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Shanxi Huaxiang Group Co (SHSE:603112) Scaled Net Operating Assets : 0.58 (As of Sep. 2024)


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What is Shanxi Huaxiang 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.

Shanxi Huaxiang Group Co's operating assets for the quarter that ended in Sep. 2024 was ¥4,193 Mil. Shanxi Huaxiang Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,074 Mil. Shanxi Huaxiang Group Co's Total Assets for the quarter that ended in Jun. 2024 was ¥5,410 Mil. Therefore, Shanxi Huaxiang Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.58.


Shanxi Huaxiang Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Shanxi Huaxiang 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.

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Shanxi Huaxiang Group Co Scaled Net Operating Assets Chart

Shanxi Huaxiang Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.51 0.60 0.80 0.54 0.57

Shanxi Huaxiang 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 0.56 0.58 0.55 0.56 0.58

Competitive Comparison of Shanxi Huaxiang Group Co's Scaled Net Operating Assets

For the Metal Fabrication subindustry, Shanxi Huaxiang 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.


Shanxi Huaxiang Group Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanxi Huaxiang Group Co's Scaled Net Operating Assets distribution charts can be found below:

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



Shanxi Huaxiang 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.

Shanxi Huaxiang 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 )
=(3956.89-1055.466)/5099.912
=0.57

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5291.55 - 1334.66
=3956.89

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2438.286 - 1368.381 - 14.439
=1055.466

Shanxi Huaxiang 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 )
=(4193.427-1073.765)/5409.512
=0.58

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5864.279 - 1670.852
=4193.427

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2595.191 - 1518.51 - 2.916
=1073.765

* 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.


Shanxi Huaxiang Group Co Scaled Net Operating Assets Related Terms

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Shanxi Huaxiang Group Co Business Description

Traded in Other Exchanges
N/A
Address
Hualin Nursery, Shanxi Province, Ganting Town, Hongdong County, Linfen, CHN, 041600
Shanxi Huaxiang Group Co Ltd is primarily involved in the research and development, production and sales of various customized metal parts. The company's products are mainly focused on the three major industries of white goods, construction machinery and automobile manufacturing.
Executives
Ma Yi Guang Supervisors
Lu Hai Xing Director
Zhang Min Director
Cheng Yi Director
Ren Rui senior management
Zhang Yu Fei senior management
Zhang Jie Directors, senior managers
Liao Zhou senior management
Guo Yong Zhi Director

Shanxi Huaxiang Group Co Headlines

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