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Henan Lantian Gas Co (SHSE:605368) Scaled Net Operating Assets : 0.56 (As of Mar. 2024)


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What is Henan Lantian Gas 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.

Henan Lantian Gas Co's operating assets for the quarter that ended in Mar. 2024 was ¥4,964 Mil. Henan Lantian Gas Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,208 Mil. Henan Lantian Gas Co's Total Assets for the quarter that ended in Dec. 2023 was ¥6,718 Mil. Therefore, Henan Lantian Gas Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.56.


Henan Lantian Gas Co Scaled Net Operating Assets Historical Data

The historical data trend for Henan Lantian Gas 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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Henan Lantian Gas Co Scaled Net Operating Assets Chart

Henan Lantian Gas 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 0.61 0.56 0.69 0.63 0.57

Henan Lantian Gas 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 0.55 0.56 0.60 0.54 0.56

Competitive Comparison of Henan Lantian Gas Co's Scaled Net Operating Assets

For the Utilities - Regulated Gas subindustry, Henan Lantian Gas 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.


Henan Lantian Gas Co's Scaled Net Operating Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Henan Lantian Gas Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Henan Lantian Gas Co's Scaled Net Operating Assets falls into.



Henan Lantian Gas 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.

Henan Lantian Gas 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 )
=(5000.95-1458.552)/6248.82
=0.57

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6717.569 - 1716.619
=5000.95

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2817.267 - 897.227 - 461.488
=1458.552

Henan Lantian Gas 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 )
=(4964.216-1208.316)/6717.569
=0.56

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6696.88 - 1732.664
=4964.216

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2591.727 - 904.942 - 478.469
=1208.316

* 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.


Henan Lantian Gas Co Scaled Net Operating Assets Related Terms

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Henan Lantian Gas Co (SHSE:605368) Business Description

Traded in Other Exchanges
N/A
Address
West of North Section of Production Stree, Henan Province, Queshan County, Zhumadian, CHN, 463200
Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.

Henan Lantian Gas Co (SHSE:605368) Headlines

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