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Shenzhen Tonge Group Co (SZSE:000090) Scaled Net Operating Assets : 0.31 (As of Mar. 2024)


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What is Shenzhen Tonge 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 Tonge Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥58,540 Mil. Shenzhen Tonge Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥36,792 Mil. Shenzhen Tonge Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥69,476 Mil. Therefore, Shenzhen Tonge Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.31.


Shenzhen Tonge Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Shenzhen Tonge 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.

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Shenzhen Tonge Group Co Scaled Net Operating Assets Chart

Shenzhen Tonge Group 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 0.51 0.47 0.38 0.40 0.29

Shenzhen Tonge Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.34 0.31 0.34 0.30 0.31

Competitive Comparison of Shenzhen Tonge Group Co's Scaled Net Operating Assets

For the Engineering & Construction subindustry, Shenzhen Tonge 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 Tonge Group Co's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Tonge Group Co's Scaled Net Operating Assets distribution charts can be found below:

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



Shenzhen Tonge 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 Tonge 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 )
=(58747.284-38643.126)/69298.624
=0.29

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=69476.396 - 10729.112
=58747.284

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54371.429 - 8565.856 - 7162.447
=38643.126

Shenzhen Tonge Group Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(58540.208-36791.621)/69476.396
=0.31

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=67941.469 - 9401.261
=58540.208

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52804.738 - 9877.546 - 6135.571
=36791.621

* 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 Tonge Group Co (SZSE:000090) Business Description

Traded in Other Exchanges
N/A
Address
No. 7058 Hongli West Road, City Administration Building, 7-8F, Futian District, Shenzhen, Guangdong, CHN, 518034
Shenzhen Tonge Group Co Ltd is an engineering and construction industry. The company is engaged in urban construction, comprehensive development, and urban services.
Executives
Jiang Jian Executives
Han De Hong Director
Xiao Jie An Supervisors
He Yun Wu Executives
Tong Qing Huo Director
Zhou Zhi Ming Supervisors
Lu Wei Hong Securities Affairs Representative
Li Zi Xiang Director
Fu Xiong Yi Executives
Wang Cheng Mei Supervisors
Jiang Yong Gui Directors, executives
Wei Zhi Executives
Yan Ji Pei Executives, supervisors
Xu Zhao Song Executives

Shenzhen Tonge Group Co (SZSE:000090) Headlines

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