GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sokan New Materials Group Co Ltd (SHSE:688157) » Definitions » Scaled Net Operating Assets

Sokan New Materials Group Co (SHSE:688157) Scaled Net Operating Assets : 0.77 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Sokan New Materials Group 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.

Sokan New Materials Group Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,442.4 Mil. Sokan New Materials Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥204.3 Mil. Sokan New Materials Group Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,603.7 Mil. Therefore, Sokan New Materials Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.77.


Sokan New Materials Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Sokan New Materials Group 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.

Sokan New Materials Group Co Scaled Net Operating Assets Chart

Sokan New Materials Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.70 0.96 0.47 0.58 0.73

Sokan New Materials Group 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 0.69 0.69 0.73 0.73 0.77

Competitive Comparison of Sokan New Materials Group Co's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Sokan New Materials Group 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.


Sokan New Materials Group Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sokan New Materials Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sokan New Materials Group Co's Scaled Net Operating Assets falls into.


;
;

Sokan New Materials Group 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.

Sokan New Materials Group 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 )
=(1215.879-188.966)/1411.663
=0.73

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1571.945 - 356.066
=1215.879

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=265.376 - 12.631 - 63.779
=188.966

Sokan New Materials Group 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 )
=(1442.425-204.349)/1603.677
=0.77

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1675.202 - 232.777
=1442.425

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=353.46 - 12.728 - 136.383
=204.349

* 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.


Sokan New Materials Group Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Sokan New Materials Group Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Sokan New Materials Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.777, Sanhuan North Road, Ningxiang Economic and Technological Development Zone, Hunan Province, Ningxiang, CHN, 410600
Sokan New Materials Group Co Ltd is engaged in the production and sales of new functional coating materials such as paints and special inks. It provides services to market segments such as mobile phones and related accessories, notebook computers and related accessories, wearable devices, and smart home appliances, passenger cars.
Executives
Director
Wang Wei Guo Directors, senior managers
Yang Bo Director
Wu Song Director
Li Ping Core technical personnel
Zhang Ying Qiang senior management
Mou Pei Kai Director
Xu Rui Hong Supervisors
Tang Xiao Qin Supervisors
Li Yu Liang Core technical personnel
Wu Jun Yun senior management

Sokan New Materials Group Co Headlines

No Headlines