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Xinjiang Tianye Co (SHSE:600075) Scaled Net Operating Assets : 0.71 (As of Sep. 2024)


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What is Xinjiang Tianye 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.

Xinjiang Tianye Co's operating assets for the quarter that ended in Sep. 2024 was ¥18,572 Mil. Xinjiang Tianye Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥4,271 Mil. Xinjiang Tianye Co's Total Assets for the quarter that ended in Jun. 2024 was ¥20,220 Mil. Therefore, Xinjiang Tianye Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.71.


Xinjiang Tianye Co Scaled Net Operating Assets Historical Data

The historical data trend for Xinjiang Tianye 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.

Xinjiang Tianye Co Scaled Net Operating Assets Chart

Xinjiang Tianye 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 1.25 0.81 0.73 1.06 0.55

Xinjiang Tianye 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 0.68 0.67 0.69 0.71 0.71

Competitive Comparison of Xinjiang Tianye Co's Scaled Net Operating Assets

For the Chemicals subindustry, Xinjiang Tianye 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.


Xinjiang Tianye Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinjiang Tianye Co's Scaled Net Operating Assets distribution charts can be found below:

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


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Xinjiang Tianye 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.

Xinjiang Tianye 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 )
=(17998.345-3541.611)/26142.963
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21065.469 - 3067.124
=17998.345

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11807.055 - 6006.478 - 2258.966
=3541.611

Xinjiang Tianye 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 )
=(18571.586-4271.045)/20219.545
=0.71

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20517.35 - 1945.764
=18571.586

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11243.784 - 4755.739 - 2217
=4271.045

* 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.


Xinjiang Tianye Co Scaled Net Operating Assets Related Terms

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Xinjiang Tianye Co Business Description

Traded in Other Exchanges
N/A
Address
No. 36 Beisan East Road, Economic Development Zone, Shihezi, Xinjiang, CHN, 832000
Xinjiang Tianye Co Ltd manufactures and sells chemical products in China and internationally. It offers various chemical products, such as ethylene glycol, butanediol, PVC resins, PVC paste resins, and caustic soda. The company also offers water savings products, including pressure compensating driplines, drip tapes with side flippers, agriculture unplasticized polyvinyl chloride (U-PVC) pipes, and PE hoses modified with nanomaterials.
Executives
Zhou Shu Lan Director
Zhang Qiang Director

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