GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Changbao Steeltube Co Ltd (SZSE:002478) » Definitions » Scaled Net Operating Assets

Jiangsu Changbao Steeltube Co (SZSE:002478) Scaled Net Operating Assets : 0.44 (As of Sep. 2024)


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

What is Jiangsu Changbao Steeltube 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.

Jiangsu Changbao Steeltube Co's operating assets for the quarter that ended in Sep. 2024 was ¥5,607 Mil. Jiangsu Changbao Steeltube Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥2,072 Mil. Jiangsu Changbao Steeltube Co's Total Assets for the quarter that ended in Jun. 2024 was ¥8,016 Mil. Therefore, Jiangsu Changbao Steeltube Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.44.


Jiangsu Changbao Steeltube Co Scaled Net Operating Assets Historical Data

The historical data trend for Jiangsu Changbao Steeltube 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.

Jiangsu Changbao Steeltube Co Scaled Net Operating Assets Chart

Jiangsu Changbao Steeltube 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 0.55 0.48 0.49 0.46 0.45

Jiangsu Changbao Steeltube 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 0.41 0.42 0.44 0.42 0.44

Competitive Comparison of Jiangsu Changbao Steeltube Co's Scaled Net Operating Assets

For the Steel subindustry, Jiangsu Changbao Steeltube 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.


Jiangsu Changbao Steeltube Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Changbao Steeltube Co's Scaled Net Operating Assets distribution charts can be found below:

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



Jiangsu Changbao Steeltube 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.

Jiangsu Changbao Steeltube 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 )
=(5551.739-2278.993)/7335.394
=0.45

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7819.432 - 2267.693
=5551.739

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2409.049 - 0 - 130.056
=2278.993

Jiangsu Changbao Steeltube 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 )
=(5606.588-2072.491)/8016.365
=0.44

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7829.283 - 2222.695
=5606.588

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2203.023 - 0 - 130.532
=2072.491

* 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.


Jiangsu Changbao Steeltube Co Scaled Net Operating Assets Related Terms

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


Jiangsu Changbao Steeltube Co Business Description

Traded in Other Exchanges
N/A
Address
NO.21 Chang-qi ROAD, Changzhou, Jiangsu, CHN, 213018
Jiangsu Changbao Steeltube Co Ltd is a manufacturing service company specialized in the production of seamless tubes. The company offers OCTG products for the petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes.
Executives
Zhu Hong Zhang Director
Han Qiao Lin Directors, executives
Ding Wei Supervisors
Zhu Hai Rong Supervisors
Gao Huai Zhen Supervisors
Zhang Lan Yong Directors, executives
Cao Jian Director
Yao Wei Min Executives
Zhang Ming Hua Supervisors
Zhou Xu Dong Independent director
An Ning Securities Affairs Representative
Yuan Li Ping Supervisors
Zhou Jia Hua Directors, executives
Chen Pu An Director

Jiangsu Changbao Steeltube Co Headlines

No Headlines