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Ningbo Marine Co (SHSE:600798) Scaled Net Operating Assets : 0.83 (As of Sep. 2024)


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What is Ningbo Marine 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.

Ningbo Marine Co's operating assets for the quarter that ended in Sep. 2024 was ¥5,950 Mil. Ningbo Marine Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥536 Mil. Ningbo Marine Co's Total Assets for the quarter that ended in Jun. 2024 was ¥6,558 Mil. Therefore, Ningbo Marine Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.83.


Ningbo Marine Co Scaled Net Operating Assets Historical Data

The historical data trend for Ningbo Marine 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.

Ningbo Marine Co Scaled Net Operating Assets Chart

Ningbo Marine 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 0.81 0.85 0.88 0.87 0.85

Ningbo Marine 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 0.86 0.86 0.86 0.83 0.83

Competitive Comparison of Ningbo Marine Co's Scaled Net Operating Assets

For the Marine Shipping subindustry, Ningbo Marine 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.


Ningbo Marine Co's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Marine Co's Scaled Net Operating Assets distribution charts can be found below:

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


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Ningbo Marine 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.

Ningbo Marine 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 )
=(6214.303-358.159)/6883.993
=0.85

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6747.935 - 533.632
=6214.303

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1554.487 - 872.46 - 323.868
=358.159

Ningbo Marine 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 )
=(5950.326-536.286)/6557.945
=0.83

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6460.09 - 509.764
=5950.326

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1377.445 - 686.498 - 154.661
=536.286

* 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.


Ningbo Marine Co Scaled Net Operating Assets Related Terms

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Ningbo Marine Co Business Description

Traded in Other Exchanges
N/A
Address
North-Bank Fortune Centre, Building 1, Jiangbei District, Zhejiang, Ningbo, CHN, 315020
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
Executives
Wu Hong Bo Director

Ningbo Marine Co Headlines

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