Shanghai Hi-Tech Control System Co (SZSE:002184) Scaled Net Operating Assets : 0.30 (As of Mar. 2024)

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What is Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co's operating assets for the quarter that ended in Mar. 2024 was ¥3,531 Mil. Shanghai Hi-Tech Control System Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥2,167 Mil. Shanghai Hi-Tech Control System Co's Total Assets for the quarter that ended in Dec. 2023 was ¥4,498 Mil. Therefore, Shanghai Hi-Tech Control System Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.30.

Shanghai Hi-Tech Control System Co Scaled Net Operating Assets Historical Data

The historical data trend for Shanghai Hi-Tech Control System 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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Shanghai Hi-Tech Control System Co Scaled Net Operating Assets Chart

Shanghai Hi-Tech Control System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.57

0.52

0.34

Shanghai Hi-Tech Control System 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															0.45	0.46	0.34	0.25	0.30

Competitive Comparison of Shanghai Hi-Tech Control System Co's Scaled Net Operating Assets

For the Information Technology Services subindustry, Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Hi-Tech Control System Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Hi-Tech Control System Co's Scaled Net Operating Assets falls into.

Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System 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 )
=	(3498.445	-	2426.023)	/	3129.579
=	0.34

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4497.903	-	999.458
=	3498.445

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2710.633	-	83.519	-	201.091
=	2426.023

Shanghai Hi-Tech Control System 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 )
=	(3531.481	-	2167.353)	/	4497.903
=	0.30

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4263.968	-	732.487
=	3531.481

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2496.317	-	80.209	-	248.755
=	2167.353

Shanghai Hi-Tech Control System Co Scaled Net Operating Assets Related Terms

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Shanghai Hi-Tech Control System Co (SZSE:002184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Hi-Tech Control System Co Ltd (SZSE:002184) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 900 Yishan Road, Science and Technology Development Building, Block B, 17F, Shanghai, Shanghai, CHN, 200233

Website

http://www.hite.com.cn

Shanghai Hi-Tech Control System Co Ltd operates in the field of industry informatization and automation. The company provides industry users with informatization and intelligentization control products, electric automation and informatization products. Its products offering include a wind turbine converter, industrial control products and systems, industrial network products, and power electric products.

Executives

Zhao Da Di	Director
Guo Meng Rong	Directors, executives
Xu Hong	Director
Wu Qiu Nong	Directors, executives
Lu Wen Jing	Supervisors
He Yong Jun	Executives
Hu Yu	Executives, directors
Shi Chao Zhu	Director
Zhang Zhe Zhi	Executives
Wang Xiao Bo	Supervisors
Wu Huan Qun	Supervisors
Fang Jian	Director
Sheng Ya Ping	Supervisors

Shanghai Hi-Tech Control System Co (SZSE:002184) Headlines

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