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Tang Eng Iron Works Co (ROCO:2035) Scaled Net Operating Assets : 0.75 (As of Dec. 2024)


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What is Tang Eng Iron Works 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.

Tang Eng Iron Works Co's operating assets for the quarter that ended in Dec. 2024 was NT$17,609 Mil. Tang Eng Iron Works Co's operating liabilities for the quarter that ended in Dec. 2024 was NT$4,272 Mil. Tang Eng Iron Works Co's Total Assets for the quarter that ended in Sep. 2024 was NT$17,709 Mil. Therefore, Tang Eng Iron Works Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.75.


Tang Eng Iron Works Co Scaled Net Operating Assets Historical Data

The historical data trend for Tang Eng Iron Works 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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Tang Eng Iron Works Co Scaled Net Operating Assets Chart

Tang Eng Iron Works Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.80 0.62 0.70 0.80

Tang Eng Iron Works Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.72 0.72 0.72 0.75 0.75

Competitive Comparison of Tang Eng Iron Works Co's Scaled Net Operating Assets

For the Steel subindustry, Tang Eng Iron Works 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.


Tang Eng Iron Works Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tang Eng Iron Works Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tang Eng Iron Works Co's Scaled Net Operating Assets falls into.


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Tang Eng Iron Works 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.

Tang Eng Iron Works Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(17609.294-4272.454)/16666.468
=0.80

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17723.463 - 114.169
=17609.294

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13896.86 - 7150 - 2474.406
=4272.454

Tang Eng Iron Works Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(17609.294-4272.454)/17709.124
=0.75

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17723.463 - 114.169
=17609.294

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13896.86 - 7150 - 2474.406
=4272.454

* 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.


Tang Eng Iron Works Co Scaled Net Operating Assets Related Terms

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Tang Eng Iron Works Co Business Description

Traded in Other Exchanges
N/A
Address
No.4 Yen Hai 2nd Road, Xiaogang District, Hsiao Kang, Kaohsiung, TWN, 81260
Tang Eng Iron Works Co Ltd is engaged in the production and distribution of stainless steel products in Taiwan. It produces stainless steel, including AISI 200, AISI 300, and 400 grades of steel billet as well as hot and cold rolled steel coil.

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