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Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Scaled Net Operating Assets : 0.32 (As of Mar. 2024)


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What is Shanghai Jinjiang Shipping (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.

Shanghai Jinjiang Shipping (Group) Co's operating assets for the quarter that ended in Mar. 2024 was ¥4,148 Mil. Shanghai Jinjiang Shipping (Group) Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥948 Mil. Shanghai Jinjiang Shipping (Group) Co's Total Assets for the quarter that ended in Dec. 2023 was ¥9,908 Mil. Therefore, Shanghai Jinjiang Shipping (Group) Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.32.


Shanghai Jinjiang Shipping (Group) Co Scaled Net Operating Assets Historical Data

The historical data trend for Shanghai Jinjiang Shipping (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.

* Premium members only.

Shanghai Jinjiang Shipping (Group) Co Scaled Net Operating Assets Chart

Shanghai Jinjiang Shipping (Group) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.35 0.42 0.34 0.52 0.37

Shanghai Jinjiang Shipping (Group) Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.44 0.42 0.40 0.32

Competitive Comparison of Shanghai Jinjiang Shipping (Group) Co's Scaled Net Operating Assets

For the Marine Shipping subindustry, Shanghai Jinjiang Shipping (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.


Shanghai Jinjiang Shipping (Group) Co's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Jinjiang Shipping (Group) Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Jinjiang Shipping (Group) Co's Scaled Net Operating Assets falls into.



Shanghai Jinjiang Shipping (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.

Shanghai Jinjiang Shipping (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 )
=(4129.038-931.834)/8627.606
=0.37

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9907.791 - 5778.753
=4129.038

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1767.953 - 436.557 - 399.562
=931.834

Shanghai Jinjiang Shipping (Group) Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(4147.948-947.734)/9907.791
=0.32

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9911.65 - 5763.702
=4147.948

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1640.994 - 376.738 - 316.522
=947.734

* 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.


Shanghai Jinjiang Shipping (Group) Co Scaled Net Operating Assets Related Terms

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Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 98 Huaihai Middle Road, 15th Floor, Admiralty Plaza, Shanghai, CHN, 200021
Shanghai Jinjiang Shipping (Group) Co Ltd is engaged in International and domestic maritime container transportation business.

Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Headlines

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