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Western Metal Materials Co (SZSE:002149) Scaled Net Operating Assets : 0.68 (As of Sep. 2024)


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What is Western Metal Materials 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.

Western Metal Materials Co's operating assets for the quarter that ended in Sep. 2024 was ¥6,294 Mil. Western Metal Materials Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,711 Mil. Western Metal Materials Co's Total Assets for the quarter that ended in Jun. 2024 was ¥6,709 Mil. Therefore, Western Metal Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.68.


Western Metal Materials Co Scaled Net Operating Assets Historical Data

The historical data trend for Western Metal Materials 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.

Western Metal Materials Co Scaled Net Operating Assets Chart

Western Metal Materials 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 0.70 0.75 0.68 0.73 0.69

Western Metal Materials 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 0.63 0.61 0.70 0.66 0.68

Competitive Comparison of Western Metal Materials Co's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Western Metal Materials 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.


Western Metal Materials Co's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Metal Materials Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Western Metal Materials Co's Scaled Net Operating Assets falls into.


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Western Metal Materials 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.

Western Metal Materials 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 )
=(5841.531-1428.856)/6397.947
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6563.616 - 722.085
=5841.531

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3114.011 - 556.329 - 1128.826
=1428.856

Western Metal Materials 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 )
=(6293.703-1711.321)/6708.756
=0.68

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6838.113 - 544.41
=6293.703

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3324.94 - 33.971 - 1579.648
=1711.321

* 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.


Western Metal Materials Co Scaled Net Operating Assets Related Terms

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Western Metal Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 56 Keji 3rd Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710065
Western Metal Materials Co Ltd is a China-based company engaged in the research and development, manufacture and sales of rare metal products. It provides rare metal clad materials and products, titanium products, metal fibers and products, refractory metal products, tungsten-molybdenum materials, as well as precious metal products and others. The company is also engaged in the rare metal testing and processing business. The company distributes its products in domestic market and to overseas markets.
Executives
Yang Li Rong Independent director
Yang Yan An Executives
Gu Liang Directors, executives
Zheng Xue Jun Executives
Yang Jian Chao Executives
Liu Yong Executives
Yan Xue Bai Director
Li Zhang Liang Supervisors
Gao Wen Zhu Directors, executives
Zhang Hong Guo Supervisors, within half a year of separation

Western Metal Materials Co Headlines

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