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Minfeng Special Paper Co (SHSE:600235) Scaled Net Operating Assets : 0.90 (As of Sep. 2024)


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What is Minfeng Special Paper 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.

Minfeng Special Paper Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,658 Mil. Minfeng Special Paper Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥157 Mil. Minfeng Special Paper Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,786 Mil. Therefore, Minfeng Special Paper Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.90.


Minfeng Special Paper Co Scaled Net Operating Assets Historical Data

The historical data trend for Minfeng Special Paper 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.

Minfeng Special Paper Co Scaled Net Operating Assets Chart

Minfeng Special Paper 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 0.87 0.86 0.87 0.81 0.97

Minfeng Special Paper 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 0.86 0.90 0.92 0.91 0.90

Competitive Comparison of Minfeng Special Paper Co's Scaled Net Operating Assets

For the Paper & Paper Products subindustry, Minfeng Special Paper 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.


Minfeng Special Paper Co's Scaled Net Operating Assets Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Minfeng Special Paper Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Minfeng Special Paper Co's Scaled Net Operating Assets falls into.



Minfeng Special Paper 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.

Minfeng Special Paper 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 )
=(2233.905-153.893)/2150.86
=0.97

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2429.31 - 195.405
=2233.905

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=979.662 - 67.977 - 757.792
=153.893

Minfeng Special Paper 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 )
=(2657.904-157.112)/2786.275
=0.90

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2874.541 - 216.637
=2657.904

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1384.995 - 539.082 - 688.801
=157.112

* 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.


Minfeng Special Paper Co Scaled Net Operating Assets Related Terms

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Minfeng Special Paper Co Business Description

Traded in Other Exchanges
N/A
Address
70 Yuli Street, Zhejiang Province, Jiaxing, CHN, 314000
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
Executives
Wu Jian Qiang Director

Minfeng Special Paper Co Headlines

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