Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Scaled Net Operating Assets : 0.23 (As of Mar. 2024)

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

What is Jiangsu Rainbow Heavy Industries 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 Rainbow Heavy Industries Co's operating assets for the quarter that ended in Mar. 2024 was ¥6,976 Mil. Jiangsu Rainbow Heavy Industries Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥4,558 Mil. Jiangsu Rainbow Heavy Industries Co's Total Assets for the quarter that ended in Dec. 2023 was ¥10,713 Mil. Therefore, Jiangsu Rainbow Heavy Industries Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.23.

Jiangsu Rainbow Heavy Industries Co Scaled Net Operating Assets Historical Data

The historical data trend for Jiangsu Rainbow Heavy Industries 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 Rainbow Heavy Industries Co Scaled Net Operating Assets Chart

Jiangsu Rainbow Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.55

0.73

0.59

0.27

0.17

Jiangsu Rainbow Heavy Industries 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															0.09	0.09	0.11	0.15	0.23

Competitive Comparison of Jiangsu Rainbow Heavy Industries Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Jiangsu Rainbow Heavy Industries 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 Rainbow Heavy Industries Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

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

* The bar in red indicates where Jiangsu Rainbow Heavy Industries Co's Scaled Net Operating Assets falls into.

Jiangsu Rainbow Heavy Industries 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 Rainbow Heavy Industries 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 )
=	(7194.937	-	5408.134)	/	10366.191
=	0.17

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	10712.646	-	3517.709
=	7194.937

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6441.213	-	205.037	-	828.042
=	5408.134

Jiangsu Rainbow Heavy Industries 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 )
=	(6976.441	-	4557.88)	/	10712.646
=	0.23

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	10041.218	-	3064.777
=	6976.441

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5690.578	-	221.524	-	911.174
=	4557.88

Jiangsu Rainbow Heavy Industries Co Scaled Net Operating Assets Related Terms

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

Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Rainbow Heavy Industries Co Ltd (SZSE:002483) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Zhenxing West Road, Economic & Technology Development Zone, Natong, CHN, 226010

Website

http://www.jiangsurhi.com

Jiangsu Rainbow Heavy Industries Co Ltd is mainly engaged in the engineering, fabrication, sale, and maintenance of cranes in China. Its major business consists of 2 modules: high-end equipment manufactures and environmental protection. The high-end equipment manufacture module includes material lifting, offshore equipment, and shipbuilding, the products covered all kinds of lifting machinery, ship equipment, marine equipment, car parking equipment, engineering vessels and other related products. The environmental protection module includes industrial wastewater treatment, sludge treatment, hazardous solid waste disposal and other energy saving, recycling economy business.

Executives

Sha Ming Jun	Director
Wu Jian	Directors, executives
Xie Gui Xing	Directors, executives, directors
Sun Jian Cheng	Executives
Li Xiao Qin	Executives
Lin Bo	Executives

Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Headlines

No Headlines