Fujian Highton Development Co (SHSE:603162) Scaled Net Operating Assets : 0.79 (As of Sep. 2024)

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What is Fujian Highton Development 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.

Fujian Highton Development Co's operating assets for the quarter that ended in Sep. 2024 was ¥4,866 Mil. Fujian Highton Development Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥813 Mil. Fujian Highton Development Co's Total Assets for the quarter that ended in Jun. 2024 was ¥5,106 Mil. Therefore, Fujian Highton Development Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.79.

Fujian Highton Development Co Scaled Net Operating Assets Historical Data

The historical data trend for Fujian Highton Development 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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Fujian Highton Development Co Scaled Net Operating Assets Chart

Fujian Highton Development Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.70

1.01

1.04

0.80

1.22

Fujian Highton Development Co Quarterly Data
	Dec13	Jun14	Dec14	Jun15	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial													0.65	0.79	0.75	0.80	0.79

Competitive Comparison of Fujian Highton Development Co's Scaled Net Operating Assets

For the Marine Shipping subindustry, Fujian Highton Development 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.

Fujian Highton Development Co's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fujian Highton Development Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fujian Highton Development Co's Scaled Net Operating Assets falls into.

Fujian Highton Development 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.

Fujian Highton Development 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 )
=	(3388.218	-	218.853)	/	2606.859
=	1.22

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4532.362	-	1144.144
=	3388.218

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	896.113	-	347.952	-	329.308
=	218.853

Fujian Highton Development 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 )
=	(4865.784	-	812.511)	/	5106.233
=	0.79

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5512.857	-	647.073
=	4865.784

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1546.239	-	320.041	-	413.687
=	812.511

Fujian Highton Development Co Scaled Net Operating Assets Related Terms

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Fujian Highton Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fujian Highton Development Co Ltd (SHSE:603162) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

Jinjingwan Business Operation Center, Room 1705-2, Floor 17, Building 3, Pingtan Comprehensive Experimental Zone, Fujian Province, CHN, 350401

Website

http://www.fj-highton.com

Fujian Highton Development Co Ltd is mainly engaged in domestic coastal and international ocean shipping of dry bulk cargo.

Executives

Zheng Yu Fang	Directors, senior managers
Ceng Er Bin	Director
Le Jun Jie	Director
Huang Tian Tian	senior management
Liu Guo Yong	Directors, senior managers

Fujian Highton Development Co Headlines

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