GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Renheng Enterprise Holdings Ltd (HKSE:03628) » Definitions » Scaled Net Operating Assets

Renheng Enterprise Holdings (HKSE:03628) Scaled Net Operating Assets : 0.21 (As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Renheng Enterprise 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.

Renheng Enterprise Holdings's operating assets for the quarter that ended in Jun. 2024 was HK$166.8 Mil. Renheng Enterprise Holdings's operating liabilities for the quarter that ended in Jun. 2024 was HK$116.1 Mil. Renheng Enterprise Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$235.5 Mil. Therefore, Renheng Enterprise Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.21.


Renheng Enterprise Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Renheng Enterprise 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.

Renheng Enterprise Holdings Scaled Net Operating Assets Chart

Renheng Enterprise 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 0.23 0.12 0.13 0.05 0.15

Renheng Enterprise 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 0.15 0.06 0.14 0.17 0.22

Competitive Comparison of Renheng Enterprise Holdings's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Renheng Enterprise 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.


Renheng Enterprise Holdings's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Renheng Enterprise Holdings's Scaled Net Operating Assets distribution charts can be found below:

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



Renheng Enterprise 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.

Renheng Enterprise 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 )
=(149.417-111.919)/258.448
=0.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=235.517 - 86.1
=149.417

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=112.131 - 0 - 0.212
=111.919

Renheng Enterprise 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 )
=(166.764-116.132)/235.517
=0.21

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=246.406 - 79.642
=166.764

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.249 - 0 - 0.117
=116.132

* 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.


Renheng Enterprise Holdings Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Renheng Enterprise Holdings's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Renheng Enterprise Holdings Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, Room 3805, 38th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Renheng Enterprise Holdings Ltd is an investment holding company that along with its subsidiaries, is engaged in the manufacture and sale of tobacco machinery products in the PRC. The company mainly produces three types of cataloged special-purpose tobacco machinery products, namely casing and flavoring systems, pneumatic feeding systems, and pre-pressing packing machines. It is also engaged in providing maintenance, overhaul, and modification services for tobacco machinery products. The company generates a majority of its revenue from construction contracts for casing and flavouring systems.

Renheng Enterprise Holdings Headlines

No Headlines