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Minmetals Development Co (SHSE:600058) Scaled Net Operating Assets : 0.32 (As of Sep. 2024)


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What is Minmetals Development 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.

Minmetals Development Co's operating assets for the quarter that ended in Sep. 2024 was ¥25,573 Mil. Minmetals Development Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥16,277 Mil. Minmetals Development Co's Total Assets for the quarter that ended in Jun. 2024 was ¥29,269 Mil. Therefore, Minmetals Development Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.32.


Minmetals Development Co Scaled Net Operating Assets Historical Data

The historical data trend for Minmetals Development 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.

* Premium members only.

Minmetals Development Co Scaled Net Operating Assets Chart

Minmetals Development Co 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 0.38 0.41 0.36 0.31 0.31

Minmetals Development Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.33 0.24 0.54 0.35 0.32

Competitive Comparison of Minmetals Development Co's Scaled Net Operating Assets

For the Steel subindustry, Minmetals Development 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.


Minmetals Development Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Minmetals Development Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Minmetals Development Co's Scaled Net Operating Assets falls into.



Minmetals Development 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.

Minmetals Development 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 )
=(20764.368-13620.496)/23205.665
=0.31

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22736.202 - 1971.834
=20764.368

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15078.603 - 178.808 - 1279.299
=13620.496

Minmetals Development Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(25572.638-16276.998)/29268.671
=0.32

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27671.55 - 2098.912
=25572.638

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20007.016 - 628.507 - 3101.511
=16276.998

* 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.


Minmetals Development Co Scaled Net Operating Assets Related Terms

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Minmetals Development Co Business Description

Traded in Other Exchanges
N/A
Address
Building B, No. 5 Sanlihe Road, Haiding District, Beijing, CHN, 100044
Minmetals Development Co Ltd is a steel distribution service provider. The activities of the company include the supply of metallurgical raw materials which includes iron ore, coal, coke, and pig iron, steel trading, processing and distribution, and logistics services.
Executives
Zong Qing Sheng Director
Xu Qiang senior management
Ren Jian Hua senior management
Chen Shao Rong senior management
Feng Gui Quan senior management
Cui Qing Lian senior management
Yao Zi Ping Director
Zhang Yuan Rong Director
Yu Min Supervisors
Zhou Zhong Shu Director
Lu Shao Bo Supervisors
Gao Yong senior management
Wang Zhong Liang senior management

Minmetals Development Co Headlines

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