New Hope Liuhe Co (SZSE:000876) Scaled Net Operating Assets : 0.68 (As of Mar. 2024)

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What is New Hope Liuhe 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.

New Hope Liuhe Co's operating assets for the quarter that ended in Mar. 2024 was ¥115,839 Mil. New Hope Liuhe Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥27,420 Mil. New Hope Liuhe Co's Total Assets for the quarter that ended in Dec. 2023 was ¥129,611 Mil. Therefore, New Hope Liuhe Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.68.

New Hope Liuhe Co Scaled Net Operating Assets Historical Data

The historical data trend for New Hope Liuhe 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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New Hope Liuhe Co Scaled Net Operating Assets Chart

New Hope Liuhe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.97

1.33

0.88

0.76

0.65

New Hope Liuhe Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.75	0.74	0.70	0.67	0.68

Competitive Comparison of New Hope Liuhe Co's Scaled Net Operating Assets

For the Farm Products subindustry, New Hope Liuhe 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.

New Hope Liuhe Co's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Hope Liuhe Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where New Hope Liuhe Co's Scaled Net Operating Assets falls into.

New Hope Liuhe 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.

New Hope Liuhe 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 )
=	(118752.329	-	29715.1)	/	136679.954
=	0.65

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	129610.606	-	10858.277
=	118752.329

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	93680.229	-	37608.269	-	26356.86
=	29715.1

New Hope Liuhe Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(115839.093	-	27419.708)	/	129610.606
=	0.68

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	126786.861	-	10947.768
=	115839.093

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	93855.648	-	38921.281	-	27514.659
=	27419.708

New Hope Liuhe Co Scaled Net Operating Assets Related Terms

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New Hope Liuhe Co (SZSE:000876) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Hope Liuhe Co Ltd (SZSE:000876) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

Mianyang National High-Tech Industrial Development Area, Sichuan Province, Chengdu, CHN, 621006

Website

http://www.newhopeagri.com

New Hope Liuhe Co Ltd engaged in agriculture and animal husbandry products. The company focuses on the development of feed, breeding, meat products, and financial investment. It derives maximum revenue from China and also has a presence in Vietnam, the Philippines, Bangladesh, Indonesia, Cambodia, Sri Lanka, Singapore, and Egypt.

New Hope Liuhe Co (SZSE:000876) Headlines

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