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Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Scaled Net Operating Assets : 0.76 (As of Sep. 2024)


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What is Shenzhen Sunxing Light Alloys Materials 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.

Shenzhen Sunxing Light Alloys Materials Co's operating assets for the quarter that ended in Sep. 2024 was ¥3,760 Mil. Shenzhen Sunxing Light Alloys Materials Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥752 Mil. Shenzhen Sunxing Light Alloys Materials Co's Total Assets for the quarter that ended in Jun. 2024 was ¥3,970 Mil. Therefore, Shenzhen Sunxing Light Alloys Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.76.


Shenzhen Sunxing Light Alloys Materials Co Scaled Net Operating Assets Historical Data

The historical data trend for Shenzhen Sunxing Light Alloys Materials 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.

Shenzhen Sunxing Light Alloys Materials Co Scaled Net Operating Assets Chart

Shenzhen Sunxing Light Alloys Materials 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 0.79 0.91 0.83 0.89 0.89

Shenzhen Sunxing Light Alloys Materials 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 0.81 0.81 0.81 0.82 0.76

Competitive Comparison of Shenzhen Sunxing Light Alloys Materials Co's Scaled Net Operating Assets

For the Aluminum subindustry, Shenzhen Sunxing Light Alloys Materials 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.


Shenzhen Sunxing Light Alloys Materials Co's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shenzhen Sunxing Light Alloys Materials Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen Sunxing Light Alloys Materials Co's Scaled Net Operating Assets falls into.


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Shenzhen Sunxing Light Alloys Materials 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.

Shenzhen Sunxing Light Alloys Materials 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 )
=(3231.946-398.286)/3189.097
=0.89

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3581.297 - 349.351
=3231.946

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1983.179 - 880.425 - 704.468
=398.286

Shenzhen Sunxing Light Alloys Materials 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 )
=(3759.647-752.317)/3970.488
=0.76

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4127.915 - 368.268
=3759.647

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2551.733 - 782.695 - 1016.721
=752.317

* 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.


Shenzhen Sunxing Light Alloys Materials Co Scaled Net Operating Assets Related Terms

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Shenzhen Sunxing Light Alloys Materials Co Business Description

Traded in Other Exchanges
N/A
Address
6013 Shennan Road, 1404, Zhongguo Youse Building, Shenzhen, CHN
Shenzhen Sunxing Light Alloys Materials Co Ltd operates in the industrial metals and minerals sector. The company is mainly engaged in research, development, production and sales of aluminium grain refiners. The products are widely used in various fields such as aerospace, rail transportation, military, marine, construction, machinery manufacturing, and chemical industry.
Executives
Chen Xue Min Director
Lu Xian You Director
Yu Yue Ming senior management
Ye Qing Dong senior management
Liu Jing Lin Directors, senior managers
Xie Zhi Rui Supervisors
Xia Yong Qiang Director
Zhou Zhi senior management

Shenzhen Sunxing Light Alloys Materials Co Headlines

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