GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Gree Electric Appliances Inc of Zhuhai (SZSE:000651) » Definitions » Scaled Net Operating Assets

Gree Electric Appliances of Zhuhai (SZSE:000651) Scaled Net Operating Assets : 0.24 (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Gree Electric Appliances of Zhuhai 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.

Gree Electric Appliances of Zhuhai's operating assets for the quarter that ended in Sep. 2024 was ¥244,775 Mil. Gree Electric Appliances of Zhuhai's operating liabilities for the quarter that ended in Sep. 2024 was ¥152,776 Mil. Gree Electric Appliances of Zhuhai's Total Assets for the quarter that ended in Jun. 2024 was ¥384,556 Mil. Therefore, Gree Electric Appliances of Zhuhai's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.24.


Gree Electric Appliances of Zhuhai Scaled Net Operating Assets Historical Data

The historical data trend for Gree Electric Appliances of Zhuhai'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.

Gree Electric Appliances of Zhuhai Scaled Net Operating Assets Chart

Gree Electric Appliances of Zhuhai 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 0.02 0.01 0.11 0.08 0.21

Gree Electric Appliances of Zhuhai 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 0.06 0.19 0.23 0.20 0.24

Competitive Comparison of Gree Electric Appliances of Zhuhai's Scaled Net Operating Assets

For the Furnishings, Fixtures & Appliances subindustry, Gree Electric Appliances of Zhuhai'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.


Gree Electric Appliances of Zhuhai's Scaled Net Operating Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gree Electric Appliances of Zhuhai's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Gree Electric Appliances of Zhuhai's Scaled Net Operating Assets falls into.


;
;

Gree Electric Appliances of Zhuhai 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.

Gree Electric Appliances of Zhuhai'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 )
=(234334.492-160556.002)/355070.77
=0.21

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=368053.903 - 133719.411
=234334.492

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=247407.749 - 39802.75 - 47048.997
=160556.002

Gree Electric Appliances of Zhuhai'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 )
=(244775.15-152775.997)/384555.509
=0.24

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=370710.991 - 125935.841
=244775.15

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=241157.979 - 23180.463 - 65201.519
=152775.997

* 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.


Gree Electric Appliances of Zhuhai Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Gree Electric Appliances of Zhuhai's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Gree Electric Appliances of Zhuhai Business Description

Traded in Other Exchanges
N/A
Address
Jinji West Road, Qianshan, Guangdong Province, Zhuhai, CHN, 519070
Gree Electric Appliances is one of the largest heating, ventilating, and air conditioning, or HVAC, product manufacturers in China, with key products such as residential and commercial air conditioners. Gree generates over 80% of sales domestically and is backed by China's Zhuhai local government. Air conditioners remain the biggest contributor to Gree's earnings, with an over 70% representation over the years. The company has also made forays into industrial component parts, photovoltaic equipment, new energy vehicles, and battery production. As of March 2024, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 17% of its total equity interest, while state-owned Zhuhai Gree Group owned 3.4%.
Executives
Deng Xiao Bo Secretary, Director
Duan Xiu Feng Supervisors
Zhang Wei Director
Tan Jian Ming Executives
Huang Hui Directors, executives
Zhang Jun Du Director
Xu Zi Fa Director
Dong Ming Zhu Directors, executives
Liu Jun Executives
Wang Jing Dong Directors, executives
Yang Yong Xing Securities Affairs Representative
Chen Wei Cai Executives
Wang Li Qin Supervisors
Meng Xiang Kai Director
Zhuang Pei Executives

Gree Electric Appliances of Zhuhai Headlines

No Headlines