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Huagong Tech Co (SZSE:000988) Scaled Net Operating Assets : 0.52 (As of Sep. 2024)


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What is Huagong Tech 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.

Huagong Tech Co's operating assets for the quarter that ended in Sep. 2024 was ¥16,012 Mil. Huagong Tech Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥6,207 Mil. Huagong Tech Co's Total Assets for the quarter that ended in Jun. 2024 was ¥18,713 Mil. Therefore, Huagong Tech Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.52.


Huagong Tech Co Scaled Net Operating Assets Historical Data

The historical data trend for Huagong Tech 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.

Huagong Tech Co Scaled Net Operating Assets Chart

Huagong Tech 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 0.47 0.45 0.53 0.56 0.44

Huagong Tech 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 0.45 0.43 0.47 0.52 0.52

Competitive Comparison of Huagong Tech Co's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Huagong Tech 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.


Huagong Tech Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Huagong Tech Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Huagong Tech Co's Scaled Net Operating Assets falls into.



Huagong Tech 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.

Huagong Tech 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 )
=(12926.586-5501.05)/16803.234
=0.44

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17407.674 - 4481.088
=12926.586

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8230.328 - 2526.778 - 202.5
=5501.05

Huagong Tech 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 )
=(16011.541-6206.738)/18713.384
=0.52

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19721.604 - 3710.063
=16011.541

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9678.623 - 2443.457 - 1028.428
=6206.738

* 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.


Huagong Tech Co Scaled Net Operating Assets Related Terms

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Huagong Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, 6th Road, Science Park, Huazhong University of Science and Technology, Wuhan East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430223
Huagong Tech Co Ltd produces, sells and provides technical services for products centered on laser technology, computer software and system integration technology, and PTC technology.
Executives
Xiong Wen Directors, executives
Zhang Qin Executives
Liu Han Shu Directors, Directors, and Executives
Ma Xin Qiang Directors, executives
Chen Sen Hua Supervisors
An Xin Securities Affairs Representative
Min Da Yong Directors, executives
Nie Bo Executives
Yang Xiao Executives
Yang Xing Guo Executives
Deng Jia Ke Executives
Cai Xue En Independent director
Zhu Song Qing Director
Lv Wei Ping Independent director
Wang Xiao Bei Supervisors

Huagong Tech Co Headlines

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