MHUA (Meihua International Medical Technologies Co) Scaled Net Operating Assets : 0.83 (As of Jun. 2024)

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What is Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co's operating assets for the quarter that ended in Jun. 2024 was $160.67 Mil. Meihua International Medical Technologies Co's operating liabilities for the quarter that ended in Jun. 2024 was $17.82 Mil. Meihua International Medical Technologies Co's Total Assets for the quarter that ended in Dec. 2023 was $171.92 Mil. Therefore, Meihua International Medical Technologies Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.83.

Meihua International Medical Technologies Co Scaled Net Operating Assets Historical Data

The historical data trend for Meihua International Medical Technologies 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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Meihua International Medical Technologies Co Scaled Net Operating Assets Chart

Meihua International Medical Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.63

1.10

0.99

0.87

0.84

Meihua International Medical Technologies Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial					0.83	0.72	0.79	0.84	0.83

Competitive Comparison of Meihua International Medical Technologies Co's Scaled Net Operating Assets

For the Medical Instruments & Supplies subindustry, Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Meihua International Medical Technologies Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Meihua International Medical Technologies Co's Scaled Net Operating Assets falls into.

Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co'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 )
=	(154.988	-	17.745)	/	163.578
=	0.84

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	171.915	-	16.927
=	154.988

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	25.077	-	0.005	-	7.327
=	17.745

Meihua International Medical Technologies Co'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 )
=	(160.672	-	17.823)	/	171.915
=	0.83

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	179.163	-	18.491
=	160.672

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	29.59	-	0	-	11.767
=	17.823

Meihua International Medical Technologies Co Scaled Net Operating Assets Related Terms

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Meihua International Medical Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000

Website

http://www.meihuamed.com

Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.