Migao Group Holdings (HKSE:09879) Scaled Net Operating Assets : 0.69 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Migao Group 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.

Migao Group Holdings's operating assets for the quarter that ended in Mar. 2024 was HK$4,121 Mil. Migao Group Holdings's operating liabilities for the quarter that ended in Mar. 2024 was HK$1,564 Mil. Migao Group Holdings's Total Assets for the quarter that ended in Mar. 2023 was HK$3,689 Mil. Therefore, Migao Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.69.

Migao Group Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Migao Group 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.

Migao Group Holdings Scaled Net Operating Assets Chart

Migao Group Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Scaled Net Operating Assets

0.33

0.57

0.39

0.69

Migao Group Holdings Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Scaled Net Operating Assets	0.33	0.57	0.39	0.69

Competitive Comparison of Migao Group Holdings's Scaled Net Operating Assets

For the Agricultural Inputs subindustry, Migao Group 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.

Migao Group Holdings's Scaled Net Operating Assets Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Migao Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Migao Group 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.

Migao Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(4120.544	-	1563.513)	/	3688.994
=	0.69

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5002.993	-	882.449
=	4120.544

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2161.563	-	179.197	-	418.853
=	1563.513

Migao Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Mar. 2023 )
=	(4120.544	-	1563.513)	/	3688.994
=	0.69

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5002.993	-	882.449
=	4120.544

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2161.563	-	179.197	-	418.853
=	1563.513

Migao Group Holdings Scaled Net Operating Assets Related Terms

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

Migao Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Migao Group Holdings Ltd (HKSE:09879) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN

Website

https://www.migaogroup.com

Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.

Executives

Liu Guocai	2201 Interest of corporation controlled by you
Migao Holding Limited	2101 Beneficial owner
Migao International Holding Limited	2201 Interest of corporation controlled by you

Migao Group Holdings Headlines

No Headlines