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Zhejiang Hisun Biomaterials Co (SHSE:688203) Scaled Net Operating Assets : 0.57 (As of Sep. 2024)


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What is Zhejiang Hisun Biomaterials 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.

Zhejiang Hisun Biomaterials Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,510.1 Mil. Zhejiang Hisun Biomaterials Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥340.9 Mil. Zhejiang Hisun Biomaterials Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,045.2 Mil. Therefore, Zhejiang Hisun Biomaterials Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.57.


Zhejiang Hisun Biomaterials Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Hisun Biomaterials 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.

Zhejiang Hisun Biomaterials Co Scaled Net Operating Assets Chart

Zhejiang Hisun Biomaterials Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.94 0.98 0.64 0.66 0.46

Zhejiang Hisun Biomaterials Co Quarterly Data
Dec18 Dec19 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 0.45 0.45 0.50 0.53 0.57

Competitive Comparison of Zhejiang Hisun Biomaterials Co's Scaled Net Operating Assets

For the Chemicals subindustry, Zhejiang Hisun Biomaterials 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.


Zhejiang Hisun Biomaterials Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Hisun Biomaterials Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Hisun Biomaterials Co's Scaled Net Operating Assets falls into.


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Zhejiang Hisun Biomaterials 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.

Zhejiang Hisun Biomaterials 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 )
=(1194.819-311.409)/1928.477
=0.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2050.518 - 855.699
=1194.819

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=569.253 - 78.297 - 179.547
=311.409

Zhejiang Hisun Biomaterials 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 )
=(1510.149-340.889)/2045.191
=0.57

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2022.4 - 512.251
=1510.149

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=525.092 - 65.086 - 119.117
=340.889

* 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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Zhejiang Hisun Biomaterials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 293 Gongong Road, Room 301-07, Jiaojiang District, Zhejiang Province, Taizhou, CHN, 318000
Zhejiang Hisun Biomaterials Co Ltd is engaged in the research and development, production and sales of polylactic acid.

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