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Shenzhen VMAX New Energy Group Co (SHSE:688612) Scaled Net Operating Assets : 0.20 (As of Sep. 2024)


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What is Shenzhen VMAX New Energy 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.

Shenzhen VMAX New Energy Group Co's operating assets for the quarter that ended in Sep. 2024 was ¥4,902 Mil. Shenzhen VMAX New Energy Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥3,518 Mil. Shenzhen VMAX New Energy Group Co's Total Assets for the quarter that ended in Jun. 2024 was ¥6,845 Mil. Therefore, Shenzhen VMAX New Energy Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.20.


Shenzhen VMAX New Energy Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Shenzhen VMAX New Energy 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.

Shenzhen VMAX New Energy Group Co Scaled Net Operating Assets Chart

Shenzhen VMAX New Energy Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.49 0.50 0.63 0.45 0.32

Shenzhen VMAX New Energy Group Co Quarterly Data
Dec16 Dec17 Dec18 Mar19 Sep19 Dec19 Dec20 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 0.23 0.20 0.21 0.23 0.20

Competitive Comparison of Shenzhen VMAX New Energy Group Co's Scaled Net Operating Assets

For the Auto Parts subindustry, Shenzhen VMAX New Energy 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.


Shenzhen VMAX New Energy Group Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shenzhen VMAX New Energy Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen VMAX New Energy Group Co's Scaled Net Operating Assets falls into.


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Shenzhen VMAX New Energy 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.

Shenzhen VMAX New Energy 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 )
=(4525.182-3215.726)/4058.467
=0.32

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7230.786 - 2705.604
=4525.182

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3836.117 - 248.913 - 371.478
=3215.726

Shenzhen VMAX New Energy 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 )
=(4902.38-3517.521)/6844.825
=0.20

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7518.055 - 2615.675
=4902.38

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4173.184 - 231.764 - 423.899
=3517.521

* 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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Shenzhen VMAX New Energy Group Co Business Description

Traded in Other Exchanges
N/A
Address
Fifth Industrial Zone, Beihuan Road, One of 501, Fengyun Technology Building, Nanshan, Guangdong, Shenzhen, CHN, 518000
Shenzhen VMAX New Energy Group Co Ltd is engaged in Research and development, production, sales and technical services of power electronic products related to new energy vehicles. VMAX works with many automobile manufacturers to provide customers with high-quality automotive power domain products and efficient solutions, including but not limited to OBCs, DCDCs, inverters, gearboxes, Electric Vehicle Communication Controller (EVCC), Wireless Electric Vehicle Charging (WEVC) and so on.

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