scaled Net Operating Assets Historical Data

The historical data trend for Xinyu Iron And Steel 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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Xinyu Iron And Steel Co Scaled Net Operating Assets Chart

Xinyu Iron And Steel 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 0.47 0.50 0.48 0.45 0.55

Xinyu Iron And Steel 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 0.45 0.51 0.50 0.52 0.56

Competitive Comparison of Xinyu Iron And Steel Co's Scaled Net Operating Assets

For the Steel subindustry, Xinyu Iron And Steel 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.


Xinyu Iron And Steel Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Xinyu Iron And Steel Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Xinyu Iron And Steel Co's Scaled Net Operating Assets falls into.



Xinyu Iron And Steel 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.

Xinyu Iron And Steel 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 )
=(48476.334-19323.656)/53255.181
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52934.759 - 4458.425
=48476.334

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25631.775 - 3309.712 - 2998.407
=19323.656

Xinyu Iron And Steel 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 )
=(48476.334-19323.656)/52479.592
=0.56

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52934.759 - 4458.425
=48476.334

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25631.775 - 3309.712 - 2998.407
=19323.656

* 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.


Xinyu Iron And Steel Co Scaled Net Operating Assets Related Terms

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Xinyu Iron And Steel Co (SHSE:600782) Business Description

Traded in Other Exchanges
N/A
Address
Chengdong Economic Development Zone, Xinyu, Jiangxi, CHN, 338004
Xinyu Iron And Steel Co Ltd deals in products like the hot rolled coil, cold rolled sheet, wire rod, rebar, round bar, steel pipe, steel strip, and metal products. The products of the company are exported to more than twenty countries and regions such as Europe, the United States, Brazil, the Middle East, South Korea, Japan, Southeast Asia, and India.

Xinyu Iron And Steel Co (SHSE:600782) Headlines

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