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Shenzhen Expressway (SHSE:600548) Scaled Net Operating Assets : 0.82 (As of Mar. 2024)


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What is Shenzhen Expressway 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.

Shenzhen Expressway's operating assets for the quarter that ended in Mar. 2024 was ¥63,758 Mil. Shenzhen Expressway's operating liabilities for the quarter that ended in Mar. 2024 was ¥8,415 Mil. Shenzhen Expressway's Total Assets for the quarter that ended in Dec. 2023 was ¥67,507 Mil. Therefore, Shenzhen Expressway's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.82.


Shenzhen Expressway Scaled Net Operating Assets Historical Data

The historical data trend for Shenzhen Expressway'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.

Shenzhen Expressway Scaled Net Operating Assets Chart

Shenzhen Expressway 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 0.75 0.79 0.94 0.74 0.80

Shenzhen Expressway Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.77 0.78 0.80 0.83 0.82

Competitive Comparison of Shenzhen Expressway's Scaled Net Operating Assets

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.


Shenzhen Expressway's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's Scaled Net Operating Assets falls into.



Shenzhen Expressway 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.

Shenzhen Expressway'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 )
=(64886.309-9238.713)/69204.698
=0.80

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=67507.469 - 2621.16
=64886.309

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39508.787 - 16772.425 - 13497.649
=9238.713

Shenzhen Expressway's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(63758.307-8414.564)/67507.469
=0.82

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=67418.096 - 3659.789
=63758.307

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39006.448 - 16811.164 - 13780.72
=8414.564

* 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.


Shenzhen Expressway Scaled Net Operating Assets Related Terms

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Shenzhen Expressway (SHSE:600548) Business Description

Traded in Other Exchanges
Address
Hanking Center Tower, Yuehai Street, No. 9968, Floor 46, Shennan Avenue, Nanshan District, Shenzhen, CHN, 518026
Shenzhen Expressway Corp Ltd, formerly Shenzhen Expressway Co Ltd constructs, operates, and maintains toll highways, roads, and urban infrastructure. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment engages in the operation and management of environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment.

Shenzhen Expressway (SHSE:600548) Headlines

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