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Zhejiang Taihua New Material Group Co (SHSE:603055) Scaled Net Operating Assets : 0.75 (As of Dec. 2024)


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What is Zhejiang Taihua New Material 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.

Zhejiang Taihua New Material Group Co's operating assets for the quarter that ended in Dec. 2024 was ¥10,754 Mil. Zhejiang Taihua New Material Group Co's operating liabilities for the quarter that ended in Dec. 2024 was ¥2,252 Mil. Zhejiang Taihua New Material Group Co's Total Assets for the quarter that ended in Sep. 2024 was ¥11,391 Mil. Therefore, Zhejiang Taihua New Material Group Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.75.


Zhejiang Taihua New Material Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Taihua New Material 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.

Zhejiang Taihua New Material Group Co Scaled Net Operating Assets Chart

Zhejiang Taihua New Material Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.83 0.83 0.98 0.81

Zhejiang Taihua New Material Group Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.76 0.76 0.75 0.75 0.75

Competitive Comparison of Zhejiang Taihua New Material Group Co's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Zhejiang Taihua New Material 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.


Zhejiang Taihua New Material Group Co's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Taihua New Material Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Taihua New Material Group Co's Scaled Net Operating Assets falls into.


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Zhejiang Taihua New Material 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.

Zhejiang Taihua New Material Group Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(10754.339-2252.049)/10559.978
=0.81

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11784.817 - 1030.478
=10754.339

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6730.152 - 1904.802 - 2573.301
=2252.049

Zhejiang Taihua New Material Group Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(10754.339-2252.049)/11391.334
=0.75

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11784.817 - 1030.478
=10754.339

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6730.152 - 1904.802 - 2573.301
=2252.049

* 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.


Zhejiang Taihua New Material Group Co Scaled Net Operating Assets Related Terms

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Zhejiang Taihua New Material Group Co Business Description

Traded in Other Exchanges
N/A
Address
Meibei Road, No. 113, Wangdian Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314011
Zhejiang Taihua New Material Group Co Ltd is involved in the research, development, production and sales of nylon filaments, nylon gray fabrics and nylon finished fabrics.
Executives
Ding Zhong Hua senior management
Li Zeng Hua senior management
Zhang Zhang Jian Director
Liu Xiao Yang Supervisors

Zhejiang Taihua New Material Group Co Headlines

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