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Shang Gong Group Co (SHSE:600843) Scaled Net Operating Assets : 0.56 (As of Sep. 2024)


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What is Shang Gong Group 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.

Shang Gong Group Co's operating assets for the quarter that ended in Sep. 2024 was ¥5,164 Mil. Shang Gong Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,364 Mil. Shang Gong Group Co's Total Assets for the quarter that ended in Jun. 2024 was ¥6,756 Mil. Therefore, Shang Gong Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.56.


Shang Gong Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Shang Gong Group 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.

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Shang Gong Group Co Scaled Net Operating Assets Chart

Shang Gong Group 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 0.60 0.56 0.58 0.55 0.56

Shang Gong Group 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 0.59 0.54 0.62 0.59 0.56

Competitive Comparison of Shang Gong Group Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Shang Gong Group 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.


Shang Gong Group Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shang Gong Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shang Gong Group Co's Scaled Net Operating Assets falls into.


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Shang Gong Group 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.

Shang Gong Group 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 )
=(4293.82-1033.173)/5837.536
=0.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5895.639 - 1601.819
=4293.82

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2314.785 - 371.533 - 910.079
=1033.173

Shang Gong Group 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 )
=(5164.052-1364.44)/6756.459
=0.56

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6554.376 - 1390.324
=5164.052

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3101.496 - 412.193 - 1324.863
=1364.44

* 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.


Shang Gong Group Co Scaled Net Operating Assets Related Terms

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Shang Gong Group Co Business Description

Traded in Other Exchanges
Address
No. 1500 Century Avenue, Room A-D, 12th Floor, Orient Mansion, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200122
Shang Gong Group Co Ltd is engaged in research & development, production, sale, and maintenance of sewing machines and spare parts in China. It is also engaged in the production of auto parts, office equipment, and related trading businesses. The company provides high-end sewing products for automakers like Mercedes-Benz, BMW, Audi, and General Motors; in aerospace and new material fields also have large customers including Boeing, Airbus, and COMAC. It owns manufacturing enterprises in China, Germany, the Czech Republic, and Romania, and its sales network has spread across the world. Its household sewing machine brands - Butterfly, Flyman, and Bee are widely known in China and sold to overseas markets.
Executives
Xia Guo Qiang senior management
Fang Hai Xiang senior management
Zhang Min Directors, senior managers
Chen Guo Ling Supervisors
Zheng Ying senior management

Shang Gong Group Co Headlines

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