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Hunan Huitong Advanced Materials Co (BJSE:833751) Scaled Net Operating Assets : 0.58 (As of Dec. 2024)


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What is Hunan Huitong Advanced Materials 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.

Hunan Huitong Advanced Materials Co's operating assets for the quarter that ended in Dec. 2024 was ¥263.0 Mil. Hunan Huitong Advanced Materials Co's operating liabilities for the quarter that ended in Dec. 2024 was ¥30.8 Mil. Hunan Huitong Advanced Materials Co's Total Assets for the quarter that ended in Sep. 2024 was ¥403.4 Mil. Therefore, Hunan Huitong Advanced Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.58.


Hunan Huitong Advanced Materials Co Scaled Net Operating Assets Historical Data

The historical data trend for Hunan Huitong Advanced Materials 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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Hunan Huitong Advanced Materials Co Scaled Net Operating Assets Chart

Hunan Huitong Advanced Materials Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.64 0.78 0.73 0.56

Hunan Huitong Advanced Materials Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.52 0.56 0.54 0.59 0.58

Competitive Comparison of Hunan Huitong Advanced Materials Co's Scaled Net Operating Assets

For the Metal Fabrication subindustry, Hunan Huitong Advanced Materials 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.


Hunan Huitong Advanced Materials Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Huitong Advanced Materials Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hunan Huitong Advanced Materials Co's Scaled Net Operating Assets falls into.


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Hunan Huitong Advanced Materials 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.

Hunan Huitong Advanced Materials Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(262.964-30.835)/415.901
=0.56

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=412.12 - 149.156
=262.964

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.835 - 0 - 0
=30.835

Hunan Huitong Advanced Materials Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(262.964-30.835)/403.438
=0.58

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=412.12 - 149.156
=262.964

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.835 - 0 - 0
=30.835

* 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.


Hunan Huitong Advanced Materials Co Scaled Net Operating Assets Related Terms

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Hunan Huitong Advanced Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 489 Lusong Road, Yuelu, Hunan, Changsha, CHN, 410205
Hunan Huitong Advanced Materials Co Ltd is engaged in research & development, production and sales of metal fibers and their products. The company has a complete metal fiber production line. The main products are: various metal fibers with a diameter of 2-100m (such as stainless steel fibers, iron-chromium-aluminum fibers, nickel fibers, titanium fibers, aluminum fibers, etc.) Widely used in automotive, textile, petroleum, chemical, military, communications and other fields.

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