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Qifeng New Material Co (SZSE:002521) Scaled Net Operating Assets : 0.67 (As of Jun. 2024)


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What is Qifeng New Material 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.

Qifeng New Material Co's operating assets for the quarter that ended in Jun. 2024 was ¥4,307 Mil. Qifeng New Material Co's operating liabilities for the quarter that ended in Jun. 2024 was ¥866 Mil. Qifeng New Material Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,172 Mil. Therefore, Qifeng New Material Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.67.


Qifeng New Material Co Scaled Net Operating Assets Historical Data

The historical data trend for Qifeng New Material 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.

Qifeng New Material Co Scaled Net Operating Assets Chart

Qifeng New Material 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 0.86 0.59 0.55 0.61 0.72

Qifeng New Material Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.67 0.69 0.68 0.68 0.67

Competitive Comparison of Qifeng New Material Co's Scaled Net Operating Assets

For the Paper & Paper Products subindustry, Qifeng New Material 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.


Qifeng New Material Co's Scaled Net Operating Assets Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Qifeng New Material Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qifeng New Material Co's Scaled Net Operating Assets falls into.



Qifeng New Material 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.

Qifeng New Material 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 )
=(4131.918-725.417)/4734.936
=0.72

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5013.153 - 881.235
=4131.918

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1277.464 - 0 - 552.047
=725.417

Qifeng New Material Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(4306.545-865.514)/5171.549
=0.67

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5202.774 - 896.229
=4306.545

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1457.405 - 0 - 591.891
=865.514

* 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.


Qifeng New Material Co Scaled Net Operating Assets Related Terms

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Qifeng New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Qifeng Road, Zhutai Town, Linzi District, Zibo City, CHN, 255432
Qifeng New Material Co Ltd researches develop, manufactures, and supplies decorative base papers, overlay papers, non-woven wall base papers, and flicker overlay papers in China. It also exports its products to different countries and regions.
Executives
Li An Dong Directors, executives
Sun Wen Rong Executives
Yao Yan Lei Secretary Dong
Zhu Hong Sheng Directors, executives
Li Wen Hai Directors, executives
Zhang Shu Fang Executives
Li Xian Ming Executives
Li An Le Executives
Li Xue Feng Director
Liu Yong Gang Supervisors
Zhang Ren Fu Director
Mu Shou Jing Supervisors
Zhang Xiang Zeng Director
Li Bing Quan Directors, executives

Qifeng New Material Co Headlines

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