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Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Scaled Net Operating Assets : 0.32 (As of Sep. 2024)


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What is Xinjiang Ba Yi Iron & Steel 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.

Xinjiang Ba Yi Iron & Steel Co's operating assets for the quarter that ended in Sep. 2024 was ¥28,703 Mil. Xinjiang Ba Yi Iron & Steel Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥19,473 Mil. Xinjiang Ba Yi Iron & Steel Co's Total Assets for the quarter that ended in Jun. 2024 was ¥29,028 Mil. Therefore, Xinjiang Ba Yi Iron & Steel Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.32.


Xinjiang Ba Yi Iron & Steel Co Scaled Net Operating Assets Historical Data

The historical data trend for Xinjiang Ba Yi Iron & Steel 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.

Xinjiang Ba Yi Iron & Steel Co Scaled Net Operating Assets Chart

Xinjiang Ba Yi Iron & Steel 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 0.64 0.40 0.37 0.37

Xinjiang Ba Yi Iron & Steel 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 0.35 0.36 0.37 0.33 0.32

Competitive Comparison of Xinjiang Ba Yi Iron & Steel Co's Scaled Net Operating Assets

For the Steel subindustry, Xinjiang Ba Yi Iron & Steel 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.


Xinjiang Ba Yi Iron & Steel Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Xinjiang Ba Yi Iron & Steel Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Xinjiang Ba Yi Iron & Steel Co's Scaled Net Operating Assets falls into.


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Xinjiang Ba Yi Iron & Steel 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.

Xinjiang Ba Yi Iron & Steel 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 )
=(27559.902-16632.906)/29706.223
=0.37

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29254.745 - 1694.843
=27559.902

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27409.718 - 3068.402 - 7708.41
=16632.906

Xinjiang Ba Yi Iron & Steel 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 )
=(28702.869-19473.273)/29028
=0.32

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30518.544 - 1815.675
=28702.869

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30094.421 - 2767.539 - 7853.609
=19473.273

* 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.


Xinjiang Ba Yi Iron & Steel Co Scaled Net Operating Assets Related Terms

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Xinjiang Ba Yi Iron & Steel Co Business Description

Traded in Other Exchanges
N/A
Address
Xingang Road, Toutunhe District, Urumqi, Xinjiang, CHN, 830022
Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese company operating in the ferrous metal smelting and rolling processing industry. It comprises a set of production processes ranging from mining, mineral separation, sintering and coking to ironmaking, steelmaking, and steel rolling. The company's product folio includes Carbon steel products such as bars, heavy plate, HR steel sheet, wire rod, pipe tubes, Stainless steel products, Special steel products like die steel products, bearing steel, transportation steel, alloys for aviation and aerospace, and other products.
Executives
Ke Shan Liang Director
Fan Guo Kang senior management
Wu Bin Director
Zhang Zhi Gang Director

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