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Tsingtao Brewery Co (SHSE:600600) Scaled Net Operating Assets : 0.11 (As of Sep. 2024)


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What is Tsingtao Brewery 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.

Tsingtao Brewery Co's operating assets for the quarter that ended in Sep. 2024 was ¥25,220 Mil. Tsingtao Brewery Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥19,590 Mil. Tsingtao Brewery Co's Total Assets for the quarter that ended in Jun. 2024 was ¥52,806 Mil. Therefore, Tsingtao Brewery Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.11.


Tsingtao Brewery Co Scaled Net Operating Assets Historical Data

The historical data trend for Tsingtao Brewery 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.

Tsingtao Brewery Co Scaled Net Operating Assets Chart

Tsingtao Brewery 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 0.10 0.05 0.16 0.13 0.14

Tsingtao Brewery 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 0.13 0.14 0.11 0.04 0.11

Competitive Comparison of Tsingtao Brewery Co's Scaled Net Operating Assets

For the Beverages - Brewers subindustry, Tsingtao Brewery 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.


Tsingtao Brewery Co's Scaled Net Operating Assets Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's Scaled Net Operating Assets falls into.



Tsingtao Brewery 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.

Tsingtao Brewery 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 )
=(28049.828-20887.621)/50311.7
=0.14

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=49256.011 - 21206.183
=28049.828

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21001.264 - 63.393 - 50.25
=20887.621

Tsingtao Brewery 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 )
=(25220.168-19590.339)/52805.91
=0.11

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50371.24 - 25151.072
=25220.168

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19698.995 - 65.521 - 43.135
=19590.339

* 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.


Tsingtao Brewery Co Scaled Net Operating Assets Related Terms

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Tsingtao Brewery Co Business Description

Address
No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2023. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
Executives
Huang Ke Xing Director
Jiang Zong Xiang Director
Zhang Rui Xiang senior management
Yu Zeng Biao Director
Wang Rui Yong Director
Yu Zhu Ming Director
Wang Shao Bo senior management
Xu Nan senior management
Cai Zhi Wei senior management
Huang Zu Jiang Supervisors
Cao Xiang Dong Supervisors
Jiang Hong senior management
Zhang Xue Ju senior management
Yan Xu senior management
Liu Ying Di Director

Tsingtao Brewery Co Headlines

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