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Ways Electron Co (SHSE:605218) Scaled Net Operating Assets : 0.51 (As of Sep. 2024)


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What is Ways Electron 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.

Ways Electron Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,686 Mil. Ways Electron Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥687 Mil. Ways Electron Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,972 Mil. Therefore, Ways Electron Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.51.


Ways Electron Co Scaled Net Operating Assets Historical Data

The historical data trend for Ways Electron 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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Ways Electron Co Scaled Net Operating Assets Chart

Ways Electron Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.35 0.54 0.42 0.35 0.53

Ways Electron 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 0.48 0.46 0.46 0.49 0.51

Competitive Comparison of Ways Electron Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Ways Electron 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.


Ways Electron Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ways Electron Co's Scaled Net Operating Assets distribution charts can be found below:

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



Ways Electron 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.

Ways Electron 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 )
=(1266.478-470.462)/1513.786
=0.53

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1780.32 - 513.842
=1266.478

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=510.595 - 30.95 - 9.183
=470.462

Ways Electron 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 )
=(1685.936-686.679)/1971.614
=0.51

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2136.276 - 450.34
=1685.936

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=859.52 - 140.102 - 32.739
=686.679

* 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.


Ways Electron Co Scaled Net Operating Assets Related Terms

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Ways Electron Co Business Description

Traded in Other Exchanges
N/A
Address
299 Yunque Road, Precision Machinery Industrial Park, Kunshan Development Zone, Jiangsu Province, Kunshan, CHN, 215300
Ways Electron Co Ltd is engaged in production and sales of backlight display modules, liquid crystal display modules and other products. The company specializes in the research & development, designing, manufacturing and sales area which focus on the products such as Backlight module, Liquid crystal module, Touch screen, related hardware parts and Rubber rollers of OA equipment such as printer.
Executives
Director

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