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Taier Heavy Industry Co (SZSE:002347) Scaled Net Operating Assets : 0.41 (As of Sep. 2024)


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What is Taier Heavy Industry 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.

Taier Heavy Industry Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,200 Mil. Taier Heavy Industry Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,196 Mil. Taier Heavy Industry Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,431 Mil. Therefore, Taier Heavy Industry Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.41.


Taier Heavy Industry Co Scaled Net Operating Assets Historical Data

The historical data trend for Taier Heavy Industry 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.

Taier Heavy Industry Co Scaled Net Operating Assets Chart

Taier Heavy Industry 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 0.50 0.51 0.49 0.39 0.39

Taier Heavy Industry 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 0.45 0.40 0.43 0.41 0.41

Competitive Comparison of Taier Heavy Industry Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Taier Heavy Industry 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.


Taier Heavy Industry Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taier Heavy Industry Co's Scaled Net Operating Assets distribution charts can be found below:

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



Taier Heavy Industry 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.

Taier Heavy Industry 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 )
=(2102.909-1111.365)/2544.483
=0.39

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2478.062 - 375.153
=2102.909

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1257.081 - 23.575 - 122.141
=1111.365

Taier Heavy Industry 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 )
=(2200.178-1196.019)/2431.394
=0.41

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2522.084 - 321.906
=2200.178

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1311.109 - 21.559 - 93.531
=1196.019

* 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.


Taier Heavy Industry Co Scaled Net Operating Assets Related Terms

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Taier Heavy Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 669 Chaoshan Road, Economic and Technological Development Zone, Anhui Provice, Ma'anshan, CHN, 243000
Taier Heavy Industry Co Ltd is engaged in the development & manufacture of power transmission machinery products. The company has dedicated itself to design, production, sales and service of industrial universal shafts, gear couplings and shearing blades.
Executives
Tai Zheng Biao Directors, Directors, and Executives
Feng Chun Lan Supervisors
Xia Qing Hua Executives
Jia Zong Yan Supervisors
Huang Chun Yan Director
Wang Qing Supervisors
Wang Gui Lin Executives
Yu Shu Lan Supervisors
Ge Yan Fei Director
Sun Man Man Directors, executives

Taier Heavy Industry Co Headlines

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