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Shenzhen Neoway Technology Co (SHSE:688159) Scaled Net Operating Assets : 0.67 (As of Sep. 2024)


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What is Shenzhen Neoway Technology 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 Neoway Technology Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,785 Mil. Shenzhen Neoway Technology Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥629 Mil. Shenzhen Neoway Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,715 Mil. Therefore, Shenzhen Neoway Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.67.


Shenzhen Neoway Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Shenzhen Neoway Technology 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 Neoway Technology Co Scaled Net Operating Assets Chart

Shenzhen Neoway Technology 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 0.82 0.74 0.68 0.52 0.73

Shenzhen Neoway Technology 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 0.62 0.69 0.72 0.66 0.67

Competitive Comparison of Shenzhen Neoway Technology Co's Scaled Net Operating Assets

For the Communication Equipment subindustry, Shenzhen Neoway Technology 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 Neoway Technology Co's Scaled Net Operating Assets Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen Neoway Technology Co's Scaled Net Operating Assets falls into.


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Shenzhen Neoway Technology 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 Neoway Technology 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 )
=(1397.895-398.445)/1367.207
=0.73

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1569.234 - 171.339
=1397.895

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=822.288 - 21.449 - 402.394
=398.445

Shenzhen Neoway Technology 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 )
=(1784.872-629.108)/1714.725
=0.67

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1935.532 - 150.66
=1784.872

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1093.574 - 16.079 - 448.387
=629.108

* 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 Neoway Technology Co Scaled Net Operating Assets Related Terms

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Shenzhen Neoway Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Huarong Road, Dalang Street, 4th Floor, No. 2, Lianjian Industrial Park, Tongsheng Community, Longhua District, Guangdong, Shenzhen, CHN, 518109
Shenzhen Neoway Technology Co Ltd is engaged in production and sales of IoT wireless communication modules, IoT wireless communication terminals and IoT wireless communication solutions. The company provides technical development and sales of electronic products; electronic communication products and communication modules; communication module software and related technical consulting.
Executives
Peng Yan Core technical personnel
Li Yin Geng senior management
Xiao Yue Shang Core technical personnel
Lin Shen Core technical personnel
Shang Jiang Feng Core technical personnel
He Jiang Qiang Supervisors

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