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Zibo Qixiang Tengda Chemical Co (SZSE:002408) Scaled Net Operating Assets : 0.74 (As of Mar. 2024)


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What is Zibo Qixiang Tengda Chemical 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.

Zibo Qixiang Tengda Chemical Co's operating assets for the quarter that ended in Mar. 2024 was ¥23,482 Mil. Zibo Qixiang Tengda Chemical Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥3,727 Mil. Zibo Qixiang Tengda Chemical Co's Total Assets for the quarter that ended in Dec. 2023 was ¥26,780 Mil. Therefore, Zibo Qixiang Tengda Chemical Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.74.


Zibo Qixiang Tengda Chemical Co Scaled Net Operating Assets Historical Data

The historical data trend for Zibo Qixiang Tengda Chemical 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.

Zibo Qixiang Tengda Chemical Co Scaled Net Operating Assets Chart

Zibo Qixiang Tengda Chemical 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 0.89 0.89 0.87 0.79 0.65

Zibo Qixiang Tengda Chemical 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 0.74 0.66 0.68 0.68 0.74

Competitive Comparison of Zibo Qixiang Tengda Chemical Co's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Zibo Qixiang Tengda Chemical 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.


Zibo Qixiang Tengda Chemical Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zibo Qixiang Tengda Chemical Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zibo Qixiang Tengda Chemical Co's Scaled Net Operating Assets falls into.



Zibo Qixiang Tengda Chemical 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.

Zibo Qixiang Tengda Chemical 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 )
=(23667.628-4737.704)/29000.691
=0.65

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26780.005 - 3112.377
=23667.628

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14465.105 - 3118.959 - 6608.442
=4737.704

Zibo Qixiang Tengda Chemical 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 )
=(23482.17-3727.472)/26780.005
=0.74

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26627.091 - 3144.921
=23482.17

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14316.189 - 2692.518 - 7896.199
=3727.472

* 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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Zibo Qixiang Tengda Chemical Co (SZSE:002408) Business Description

Traded in Other Exchanges
N/A
Address
Shandong Province Rubber Factory Road on the 1st, Linzi District, Zibo, CHN, 255438
Zibo Qixiang Tengda Chemical Co Ltd is a China-based company dealing in methyl ethyl ketone, isobutylene, maleic anhydride, disproportioated, butadiene, and carboxyl styrene butadiene latex.
Executives
Che Cheng Ju Directors, executives
Yin Wei Ling Executives
Zhang Jun Secretary Dong
Li Yong Executives
Huang Lei Executives
Zhu Zhen Mao Directors, Directors, and Executives
Fan Jia Yu Director
Bian Li Bin Director
Li Pei Pei Supervisors
Zhuang Jie Supervisors
Zhu Shu Jun Executives
Yang Shu Guang Supervisors
Ma Li Supervisors
Wang Zhu Qing Executives
Bi Ke Dou Director

Zibo Qixiang Tengda Chemical Co (SZSE:002408) Headlines

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