Huaibei GreenGold Industry Investment Co (HKSE:02450) Scaled Net Operating Assets : 0.56 (As of Jun. 2023)

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What is Huaibei GreenGold Industry Investment 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.

Huaibei GreenGold Industry Investment Co's operating assets for the quarter that ended in Jun. 2023 was HK$2,206.6 Mil. Huaibei GreenGold Industry Investment Co's operating liabilities for the quarter that ended in Jun. 2023 was HK$782.5 Mil. Huaibei GreenGold Industry Investment Co's Total Assets for the quarter that ended in Dec. 2022 was HK$2,560.2 Mil. Therefore, Huaibei GreenGold Industry Investment Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.56.

Huaibei GreenGold Industry Investment Co Scaled Net Operating Assets Historical Data

The historical data trend for Huaibei GreenGold Industry Investment 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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Huaibei GreenGold Industry Investment Co Scaled Net Operating Assets Chart

Huaibei GreenGold Industry Investment Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.61

0.69

1.19

0.48

0.57

Huaibei GreenGold Industry Investment Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial				-	-	0.54	0.56	0.61

Competitive Comparison of Huaibei GreenGold Industry Investment Co's Scaled Net Operating Assets

For the Building Materials subindustry, Huaibei GreenGold Industry Investment 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.

Huaibei GreenGold Industry Investment Co's Scaled Net Operating Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Huaibei GreenGold Industry Investment Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Huaibei GreenGold Industry Investment Co's Scaled Net Operating Assets falls into.

Huaibei GreenGold Industry Investment 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.

Huaibei GreenGold Industry Investment Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(2321.618	-	948.689)	/	2865.669
=	0.48

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2560.238	-	238.62
=	2321.618

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1954.145	-	964.584	-	40.872
=	948.689

Huaibei GreenGold Industry Investment Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(2206.648	-	782.517)	/	2560.238
=	0.56

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2390.056	-	183.408
=	2206.648

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1696.228	-	315.556	-	598.155
=	782.517

Huaibei GreenGold Industry Investment Co Scaled Net Operating Assets Related Terms

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Huaibei GreenGold Industry Investment Co (HKSE:02450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huaibei GreenGold Industry Investment Co Ltd (HKSE:02450) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Taobo Road, 4th Floor, Shuangchuang Service Centre, Song Tuan Town, Lieshan District, Anhui Province, Huaibei, CHN

Website

http://www.ljgfjt.com

Huaibei GreenGold Industry Investment Co Ltd is a China-based company chiefly engaged in the production and sales of construction material products. The company's main products include aggregate products and concrete products. The aggregate products mainly include general materials, stone powder, 0.5-1 construction aggregate, 1-2 construction aggregate, and 1-3 construction aggregate. The concrete products mainly include ready-mixed concrete, cement-stabilized macadam, and asphalt concrete.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Chu David	2101 Beneficial owner

Huaibei GreenGold Industry Investment Co (HKSE:02450) Headlines

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