GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Henan Mingtai Al Industrial Co Ltd (SHSE:601677) » Definitions » Scaled Net Operating Assets

Henan Mingtai Al Industrial Co (SHSE:601677) Scaled Net Operating Assets : 0.62 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial Co's operating assets for the quarter that ended in Sep. 2024 was ¥20,074 Mil. Henan Mingtai Al Industrial Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥5,635 Mil. Henan Mingtai Al Industrial Co's Total Assets for the quarter that ended in Jun. 2024 was ¥23,265 Mil. Therefore, Henan Mingtai Al Industrial Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.62.


Henan Mingtai Al Industrial Co Scaled Net Operating Assets Historical Data

The historical data trend for Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial Co Scaled Net Operating Assets Chart

Henan Mingtai Al Industrial 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 0.64 0.56 0.58 0.56 0.65

Henan Mingtai Al Industrial 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 0.65 0.62 0.62

Competitive Comparison of Henan Mingtai Al Industrial Co's Scaled Net Operating Assets

For the Aluminum subindustry, Henan Mingtai Al Industrial 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.


Henan Mingtai Al Industrial Co's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Henan Mingtai Al Industrial Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Henan Mingtai Al Industrial Co's Scaled Net Operating Assets falls into.



Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial 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 )
=(17125.822-4848.235)/18954.576
=0.65

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21242.608 - 4116.786
=17125.822

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5299.112 - 0 - 450.877
=4848.235

Henan Mingtai Al Industrial 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 )
=(20074.105-5634.746)/23264.952
=0.62

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23430.559 - 3356.454
=20074.105

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5897.202 - 1.105 - 261.351
=5634.746

* 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.


Henan Mingtai Al Industrial Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Henan Mingtai Al Industrial Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Henan Mingtai Al Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283
Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.
Executives
Wang Li Jiao senior management
Lei Peng senior management
Hua Xin Min Director
Sun Jun Xun senior management
Sun Hui Peng Supervisors
Liu Jie Directors, senior managers
He Zhi Gang senior management
Du You Dong Director
Hao Ming Xia senior management
Li Hao Jie Supervisors
Lei Jing Guo Director
Ma Yue Ping Supervisors

Henan Mingtai Al Industrial Co Headlines

No Headlines