GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shandong Xinchao Energy Corp Ltd (SHSE:600777) » Definitions » Scaled Net Operating Assets

Shandong Xinchao Energy (SHSE:600777) Scaled Net Operating Assets : 0.67 (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Shandong Xinchao Energy 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.

Shandong Xinchao Energy's operating assets for the quarter that ended in Sep. 2024 was ¥30,960 Mil. Shandong Xinchao Energy's operating liabilities for the quarter that ended in Sep. 2024 was ¥7,092 Mil. Shandong Xinchao Energy's Total Assets for the quarter that ended in Jun. 2024 was ¥35,431 Mil. Therefore, Shandong Xinchao Energy's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.67.


Shandong Xinchao Energy Scaled Net Operating Assets Historical Data

The historical data trend for Shandong Xinchao Energy'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.

Shandong Xinchao Energy Scaled Net Operating Assets Chart

Shandong Xinchao Energy 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 0.96 0.69 0.94 0.90 0.80

Shandong Xinchao Energy 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 0.74 0.72 0.73 0.71 0.67

Competitive Comparison of Shandong Xinchao Energy's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Shandong Xinchao Energy'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.


Shandong Xinchao Energy's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shandong Xinchao Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shandong Xinchao Energy's Scaled Net Operating Assets falls into.


;
;

Shandong Xinchao Energy 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.

Shandong Xinchao Energy'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 )
=(31176.176-6186.519)/31318.501
=0.80

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33581.307 - 2405.131
=31176.176

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13472.665 - 7087.838 - 198.308
=6186.519

Shandong Xinchao Energy'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 )
=(30959.555-7091.721)/35430.982
=0.67

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33967.234 - 3007.679
=30959.555

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12383.638 - 5223.117 - 68.8
=7091.721

* 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.


Shandong Xinchao Energy Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Shandong Xinchao Energy's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Xinchao Energy Business Description

Traded in Other Exchanges
N/A
Address
No. 301, Gangcheng East Street, Floor 14, Building B, Nanshan Century Building, Laishan District, Shandong Province, Yantai, CHN
Shandong Xinchao Energy Corp Ltd is engaged in overseas oil and gas exploration, production, and sale.
Executives
Du Jing Director
Yang Xiao Yun Director
Yu Xuan Director
He Zai Quan senior management
Hu Guang Jun Director
Huang Wan Zhen Director
Liu Zhi Yu Supervisors
Jiang Hua senior management
Jiang Xue Rong Director
Chang Ming De Supervisors
He Rong Quan senior management
Ge Pei Le Supervisors
Jian Shi Hui Zhu Xi Supervisors
Dong Shi Zhang Director
Fu Zong Jing Li Jian Zong Fa Lv Gu Wen senior management

Shandong Xinchao Energy Headlines

No Headlines