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Zhejiang Tony Electronic Co (SHSE:603595) Scaled Net Operating Assets : 0.81 (As of Sep. 2023)


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What is Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co's operating assets for the quarter that ended in Sep. 2023 was ¥5,617 Mil. Zhejiang Tony Electronic Co's operating liabilities for the quarter that ended in Sep. 2023 was ¥1,330 Mil. Zhejiang Tony Electronic Co's Total Assets for the quarter that ended in Jun. 2023 was ¥5,270 Mil. Therefore, Zhejiang Tony Electronic Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.81.


Zhejiang Tony Electronic Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co Scaled Net Operating Assets Chart

Zhejiang Tony Electronic Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.92 0.83 0.99 1.06

Zhejiang Tony Electronic Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.90 0.84 0.81 0.90 0.81

Competitive Comparison of Zhejiang Tony Electronic Co's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Zhejiang Tony Electronic 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.


Zhejiang Tony Electronic Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tony Electronic Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Tony Electronic Co's Scaled Net Operating Assets falls into.



Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(4181.652-715.733)/3271.619
=1.06

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4288.304 - 106.652
=4181.652

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2276.5 - 949.871 - 610.896
=715.733

Zhejiang Tony Electronic Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(5616.913-1330.431)/5270.23
=0.81

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5992.082 - 375.169
=5616.913

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3383.645 - 829.416 - 1223.798
=1330.431

* 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.


Zhejiang Tony Electronic Co Scaled Net Operating Assets Related Terms

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Zhejiang Tony Electronic Co (SHSE:603595) Business Description

Traded in Other Exchanges
N/A
Address
China Town Road No.88, Wuzhou District, Zhejiang Province, Huzhou City, CHN, 313008
Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.

Zhejiang Tony Electronic Co (SHSE:603595) Headlines

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