GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qinglong Pipes Industry Group Co Ltd (SZSE:002457) » Definitions » Scaled Net Operating Assets

Qinglong Pipes Industry Group Co (SZSE:002457) Scaled Net Operating Assets : 0.62 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Qinglong Pipes Industry Group 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.

Qinglong Pipes Industry Group Co's operating assets for the quarter that ended in Sep. 2024 was ¥3,930 Mil. Qinglong Pipes Industry Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,204 Mil. Qinglong Pipes Industry Group Co's Total Assets for the quarter that ended in Jun. 2024 was ¥4,408 Mil. Therefore, Qinglong Pipes Industry Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.62.


Qinglong Pipes Industry Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Qinglong Pipes Industry Group 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.

Qinglong Pipes Industry Group Co Scaled Net Operating Assets Chart

Qinglong Pipes Industry Group 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 0.67 0.56 0.66 0.64 0.61

Qinglong Pipes Industry Group 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 0.70 0.62 0.62 0.65 0.62

Competitive Comparison of Qinglong Pipes Industry Group Co's Scaled Net Operating Assets

For the Building Products & Equipment subindustry, Qinglong Pipes Industry Group 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.


Qinglong Pipes Industry Group Co's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Qinglong Pipes Industry Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qinglong Pipes Industry Group Co's Scaled Net Operating Assets falls into.


;
;

Qinglong Pipes Industry Group 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.

Qinglong Pipes Industry Group 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 )
=(3845.46-1321.321)/4165.701
=0.61

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4304.984 - 459.524
=3845.46

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1827.844 - 52.474 - 454.049
=1321.321

Qinglong Pipes Industry Group 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 )
=(3930.284-1204.447)/4407.639
=0.62

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4471.146 - 540.862
=3930.284

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1939.434 - 1.247 - 733.74
=1204.447

* 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.


Qinglong Pipes Industry Group Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Qinglong Pipes Industry Group Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Qinglong Pipes Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Yuehai Road, 11-13th Floor, Ningxia Water Conservancy Research and Development Building, Ningxia Hui Autonomous Region, Jinfeng District, Yinchuan, CHN, 750002
Qinglong Pipes Industry Group Co Ltd engages in the research and development, production, sales and installation services of various mainstream water supply and drainage pipeline products, pipeline corridors, water-saving irrigation products, gas pipelines, new energy-saving heating pipelines and supporting pipe fittings for the above products, as well as the provision of overall water-saving solutions.
Executives
Ren Zhi Chao Supervisors
Huang Yan Qing Directors, executives
Ma Yue Director
Liu Ling Yun Directors, executives
Du Xue Zhi Director
Wang Ping Director
Chen Jia Xing Director
Lu Li Xin Director
Li Hao Executives
Luan Xin Xiang Director
Fang Ji Liang Supervisors
Wang Li Directors, executives
Li Qian Supervisors
Fan Ren Ping Securities Affairs Representative
Xiao Jing Ning Supervisors

Qinglong Pipes Industry Group Co Headlines

No Headlines