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TVZone Media Co (SHSE:603721) Scaled Net Operating Assets : 0.64 (As of Sep. 2024)


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What is TVZone Media 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.

TVZone Media Co's operating assets for the quarter that ended in Sep. 2024 was ¥660.5 Mil. TVZone Media Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥119.4 Mil. TVZone Media Co's Total Assets for the quarter that ended in Jun. 2024 was ¥841.8 Mil. Therefore, TVZone Media Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.64.


TVZone Media Co Scaled Net Operating Assets Historical Data

The historical data trend for TVZone Media 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.

TVZone Media Co Scaled Net Operating Assets Chart

TVZone Media 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 0.66 0.77 0.78 0.55

TVZone Media Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.58 0.61 0.64 0.64

Competitive Comparison of TVZone Media Co's Scaled Net Operating Assets

For the Broadcasting subindustry, TVZone Media 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.


TVZone Media Co's Scaled Net Operating Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TVZone Media Co's Scaled Net Operating Assets distribution charts can be found below:

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


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TVZone Media 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.

TVZone Media 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 )
=(632.362-118.067)/937.148
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=884.601 - 252.239
=632.362

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=329.595 - 202.166 - 9.362
=118.067

TVZone Media 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 )
=(660.477-119.386)/841.818
=0.64

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=870.632 - 210.155
=660.477

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=305.844 - 186.083 - 0.375
=119.386

* 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.


TVZone Media Co Scaled Net Operating Assets Related Terms

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TVZone Media Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Furong Middle Road, New Century Sports Culture Center Tennis Club 101, Tianxin District, Hunan Province, Changsha, CHN, 410005
TVZone Media Co Ltd is a state-owned cultural enterprise absolutely controlled by Changsha Broadcasting and Television Group. The company's main business is TV, internet, and mobile internet video. It is also engaged in the production, distribution, and marketing of such content; the operation of television drama rights.

TVZone Media Co Headlines

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