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Hebei Runnong Waterving Technology Co (BJSE:830964) Scaled Net Operating Assets : 0.79 (As of Sep. 2024)


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What is Hebei Runnong Waterving 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.

Hebei Runnong Waterving Technology Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,272.1 Mil. Hebei Runnong Waterving Technology Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥262.7 Mil. Hebei Runnong Waterving Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,270.5 Mil. Therefore, Hebei Runnong Waterving Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.79.


Hebei Runnong Waterving Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Hebei Runnong Waterving 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.

* Premium members only.

Hebei Runnong Waterving Technology Co Scaled Net Operating Assets Chart

Hebei Runnong Waterving Technology 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 0.85 0.82 0.71 0.67 0.76

Hebei Runnong Waterving Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.77 0.75 0.81 0.83 0.80

Competitive Comparison of Hebei Runnong Waterving Technology Co's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Hebei Runnong Waterving 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.


Hebei Runnong Waterving Technology Co's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hebei Runnong Waterving Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hebei Runnong Waterving Technology Co's Scaled Net Operating Assets falls into.



Hebei Runnong Waterving 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.

Hebei Runnong Waterving 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 )
=(1056.007-233.195)/1076.532
=0.76

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1147.852 - 91.845
=1056.007

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=250.909 - 5.186 - 12.528
=233.195

Hebei Runnong Waterving Technology Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(1272.106-262.667)/1270.519
=0.79

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1323.307 - 51.201
=1272.106

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=418.683 - 40.39 - 115.626
=262.667

* 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.


Hebei Runnong Waterving Technology Co Scaled Net Operating Assets Related Terms

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Hebei Runnong Waterving Technology Co Business Description

Traded in Other Exchanges
N/A
Address
South side of National Highway 102, Development Zone, Yutian County, Hebei Province, Tangshan, CHN, 064100
Hebei Runnong Water saving Technology Co Ltd is specializing in research and development, manufacturing, irrigation engineering design, and construction of water-saving irrigation products. The company product includes filter system for water-saving irrigation, automatic fertilization system, water-saving drip irrigation pipe (belt), frequency conversion control cabinet, sprinkler irrigation equipment, and others.

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