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Hongbo Co (SZSE:002229) Scaled Net Operating Assets : 0.49 (As of Mar. 2024)


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What is Hongbo 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.

Hongbo Co's operating assets for the quarter that ended in Mar. 2024 was ¥2,650.4 Mil. Hongbo Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,134.6 Mil. Hongbo Co's Total Assets for the quarter that ended in Dec. 2023 was ¥3,081.2 Mil. Therefore, Hongbo Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.49.


Hongbo Co Scaled Net Operating Assets Historical Data

The historical data trend for Hongbo 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.

Hongbo Co Scaled Net Operating Assets Chart

Hongbo 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 0.49 0.47 0.50 0.44 0.57

Hongbo 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 0.41 0.49 0.56 0.54 0.49

Competitive Comparison of Hongbo Co's Scaled Net Operating Assets

For the Specialty Business Services subindustry, Hongbo 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.


Hongbo Co's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hongbo Co's Scaled Net Operating Assets distribution charts can be found below:

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



Hongbo 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.

Hongbo 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 )
=(2248.313-857.335)/2460.746
=0.57

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3081.201 - 832.888
=2248.313

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1419.655 - 153.375 - 408.945
=857.335

Hongbo 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 )
=(2650.375-1134.564)/3081.201
=0.49

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3388.564 - 738.189
=2650.375

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1742.402 - 208.252 - 399.586
=1134.564

* 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.


Hongbo Co Scaled Net Operating Assets Related Terms

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Hongbo Co (SZSE:002229) Business Description

Traded in Other Exchanges
N/A
Address
No. 136 Jinda Road, Jinshan Development Zone, Fujian Province, Fuzhou, CHN, 350002
Hongbo Co Ltd is a China-based company engaged in the security printing business. It is involved in the printing of commercial bills in China. The company's main products are heat-sensitive paper tickets, general paper tickets and paper packaging products for office use. In addition, the company is also involved in the other businesses such as the Lottery industry, Security printing, Packaging industry, Color printing industry, Internet of things industry, and Business and interactive entertainment industry.
Executives
You You Luan Directors, executives
He Ai Ping Supervisors
Chen Xian Zhang Secretary Dong
Zhou Mei Mei Directors, executives
You Li Juan Director
You Yu Xian Director
Xie You Jun Supervisors
Guo Bin Executives
Wang Wen Jing Supervisors
Yang You Lin Director
Liu Yuan Hai Supervisors
Zhang Jian Jun Executives

Hongbo Co (SZSE:002229) Headlines

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