Tianjin Hi-Tech Development Co (SHSE:600082) Scaled Net Operating Assets : 0.80 (As of Sep. 2024)

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What is Tianjin Hi-Tech 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.

Tianjin Hi-Tech Development Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,793.0 Mil. Tianjin Hi-Tech Development Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥396.0 Mil. Tianjin Hi-Tech Development Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,996.9 Mil. Therefore, Tianjin Hi-Tech Development Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.80.

Tianjin Hi-Tech Development Co Scaled Net Operating Assets Historical Data

The historical data trend for Tianjin Hi-Tech 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.

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Tianjin Hi-Tech Development Co Scaled Net Operating Assets Chart

Tianjin Hi-Tech Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.64

0.76

0.66

0.82

0.81

Tianjin Hi-Tech 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															0.82	0.77	0.78	0.80	0.80

Competitive Comparison of Tianjin Hi-Tech Development Co's Scaled Net Operating Assets

For the Conglomerates subindustry, Tianjin Hi-Tech 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.

Tianjin Hi-Tech Development Co's Scaled Net Operating Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Hi-Tech Development Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tianjin Hi-Tech Development Co's Scaled Net Operating Assets falls into.

Tianjin Hi-Tech 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.

Tianjin Hi-Tech 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 )
=	(2644.833	-	372.544)	/	2796.043
=	0.81

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2934.374	-	289.541
=	2644.833

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1164.05	-	52.082	-	739.424
=	372.544

Tianjin Hi-Tech 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 )
=	(2792.96	-	395.994)	/	2996.892
=	0.80

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2919.179	-	126.219
=	2792.96

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1201.16	-	46.082	-	759.084
=	395.994

Tianjin Hi-Tech Development Co Scaled Net Operating Assets Related Terms

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Tianjin Hi-Tech Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tianjin Hi-Tech Development Co Ltd (SHSE:600082) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

No. 6 Haitai Development 6th Road, High-Tech Development Building, Block G, 11F, Huayuan Technology Park, Binhai Hi-Tech Industrial, Tianjin, Tianjin, CHN, 300384

Website

http://www.hitech-develop.com

Tianjin Hi-Tech Development Co Ltd is engaged in investing in high-tech companies, as well as provides business incubation, rental and leasing, and technical services. Through its subsidiaries, the company sells computer network products, develops computer software, and builds a telecommunication broadband network.

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