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Tiande Chemical Holdings (HKSE:00609) Scaled Net Operating Assets : 0.63 (As of Jun. 2024)


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What is Tiande Chemical Holdings 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.

Tiande Chemical Holdings's operating assets for the quarter that ended in Jun. 2024 was HK$2,464 Mil. Tiande Chemical Holdings's operating liabilities for the quarter that ended in Jun. 2024 was HK$444 Mil. Tiande Chemical Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$3,196 Mil. Therefore, Tiande Chemical Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.63.


Tiande Chemical Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Tiande Chemical Holdings'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.

Tiande Chemical Holdings Scaled Net Operating Assets Chart

Tiande Chemical Holdings 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 0.80 0.82 0.91 0.81 0.64

Tiande Chemical Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.78 0.70 0.61 0.64 0.63

Competitive Comparison of Tiande Chemical Holdings's Scaled Net Operating Assets

For the Chemicals subindustry, Tiande Chemical Holdings'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.


Tiande Chemical Holdings's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tiande Chemical Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tiande Chemical Holdings's Scaled Net Operating Assets falls into.


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Tiande Chemical Holdings 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.

Tiande Chemical Holdings'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 )
=(2523.08-398.4)/3305.729
=0.64

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3195.823 - 672.743
=2523.08

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=398.4 - 0 - 0
=398.4

Tiande Chemical Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(2464.448-444.378)/3195.823
=0.63

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3219.18 - 754.732
=2464.448

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=515.43 - 0 - 71.052
=444.378

* 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.


Tiande Chemical Holdings Scaled Net Operating Assets Related Terms

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Tiande Chemical Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 3877 Wolong East Street, Weifang High Tech Industry Development Zone, Shandong Province, Weifang, CHN, 261061
Tiande Chemical Holdings Ltd, through its subsidiaries is an investment holding company whose principal business includes research and development, manufacture, and sales of chemical products. Its product offering includes Cyanoacrylate monomer, Malonate series, Edta series and Cyanoacetate series of products. The group derives revenue from the sales made in the PRC, India, U.S., Taiwan, U.K and Other countries, of which prime revenue is derived from the PRC.
Executives
Liu Yang 2101 Beneficial owner
Cheerhill Group Limited 2101 Beneficial owner
Wang Zijiang 2101 Beneficial owner
Sun Jianhua 2101 Beneficial owner
Zheng Hong 2101 Beneficial owner
Gao Feng 2202 Interest of your spouse

Tiande Chemical Holdings Headlines

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