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Mudanjiang Hengfeng Paper Co (SHSE:600356) Scaled Net Operating Assets : 0.80 (As of Jun. 2024)


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What is Mudanjiang Hengfeng 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.

Mudanjiang Hengfeng Paper Co's operating assets for the quarter that ended in Jun. 2024 was ¥2,942 Mil. Mudanjiang Hengfeng Paper Co's operating liabilities for the quarter that ended in Jun. 2024 was ¥323 Mil. Mudanjiang Hengfeng Paper Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,267 Mil. Therefore, Mudanjiang Hengfeng Paper Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.80.


Mudanjiang Hengfeng Paper Co Scaled Net Operating Assets Historical Data

The historical data trend for Mudanjiang Hengfeng 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.

Mudanjiang Hengfeng Paper Co Scaled Net Operating Assets Chart

Mudanjiang Hengfeng 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 0.91 0.80 0.84 0.85 0.84

Mudanjiang Hengfeng Paper Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.84 0.83 0.83 0.82 0.80

Competitive Comparison of Mudanjiang Hengfeng Paper Co's Scaled Net Operating Assets

For the Paper & Paper Products subindustry, Mudanjiang Hengfeng 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.


Mudanjiang Hengfeng Paper Co's Scaled Net Operating Assets Distribution in the Forest Products Industry

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

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



Mudanjiang Hengfeng 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.

Mudanjiang Hengfeng 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 )
=(2806.398-235.451)/3059.656
=0.84

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3167.037 - 360.639
=2806.398

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=593.723 - 32.24 - 326.032
=235.451

Mudanjiang Hengfeng Paper Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(2941.581-323.413)/3266.736
=0.80

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3279.497 - 337.916
=2941.581

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=700.674 - 76.884 - 300.377
=323.413

* 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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Mudanjiang Hengfeng Paper Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Hengfeng Road, Yangming District, Heilongjiang Province, Mudanjiang, CHN, 157013
Mudanjiang Hengfeng Paper Co Ltd manufactures cigarette-related papers in China. Its main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper and over a hundred types of industrial specialty paper.
Executives
Xu Xiang Director

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