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Zhejiang Liju Thermal Equipment Co (SHSE:603391) Scaled Net Operating Assets : 0.53 (As of Sep. 2024)


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What is Zhejiang Liju Thermal Equipment 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.

Zhejiang Liju Thermal Equipment Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,416 Mil. Zhejiang Liju Thermal Equipment Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,159 Mil. Zhejiang Liju Thermal Equipment Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,365 Mil. Therefore, Zhejiang Liju Thermal Equipment Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.53.


Zhejiang Liju Thermal Equipment Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Liju Thermal Equipment 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.

Zhejiang Liju Thermal Equipment Co Scaled Net Operating Assets Chart

Zhejiang Liju Thermal Equipment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.23 0.26 0.37 0.32 0.40

Zhejiang Liju Thermal Equipment Co Quarterly Data
Dec19 Dec20 Dec21 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 0.41 0.33 0.43 0.41 0.53

Competitive Comparison of Zhejiang Liju Thermal Equipment Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Zhejiang Liju Thermal Equipment 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.


Zhejiang Liju Thermal Equipment Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Liju Thermal Equipment Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Liju Thermal Equipment Co's Scaled Net Operating Assets falls into.



Zhejiang Liju Thermal Equipment 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.

Zhejiang Liju Thermal Equipment 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 )
=(1874.938-1075.478)/1991.206
=0.40

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2261.887 - 386.949
=1874.938

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1167.029 - 59.768 - 31.783
=1075.478

Zhejiang Liju Thermal Equipment 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 )
=(2415.746-1158.54)/2365.38
=0.53

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3214.956 - 799.21
=2415.746

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1239.224 - 63.542 - 17.142
=1158.54

* 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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Zhejiang Liju Thermal Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Maowu Road, No. 9, Shangqiang Industrial Park, Daixi Town, Wuxing District, Zhejiang Province, Huzhou, CHN, 313200
Zhejiang Liju Thermal Equipment Co Ltd is engaged in the research and development, production and sales of hot water boilers and steam boilers.

Zhejiang Liju Thermal Equipment Co Headlines

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