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Hefei I-TEK OptoElectronics Co (SHSE:688610) Scaled Net Operating Assets : 0.68 (As of Sep. 2024)


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What is Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,127.2 Mil. Hefei I-TEK OptoElectronics Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥66.1 Mil. Hefei I-TEK OptoElectronics Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,550.1 Mil. Therefore, Hefei I-TEK OptoElectronics Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.68.


Hefei I-TEK OptoElectronics Co Scaled Net Operating Assets Historical Data

The historical data trend for Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics Co Scaled Net Operating Assets Chart

Hefei I-TEK OptoElectronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.59 1.23 2.34 0.86 2.76

Hefei I-TEK OptoElectronics Co Quarterly Data
Dec19 Dec20 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 2.13 0.81 0.84 0.86 0.69

Competitive Comparison of Hefei I-TEK OptoElectronics Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Hefei I-TEK OptoElectronics 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.


Hefei I-TEK OptoElectronics Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hefei I-TEK OptoElectronics Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hefei I-TEK OptoElectronics Co's Scaled Net Operating Assets falls into.


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Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics 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 )
=(1367.911-63.592)/471.996
=2.76

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1591.247 - 223.336
=1367.911

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=92.322 - 1.725 - 27.005
=63.592

Hefei I-TEK OptoElectronics 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 )
=(1127.183-66.132)/1550.103
=0.68

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1525.102 - 397.919
=1127.183

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=72.59 - 2.038 - 4.42
=66.132

* 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.


Hefei I-TEK OptoElectronics Co Scaled Net Operating Assets Related Terms

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Hefei I-TEK OptoElectronics Co Business Description

Traded in Other Exchanges
N/A
Address
Wangjiang West Road, 3rd Floor, Building J2, Phase II, Zhongan Chuanggu Science and Technology Park, High-tech Zone, Anhui, Hefei, CHN, 230088
Hefei I-TEK OptoElectronics Co Ltd is a national high-tech enterprise specializing in research & development, production and sales of high-end industrial imaging components. Echo Optoelectronics has always focused on technological innovation and adhered to the positioning of high-end products. It is a high-end domestic brand pioneer enterprise with independent innovation in the field of machine vision.

Hefei I-TEK OptoElectronics Co Headlines

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