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Veken Technology Co (SHSE:600152) Scaled Net Operating Assets : 0.43 (As of Sep. 2024)


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What is Veken Technology 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.

Veken Technology Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,471 Mil. Veken Technology Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,144 Mil. Veken Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥3,115 Mil. Therefore, Veken Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.43.


Veken Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Veken Technology 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.

Veken Technology Co Scaled Net Operating Assets Chart

Veken Technology 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 0.50 0.53 0.52 0.36 0.38

Veken Technology 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 0.43 0.41 0.38 0.40 0.43

Competitive Comparison of Veken Technology Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Veken Technology 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.


Veken Technology Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Veken Technology Co's Scaled Net Operating Assets distribution charts can be found below:

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


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Veken Technology 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.

Veken Technology 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 )
=(2654.674-1336.48)/3493.733
=0.38

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3239.322 - 584.648
=2654.674

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1452.662 - 0.308 - 115.874
=1336.48

Veken Technology 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 )
=(2471.084-1144.08)/3115.463
=0.43

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3072.087 - 601.003
=2471.084

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1284.584 - 0.068 - 140.436
=1144.08

* 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.


Veken Technology Co Scaled Net Operating Assets Related Terms

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Veken Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 225, Liuting Street, 20th Floor, Yuehu Jinhui Building, Haishu District, Zhejiang, Ningbo, CHN, 315010
Veken Technology Co Ltd is engaged in the manufacturing and sales of lithium-ion batteries. Its products portfolio includes 3C Digital battery and Power battery. The company products cover ares such as passenger car, special vehicle, household appliances, and energy storage batteries. It is also used in smartphones, tablets, notebook, and computers.
Executives
Chen Liang Qin Director
Yang Dong Wen Director
He Cheng Ming Director

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