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Shenzhen Lifotronic Technology Co (SHSE:688389) Scaled Net Operating Assets : 0.35 (As of Sep. 2024)


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What is Shenzhen Lifotronic 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 Lifotronic Technology Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,088 Mil. Shenzhen Lifotronic Technology Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥247 Mil. Shenzhen Lifotronic Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,415 Mil. Therefore, Shenzhen Lifotronic Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.35.


Shenzhen Lifotronic Technology Co Scaled Net Operating Assets Historical Data

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

Shenzhen Lifotronic Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.28 0.26 0.35 0.44 0.40

Shenzhen Lifotronic 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 0.38 0.35 0.35 0.35 0.35

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

For the Medical Devices subindustry, Shenzhen Lifotronic 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 Lifotronic Technology Co's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenzhen Lifotronic Technology Co's Scaled Net Operating Assets distribution charts can be found below:

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



Shenzhen Lifotronic 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 Lifotronic 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 )
=(1021.781-290.279)/1820.516
=0.40

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2331.379 - 1309.598
=1021.781

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=533.757 - 2.496 - 240.982
=290.279

Shenzhen Lifotronic 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 )
=(1088.389-246.758)/2415.482
=0.35

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2823.07 - 1734.681
=1088.389

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=873.758 - 0 - 627
=246.758

* 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 Lifotronic Technology Co Scaled Net Operating Assets Related Terms

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Shenzhen Lifotronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Qiuzhi East Road, Guanhu Street, 1st Floor, Jindi Tianyue Bay, Guancheng Community, Longhua District, Guangdong, Shenzhen, CHN, 518055
Shenzhen Lifotronic Technology Co Ltd is a China based company engaged in the development, production and sales of therapeutic and rehabilitation products, in vitro diagnostic equipment and supporting reagents.
Executives
Wang Zheng Core technical personnel
Peng Guo Qing Core technical personnel
Xiang Lei Director
Wang Hong Director
Hu Ming Long Director
Li Da Wei senior management

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