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Diwang Industrial Holdings (HKSE:01950) Scaled Net Operating Assets : 0.87 (As of Jun. 2024)


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What is Diwang Industrial 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.

Diwang Industrial Holdings's operating assets for the quarter that ended in Jun. 2024 was HK$791.4 Mil. Diwang Industrial Holdings's operating liabilities for the quarter that ended in Jun. 2024 was HK$87.6 Mil. Diwang Industrial Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$806.8 Mil. Therefore, Diwang Industrial Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.87.


Diwang Industrial Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Diwang Industrial 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.

Diwang Industrial Holdings Scaled Net Operating Assets Chart

Diwang Industrial Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.85 0.82 0.80 0.89 1.33

Diwang Industrial Holdings Semi-Annual Data
Dec16 Dec17 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 0.83 0.84 0.83 1.21 0.87

Competitive Comparison of Diwang Industrial Holdings's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Diwang Industrial 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.


Diwang Industrial Holdings's Scaled Net Operating Assets Distribution in the Chemicals Industry

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

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



Diwang Industrial 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.

Diwang Industrial 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 )
=(742.803-80.946)/498.477
=1.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=806.761 - 63.958
=742.803

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=108.29 - 0 - 27.344
=80.946

Diwang Industrial 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 )
=(791.405-87.606)/806.761
=0.87

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=845.399 - 53.994
=791.405

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=136.05 - 0 - 48.444
=87.606

* 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.


Diwang Industrial Holdings Scaled Net Operating Assets Related Terms

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Diwang Industrial Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.2, Jiangshan Road, Meicheng Town, Jiande County, Zhejiang Province, Hangzhou, CHN
Diwang Industrial Holdings Ltd, formerly Sunlight Technology Holdings Ltd, is an investment holding company mainly engaged in the faux leather chemicals business. The Company's business includes research and development, manufacturing and sale of coating agents and synthetic resins. The Company provides a wide range of faux leather chemical products, including colorants, namely, color paste and color chips, finishes, additives, and synthetic resins, for the manufacturing of polyurethane (PU) leather and polyvinyl chloride (PVC) leather. The Company distributes its products within the domestic market and to overseas markets.
Executives
Zheng Xiuyue 2101 Beneficial owner
Wong Waiyip
Cai Jianming 2201 Interest of corporation controlled by you
Chen Hua 2201 Interest of corporation controlled by you
Chen Yong 2201 Interest of corporation controlled by you
He Zhangcai 2201 Interest of corporation controlled by you
Li Xiangyu 2201 Interest of corporation controlled by you
Lilian Global Investment Limited 2101 Beneficial owner
Liu Jing 2201 Interest of corporation controlled by you
Sunlight Global Investment Limited 2101 Beneficial owner
Zhao Xuesheng 2201 Interest of corporation controlled by you
Zhu Jianqin 2201 Interest of corporation controlled by you

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