Qingmu Digital Technology Co (SZSE:301110) Scaled Net Operating Assets : 0.32 (As of Mar. 2024)

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What is Qingmu Digital Technology 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.

Qingmu Digital Technology Co's operating assets for the quarter that ended in Mar. 2024 was ¥606.3 Mil. Qingmu Digital Technology Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥96.4 Mil. Qingmu Digital Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ¥1,583.4 Mil. Therefore, Qingmu Digital Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.32.

Qingmu Digital Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Qingmu Digital Technology 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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Qingmu Digital Technology Co Scaled Net Operating Assets Chart

Qingmu Digital Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.49

0.89

0.88

0.65

0.31

Qingmu Digital Technology Co Quarterly Data
	Dec17	Dec18	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															0.24	0.28	0.27	0.33	0.32

Competitive Comparison of Qingmu Digital Technology Co's Scaled Net Operating Assets

For the Specialty Business Services subindustry, Qingmu Digital Technology 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.

Qingmu Digital Technology Co's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qingmu Digital Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qingmu Digital Technology Co's Scaled Net Operating Assets falls into.

Qingmu Digital Technology 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.

Qingmu Digital Technology 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 )
=	(623.186	-	125.338)	/	1603.7
=	0.31

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1583.419	-	960.233
=	623.186

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	159.837	-	13.581	-	20.918
=	125.338

Qingmu Digital Technology 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 )
=	(606.279	-	96.372)	/	1583.419
=	0.32

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1563.48	-	957.201
=	606.279

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	132.379	-	13.736	-	22.271
=	96.372

Qingmu Digital Technology Co Scaled Net Operating Assets Related Terms

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Qingmu Digital Technology Co (SZSE:301110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qingmu Digital Technology Co Ltd (SZSE:301110) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 001, No. 32, Donghai Street South, Fenghe Jiangbei Village, Haizhu District, Guangdong Province, Guangzhou, CHN, 510310

Website

https://www.qingmutec.com

Qingmu Digital Technology Co Ltd is involved in the E-commerce sales services, brand digital marketing, technology solutions and consumer operation services.

Qingmu Digital Technology Co (SZSE:301110) Headlines

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