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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Scaled Net Operating Assets : 0.70 (As of Mar. 2024)


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What is Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry Co's operating assets for the quarter that ended in Mar. 2024 was ¥2,613 Mil. Liaoning Fu-An Heavy Industry Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥652 Mil. Liaoning Fu-An Heavy Industry Co's Total Assets for the quarter that ended in Dec. 2023 was ¥2,815 Mil. Therefore, Liaoning Fu-An Heavy Industry Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.70.


Liaoning Fu-An Heavy Industry Co Scaled Net Operating Assets Historical Data

The historical data trend for Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry Co Scaled Net Operating Assets Chart

Liaoning Fu-An Heavy Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.70 0.72 0.66 0.69

Liaoning Fu-An Heavy Industry 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 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 0.64 0.71 0.71 0.73 0.70

Competitive Comparison of Liaoning Fu-An Heavy Industry Co's Scaled Net Operating Assets

For the Steel subindustry, Liaoning Fu-An Heavy Industry 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.


Liaoning Fu-An Heavy Industry Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liaoning Fu-An Heavy Industry Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Liaoning Fu-An Heavy Industry Co's Scaled Net Operating Assets falls into.



Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry 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 )
=(2650.535-723.303)/2790.095
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2814.888 - 164.353
=2650.535

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1297.223 - 0.877 - 573.043
=723.303

Liaoning Fu-An Heavy Industry 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 )
=(2612.842-651.744)/2814.888
=0.70

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2746.183 - 133.341
=2612.842

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1203.487 - 0.887 - 550.856
=651.744

* 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.


Liaoning Fu-An Heavy Industry Co Scaled Net Operating Assets Related Terms

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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Anzheng Road, Qianshan District, Anshan, CHN, 114016
Liaoning Fu-An Heavy Industry Co Ltd is engaged in the manufacturing of heavy steel castings products. According to the use, its products can be divided into thermal power equipment Castings, hydroelectric equipment castings, other power generation equipment castings and other castings. The main thermal power products include high/medium pressure internal and external cylinders; Valve body/cylinder. Hydropower products include upper crown, lower ring, runner body, Thrust heads, blades, ball valve bodies. Rail transit products include internal combustion engine bogies.

Liaoning Fu-An Heavy Industry Co (SHSE:603315) Headlines

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