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Anhui Tongfeng Electronics Co (SHSE:600237) Scaled Net Operating Assets : 0.56 (As of Sep. 2024)


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What is Anhui Tongfeng Electronics 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.

Anhui Tongfeng Electronics Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,786 Mil. Anhui Tongfeng Electronics Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥485 Mil. Anhui Tongfeng Electronics Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,332 Mil. Therefore, Anhui Tongfeng Electronics Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.56.


Anhui Tongfeng Electronics Co Scaled Net Operating Assets Historical Data

The historical data trend for Anhui Tongfeng Electronics 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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Anhui Tongfeng Electronics Co Scaled Net Operating Assets Chart

Anhui Tongfeng Electronics 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 0.56 0.62 0.59 0.63 0.60

Anhui Tongfeng Electronics 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 0.58 0.50 0.54 0.56 0.56

Competitive Comparison of Anhui Tongfeng Electronics Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Anhui Tongfeng Electronics 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.


Anhui Tongfeng Electronics Co's Scaled Net Operating Assets Distribution in the Hardware Industry

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

* The bar in red indicates where Anhui Tongfeng Electronics Co's Scaled Net Operating Assets falls into.



Anhui Tongfeng Electronics 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.

Anhui Tongfeng Electronics 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 )
=(1624.885-474.037)/1922.07
=0.60

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2401.741 - 776.856
=1624.885

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=624.014 - 0 - 149.977
=474.037

Anhui Tongfeng Electronics 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 )
=(1786.334-484.902)/2331.67
=0.56

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2405.041 - 618.707
=1786.334

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=548.314 - 4.218 - 59.194
=484.902

* 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.


Anhui Tongfeng Electronics Co Scaled Net Operating Assets Related Terms

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Anhui Tongfeng Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No.399, Cuihu 3rd Road, Tongfeng Industrial Park, Economic and Technological Development Zone, Anhui Province, Tongling, CHN, 244000
Anhui Tongfeng Electronics Co Ltd is engaged in the development of electronic materials, electronic components and power saving equipment in China. Its products include polypropylene film, AC capacitor, Power electronic capacitor, precision connector and others. The company's products are used across various fields such as home appliances, rail transit, clean energy, power transmission, lighting electronics, electronic circuits, electronic display, modern printing, energy-saving applications, automotive electronics, and ship propulsion.
Executives
Huang Yun Kai Supervisors
Fang Da Ming Director
Wang Xiao Yun Director
Jiang Jin Wei senior management
Xu Wen Huan Director
Fan Cheng Gao Director

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