Ningbo Yongxin Optics Co (SHSE:603297) Scaled Net Operating Assets : 0.46 (As of Mar. 2024)

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What is Ningbo Yongxin Optics 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.

Ningbo Yongxin Optics Co's operating assets for the quarter that ended in Mar. 2024 was ¥1,163.5 Mil. Ningbo Yongxin Optics Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥200.1 Mil. Ningbo Yongxin Optics Co's Total Assets for the quarter that ended in Dec. 2023 was ¥2,092.3 Mil. Therefore, Ningbo Yongxin Optics Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.46.

Ningbo Yongxin Optics Co Scaled Net Operating Assets Historical Data

The historical data trend for Ningbo Yongxin Optics 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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Ningbo Yongxin Optics Co Scaled Net Operating Assets Chart

Ningbo Yongxin Optics Co Annual Data

Trend

Dec14

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Dec20

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Dec23

Scaled Net Operating Assets

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0.49

0.53

0.45

Ningbo Yongxin Optics Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.42	0.41	0.45	0.43	0.46

Competitive Comparison of Ningbo Yongxin Optics Co's Scaled Net Operating Assets

For the Scientific & Technical Instruments subindustry, Ningbo Yongxin Optics 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.

Ningbo Yongxin Optics Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ningbo Yongxin Optics Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ningbo Yongxin Optics Co's Scaled Net Operating Assets falls into.

Ningbo Yongxin Optics 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.

Ningbo Yongxin Optics 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 )
=	(1093.94	-	239.187)	/	1913.023
=	0.45

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2092.255	-	998.315
=	1093.94

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	279.74	-	0	-	40.553
=	239.187

Ningbo Yongxin Optics Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(1163.49	-	200.086)	/	2092.255
=	0.46

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2103.339	-	939.849
=	1163.49

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	240.574	-	0.061	-	40.427
=	200.086

Ningbo Yongxin Optics Co Scaled Net Operating Assets Related Terms

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Ningbo Yongxin Optics Co (SHSE:603297) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ningbo Yongxin Optics Co Ltd (SHSE:603297) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

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Address

No.385 Mingzhu Road, Hi-tech Industry Park, Zhejiang, Ningbo, CHN, 315040

Website

http://www.yxopt.com

Ningbo Yongxin Optics Co Ltd is a Chinese microscope manufacturer. It is engaged in manufacturing and selling biological microscopes and industrial microscopes, strips Code scanner lens, planar optics, and professional imaging optics components under the brands NOVEL, JIANGNAN, and INOVO. The company exports its products throughout Europe, America, Japan, Singapore, and other countries and regions.

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