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Shandong Weida Machinery Co (SZSE:002026) Scaled Net Operating Assets : 0.45 (As of Sep. 2024)


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What is Shandong Weida Machinery 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.

Shandong Weida Machinery Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,994 Mil. Shandong Weida Machinery Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥733 Mil. Shandong Weida Machinery Co's Total Assets for the quarter that ended in Jun. 2024 was ¥4,981 Mil. Therefore, Shandong Weida Machinery Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.45.


Shandong Weida Machinery Co Scaled Net Operating Assets Historical Data

The historical data trend for Shandong Weida Machinery 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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Shandong Weida Machinery Co Scaled Net Operating Assets Chart

Shandong Weida Machinery 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 0.59 0.49 0.48 0.35 0.39

Shandong Weida Machinery 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 0.34 0.37 0.37 0.41 0.45

Competitive Comparison of Shandong Weida Machinery Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Shandong Weida Machinery 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.


Shandong Weida Machinery Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shandong Weida Machinery Co's Scaled Net Operating Assets falls into.


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Shandong Weida Machinery 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.

Shandong Weida Machinery 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 )
=(3215.252-1272.3)/5049.885
=0.38

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5298.088 - 2082.836
=3215.252

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1843.878 - 6.142 - 565.436
=1272.3

Shandong Weida Machinery 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 )
=(2993.907-732.907)/4980.655
=0.45

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4883.747 - 1889.84
=2993.907

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1298.212 - 3.771 - 561.534
=732.907

* 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.


Shandong Weida Machinery Co Scaled Net Operating Assets Related Terms

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Shandong Weida Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Zhonghan Road, Manshan Town, Shandong Province, Wendeng, CHN, 264414
Shandong Weida Machinery Co Ltd is a China-based machine industry company. It is engaged in the manufacturing and distribution of different kinds of chucks, saw blades for cutting wood, steel and stone, accessories of sinter parts and Investment casting parts. The firm offers its products within four main categories including the classic key type chucks, keyless chucks, chucks with lock, and self-tightening chucks. It sales its products in the china and overseas market. Its product offerings include die casting products, reciprocating saw speed control device, VS80 power tool switch, VS80B series variable speed switch, precision casting, powder metallurgy, and switches.
Executives
Liu You Cai Directors, executives
Huang Jian Zhong Director
Song Zhan You Directors, executives
Yang Gui Mo Director
Yang Gui Jun Director
Cong Hu Long Supervisors
Yang Ming Yan Director
Wang Ji Shun Executives

Shandong Weida Machinery Co Headlines

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