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Noblelift Intelligent Equipment Co (SHSE:603611) Scaled Net Operating Assets : 0.33 (As of Mar. 2024)


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What is Noblelift Intelligent 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.

Noblelift Intelligent Equipment Co's operating assets for the quarter that ended in Mar. 2024 was ¥7,852 Mil. Noblelift Intelligent Equipment Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥4,826 Mil. Noblelift Intelligent Equipment Co's Total Assets for the quarter that ended in Dec. 2023 was ¥9,099 Mil. Therefore, Noblelift Intelligent Equipment Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.33.


Noblelift Intelligent Equipment Co Scaled Net Operating Assets Historical Data

The historical data trend for Noblelift Intelligent 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.

Noblelift Intelligent Equipment Co Scaled Net Operating Assets Chart

Noblelift Intelligent Equipment 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 0.37 0.33 0.31 0.26 0.30

Noblelift Intelligent Equipment 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 0.28 0.27 0.26 0.29 0.33

Competitive Comparison of Noblelift Intelligent Equipment Co's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Noblelift Intelligent 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.


Noblelift Intelligent Equipment Co's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Noblelift Intelligent Equipment Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Noblelift Intelligent Equipment Co's Scaled Net Operating Assets falls into.



Noblelift Intelligent 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.

Noblelift Intelligent 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 )
=(7875.812-5179.026)/9004.245
=0.30

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9098.597 - 1222.785
=7875.812

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6409.098 - 136.933 - 1093.139
=5179.026

Noblelift Intelligent Equipment 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 )
=(7852.383-4825.831)/9098.597
=0.33

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9088.527 - 1236.144
=7852.383

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6295.875 - 173.754 - 1296.29
=4825.831

* 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.


Noblelift Intelligent Equipment Co Scaled Net Operating Assets Related Terms

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Noblelift Intelligent Equipment Co (SHSE:603611) Business Description

Traded in Other Exchanges
N/A
Address
No.528, Jing Yi Road, Economic Development Zone, Changxing, Zhejiang, CHN, 313100
Noblelift Intelligent Equipment Co Ltd manufacturers that joined the industrial equipment. It is mainly engaged in the research, production, and sales of light industrial trucks and electric storage vehicles. The company's products and services include Hand pallet trucks, Industrial products, Forklift, Reach truck, Electric Stacker, After sales services, and others. It's products used in manufacturing, logistics, construction, military systems, textile industry, chemical industry, metallurgy industry, energy industry, and many other industries.

Noblelift Intelligent Equipment Co (SHSE:603611) Headlines

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