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Jiangsu Shagang Co (SZSE:002075) Scaled Net Operating Assets : 0.29 (As of Mar. 2024)


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What is Jiangsu Shagang 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.

Jiangsu Shagang Co's operating assets for the quarter that ended in Mar. 2024 was ¥10,688 Mil. Jiangsu Shagang Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥3,853 Mil. Jiangsu Shagang Co's Total Assets for the quarter that ended in Dec. 2023 was ¥23,461 Mil. Therefore, Jiangsu Shagang Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.29.


Jiangsu Shagang Co Scaled Net Operating Assets Historical Data

The historical data trend for Jiangsu Shagang 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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Jiangsu Shagang Co Scaled Net Operating Assets Chart

Jiangsu Shagang 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 0.34 0.35 0.37 0.36 0.39

Jiangsu Shagang 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 0.32 0.33 0.33 0.33 0.29

Competitive Comparison of Jiangsu Shagang Co's Scaled Net Operating Assets

For the Steel subindustry, Jiangsu Shagang 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.


Jiangsu Shagang Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Shagang Co's Scaled Net Operating Assets distribution charts can be found below:

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



Jiangsu Shagang 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.

Jiangsu Shagang 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 )
=(10784.082-4261.897)/16859.055
=0.39

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23461.052 - 12676.97
=10784.082

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13586.202 - 372.733 - 8951.572
=4261.897

Jiangsu Shagang 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 )
=(10687.554-3852.989)/23461.052
=0.29

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21722.27 - 11034.716
=10687.554

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11799.274 - 339.28 - 7607.005
=3852.989

* 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.


Jiangsu Shagang Co Scaled Net Operating Assets Related Terms

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Jiangsu Shagang Co (SZSE:002075) Business Description

Traded in Other Exchanges
N/A
Address
Jinfeng Town, Shagang Building, Jiangsu, Zhangjiagang, CHN, 215625
Jiangsu Shagang Co Ltd is engaged in ferrous metal smelting and rolling processing of steel products. It can produce diameter 280-800mm continuous casting round billet, rolled product specifications cover 12-300mm round bar and up to 300mm x 110mm, 250mm x 110mm Flat steel, annual output of spring steel, bearing steel, ship anchor chain steel, alloy billet steel, automotive steel and other special steel 3.2 million tons, the products sell well at home and abroad, used in automobiles, railways, petroleum, marine, mining, Coal, energy, machinery manufacturing and other industries.
Executives
Gao Wen Ping Supervisors
Wang Zhen Lin Directors, executives
Nie Wei Supervisors
Di Ming Yong Supervisors
Li Jing Hua Director
Zhou Jian Qing Directors, executives
Guo Zhao Xiang Directors, executives
Xu Jun Executives

Jiangsu Shagang Co (SZSE:002075) Headlines

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