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Qijing Machinery Co (SHSE:603677) Scaled Net Operating Assets : 0.51 (As of Dec. 2024)


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What is Qijing Machinery 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.

Qijing Machinery Co's operating assets for the quarter that ended in Dec. 2024 was ¥1,896 Mil. Qijing Machinery Co's operating liabilities for the quarter that ended in Dec. 2024 was ¥669 Mil. Qijing Machinery Co's Total Assets for the quarter that ended in Sep. 2024 was ¥2,390 Mil. Therefore, Qijing Machinery Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.51.


Qijing Machinery Co Scaled Net Operating Assets Historical Data

The historical data trend for Qijing Machinery 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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Qijing Machinery Co Scaled Net Operating Assets Chart

Qijing Machinery Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.65 0.56 0.56 0.57

Qijing Machinery Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.54 0.56 0.53 0.53 0.51

Competitive Comparison of Qijing Machinery Co's Scaled Net Operating Assets

For the Auto Parts subindustry, Qijing Machinery 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.


Qijing Machinery Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Qijing Machinery Co's Scaled Net Operating Assets falls into.


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Qijing Machinery 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.

Qijing Machinery Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(1896.435-669.218)/2144.598
=0.57

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2261.071 - 364.636
=1896.435

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1106.367 - 205.536 - 231.613
=669.218

Qijing Machinery Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(1896.435-669.218)/2390.303
=0.51

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2261.071 - 364.636
=1896.435

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1106.367 - 205.536 - 231.613
=669.218

* 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.


Qijing Machinery Co Scaled Net Operating Assets Related Terms

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Qijing Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 289 Qixiang North Road, Yuelong Street, Ninghai County, Zhejiang Province, Ningbo, CHN, 315609
Qijing Machinery Co Ltd is a China based manufacturing company focused on the fine machining process. It is engaged in the business of designing, manufacturing and selling of washing machine gearcase, home appliance parts, auto parts, and power tools.
Executives
Zhou Chen Directors, senior managers
Ye Ming Qi Directors, senior managers
Tian Lin senior management
Director
Tang Hong senior management
Wang Wei Dong Director
Wang Dong Min Director
Zhang Liang Chuan senior management
Wang Yong Qi Director
Wang Xing Qi Director

Qijing Machinery Co Headlines

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