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Chongqing Iron & Steel Co (SHSE:601005) Scaled Net Operating Assets : 0.61 (As of Sep. 2024)


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What is Chongqing 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.

Chongqing Iron & Steel Co's operating assets for the quarter that ended in Sep. 2024 was ¥33,371 Mil. Chongqing Iron & Steel Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥11,116 Mil. Chongqing Iron & Steel Co's Total Assets for the quarter that ended in Jun. 2024 was ¥36,496 Mil. Therefore, Chongqing Iron & Steel Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.61.


Chongqing Iron & Steel Co Scaled Net Operating Assets Historical Data

The historical data trend for Chongqing 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.

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Chongqing Iron & Steel Co Scaled Net Operating Assets Chart

Chongqing 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 0.69 0.90 0.56 0.55 0.60

Chongqing 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 0.63 0.60 0.66 0.62 0.61

Competitive Comparison of Chongqing Iron & Steel Co's Scaled Net Operating Assets

For the Steel subindustry, Chongqing 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.


Chongqing Iron & Steel Co's Scaled Net Operating Assets Distribution in the Steel Industry

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

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



Chongqing 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.

Chongqing 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 )
=(35421.637-11629.189)/39364.8
=0.60

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=37357.035 - 1935.398
=35421.637

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17502.704 - 3170.438 - 2703.077
=11629.189

Chongqing 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 )
=(33371.481-11116.13)/36496.09
=0.61

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=35914.511 - 2543.03
=33371.481

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17460.347 - 1149.942 - 5194.275
=11116.13

* 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.


Chongqing Iron & Steel Co Scaled Net Operating Assets Related Terms

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Chongqing Iron & Steel Co Business Description

Traded in Other Exchanges
Address
No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258
Chongqing Iron & Steel Co Ltd is a company that produces, processes, and sells steel plates, steel sections, wire rods, bar materials, billets, and thin plates. they also produce and sell coking and coal chemical products, pig iron & grain slag, steel slag, and steel scrap. The products they make are used in various industries such as machinery, architecture, engineering, automobile, motorbike, shipbuilding, offshore oil, gas cylinder, boiler, as well as oil and gas pipelines. The group's revenue and profit mainly come from steel manufacturing and domestic sales.
Executives
Yao Xiao Hu Director
Xia Tong Director
Yu Hong Director
Lv Feng senior management
Zhang Shuo Gong Director
Li Ren Sheng senior management
Li Yong Xiang Director
Meng Xiang Yun Director
Xiao Yu Xin Supervisors
Wang Bu Lin senior management
Zhang Li Quan Director
Ceng Jing senior management
Tu De Ling Director
Zhou Ya Ping Supervisors
Zhao Wei Supervisors

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