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Miracle Automation Engineering Co (SZSE:002009) Scaled Net Operating Assets : 0.54 (As of Mar. 2024)


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What is Miracle Automation Engineering 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.

Miracle Automation Engineering Co's operating assets for the quarter that ended in Mar. 2024 was ¥5,495 Mil. Miracle Automation Engineering Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,976 Mil. Miracle Automation Engineering Co's Total Assets for the quarter that ended in Dec. 2023 was ¥6,492 Mil. Therefore, Miracle Automation Engineering Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.54.


Miracle Automation Engineering Co Scaled Net Operating Assets Historical Data

The historical data trend for Miracle Automation Engineering 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.

Miracle Automation Engineering Co Scaled Net Operating Assets Chart

Miracle Automation Engineering 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 0.41 0.47 0.51 0.61 0.45

Miracle Automation Engineering 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 0.48 0.51 0.52 0.47 0.54

Competitive Comparison of Miracle Automation Engineering Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Miracle Automation Engineering 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.


Miracle Automation Engineering Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

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

* The bar in red indicates where Miracle Automation Engineering Co's Scaled Net Operating Assets falls into.



Miracle Automation Engineering 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.

Miracle Automation Engineering 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 )
=(5513.473-2273.513)/7263.607
=0.45

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6491.856 - 978.383
=5513.473

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4308.647 - 510.453 - 1524.681
=2273.513

Miracle Automation Engineering 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 )
=(5495.286-1976.416)/6491.856
=0.54

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6298.201 - 802.915
=5495.286

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4113.764 - 412.952 - 1724.396
=1976.416

* 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.


Miracle Automation Engineering Co Scaled Net Operating Assets Related Terms

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Miracle Automation Engineering Co (SZSE:002009) Business Description

Traded in Other Exchanges
N/A
Address
No 288 Luojing Road, Luoshe town, Huishan District, Jiangsu Province, Wuxi, CHN
Miracle Automation Engineering Co Ltd is engaged in the design, manufacture, and installation of logistics systems, optical electromechanical integration projects, and a wind power generator in China.
Executives
Li Ming Bo Executives
Zhang Yu Xing Secretary, Director
Shen Xian Feng Executives
Shen Bao Wei Directors, executives
Directors, executives
Chou Xue Qin Executives
Li Feng Bao Supervisors
Bai Kai Jun Director
Yang Lei Directors, executives
Zhang Yuan Xing Supervisors

Miracle Automation Engineering Co (SZSE:002009) Headlines

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