GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JL Mag Rare-Earth Co Ltd (SZSE:300748) » Definitions » Scaled Net Operating Assets

JL Mag Rare-Earth Co (SZSE:300748) Scaled Net Operating Assets : 0.34 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is JL Mag Rare-Earth 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.

JL Mag Rare-Earth Co's operating assets for the quarter that ended in Dec. 2023 was ¥7,731 Mil. JL Mag Rare-Earth Co's operating liabilities for the quarter that ended in Dec. 2023 was ¥3,827 Mil. JL Mag Rare-Earth Co's Total Assets for the quarter that ended in Sep. 2023 was ¥11,397 Mil. Therefore, JL Mag Rare-Earth Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.34.


JL Mag Rare-Earth Co Scaled Net Operating Assets Historical Data

The historical data trend for JL Mag Rare-Earth 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.

JL Mag Rare-Earth Co Scaled Net Operating Assets Chart

JL Mag Rare-Earth 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 0.70 0.67 0.92 0.66 0.35

JL Mag Rare-Earth 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 0.37 0.35 0.33 0.36 0.34

Competitive Comparison of JL Mag Rare-Earth Co's Scaled Net Operating Assets

For the Metal Fabrication subindustry, JL Mag Rare-Earth 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.


JL Mag Rare-Earth Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where JL Mag Rare-Earth Co's Scaled Net Operating Assets falls into.



JL Mag Rare-Earth 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.

JL Mag Rare-Earth 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 )
=(7730.684-3827.182)/11220.456
=0.35

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11825.954 - 4095.27
=7730.684

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4788.802 - 553.266 - 408.354
=3827.182

JL Mag Rare-Earth 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 )
=(7730.684-3827.182)/11396.576
=0.34

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11825.954 - 4095.27
=7730.684

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4788.802 - 553.266 - 408.354
=3827.182

* 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.


JL Mag Rare-Earth Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of JL Mag Rare-Earth Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


JL Mag Rare-Earth Co (SZSE:300748) Business Description

Traded in Other Exchanges
Address
81 West Jinling Road, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000
JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.

JL Mag Rare-Earth Co (SZSE:300748) Headlines

No Headlines