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Changshu Tongrun Auto Accessory Co (SHSE:603201) Scaled Net Operating Assets : 0.43 (As of Sep. 2024)


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What is Changshu Tongrun Auto Accessory 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.

Changshu Tongrun Auto Accessory Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,113 Mil. Changshu Tongrun Auto Accessory Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥848 Mil. Changshu Tongrun Auto Accessory Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,933 Mil. Therefore, Changshu Tongrun Auto Accessory Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.43.


Changshu Tongrun Auto Accessory Co Scaled Net Operating Assets Historical Data

The historical data trend for Changshu Tongrun Auto Accessory 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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Changshu Tongrun Auto Accessory Co Scaled Net Operating Assets Chart

Changshu Tongrun Auto Accessory Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.38 0.41 0.48 0.45 0.49

Changshu Tongrun Auto Accessory Co Quarterly Data
Dec18 Dec19 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 0.41 0.43 0.45 0.42 0.43

Competitive Comparison of Changshu Tongrun Auto Accessory Co's Scaled Net Operating Assets

For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.


Changshu Tongrun Auto Accessory Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Changshu Tongrun Auto Accessory Co's Scaled Net Operating Assets falls into.


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Changshu Tongrun Auto Accessory 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.

Changshu Tongrun Auto Accessory 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 )
=(1895.211-769.353)/2284.32
=0.49

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2718.152 - 822.941
=1895.211

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1190.379 - 222.725 - 198.301
=769.353

Changshu Tongrun Auto Accessory 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 )
=(2113.49-847.808)/2932.863
=0.43

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2886.846 - 773.356
=2113.49

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1286.196 - 17.845 - 420.543
=847.808

* 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.


Changshu Tongrun Auto Accessory Co Scaled Net Operating Assets Related Terms

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Changshu Tongrun Auto Accessory Co Business Description

Traded in Other Exchanges
N/A
Address
Xinlongteng Industrial Park, Economic Development Zone, Jiangsu Province, Changshu, CHN
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts and other automotive maintenance equipment and tools.
Executives
Shi Xiao Ming Director
Li Xue Jun senior management
Zhou Ke Shu senior management
Shen Min senior management
Lu Li Hua Director
Yao Sheng Director
Directors, senior managers
Zhu Wei Directors, senior managers
Wang Xiong Ping Directors, senior managers
Chen Jiang Directors, senior managers
Lu Xin Jun Director

Changshu Tongrun Auto Accessory Co Headlines

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