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Befar Group Co (SHSE:601678) Scaled Net Operating Assets : 0.89 (As of Sep. 2024)


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What is Befar 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.

Befar Group Co's operating assets for the quarter that ended in Sep. 2024 was ¥21,180 Mil. Befar Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥2,012 Mil. Befar Group Co's Total Assets for the quarter that ended in Jun. 2024 was ¥21,569 Mil. Therefore, Befar Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.89.


Befar Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Befar 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.

Befar Group Co Scaled Net Operating Assets Chart

Befar 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 0.81 0.87 0.82 0.79 0.93

Befar 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 0.80 0.87 0.85 0.82 0.89

Competitive Comparison of Befar Group Co's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Befar 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.


Befar Group Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Befar Group Co's Scaled Net Operating Assets distribution charts can be found below:

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


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Befar 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.

Befar 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 )
=(19067.567-2193.201)/18075.608
=0.93

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21134.389 - 2066.822
=19067.567

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9610.368 - 3551.293 - 3865.874
=2193.201

Befar 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 )
=(21180.102-2011.987)/21568.973
=0.89

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22339.938 - 1159.836
=21180.102

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10954.213 - 5696.692 - 3245.534
=2011.987

* 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.


Befar Group Co Scaled Net Operating Assets Related Terms

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Befar Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.869, Huanghe 5th Road, Shandong Province, Binzhou, CHN, 256619
Befar Group Co Ltd is a China-based chemical company. It is engaged in the business of producing, processing and selling organic and inorganic chemical products. The company's product portfolio includes propylene-oxide, food additives, industrial hydrochloric acid, vinyl chloride, polymer polyol, reagent hydrochloric acid, crude oil emulsifier, and other products. Its industrial chain covers petrochemical, salt chemical, fine chemical, thermal power, port warehousing, financing and others. The company's products are sold in China and other international countries.
Executives
Wang Shu Hua Director
Yu Jiang Directors, senior managers
Ren Yuan Bin senior management
Kong Xiang Jin senior management
Liu Hong An senior management
Yan Jin Fu Supervisors
Wang Li Ming Director
Xu Feng Jiu senior management
Yang Zhen Jun senior management
Jin Jian Quan Supervisors
Zhang Zhong Zheng Director
Zhao Hong Xing senior management
Chu Zhao Sheng Director
Shi Qin Ling Director
Liu Bao Gang senior management

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