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Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Scaled Net Operating Assets : 0.69 (As of Mar. 2024)


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What is Zhejiang Zhongcheng Packing 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.

Zhejiang Zhongcheng Packing Material Co's operating assets for the quarter that ended in Mar. 2024 was ¥2,804 Mil. Zhejiang Zhongcheng Packing Material Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥282 Mil. Zhejiang Zhongcheng Packing Material Co's Total Assets for the quarter that ended in Dec. 2023 was ¥3,669 Mil. Therefore, Zhejiang Zhongcheng Packing Material Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.69.


Zhejiang Zhongcheng Packing Material Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Zhongcheng Packing 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.

Zhejiang Zhongcheng Packing Material Co Scaled Net Operating Assets Chart

Zhejiang Zhongcheng Packing 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 0.63 0.57 0.75 0.67 0.69

Zhejiang Zhongcheng Packing Material 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 0.70 0.73 0.66 0.70 0.69

Competitive Comparison of Zhejiang Zhongcheng Packing Material Co's Scaled Net Operating Assets

For the Packaging & Containers subindustry, Zhejiang Zhongcheng Packing 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.


Zhejiang Zhongcheng Packing Material Co's Scaled Net Operating Assets Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Zhongcheng Packing Material Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhongcheng Packing Material Co's Scaled Net Operating Assets falls into.



Zhejiang Zhongcheng Packing 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.

Zhejiang Zhongcheng Packing 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 )
=(2845.83-328.148)/3666.434
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3669.173 - 823.343
=2845.83

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1361.855 - 249.195 - 784.512
=328.148

Zhejiang Zhongcheng Packing Material 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 )
=(2804.416-282.144)/3669.173
=0.69

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3630.313 - 825.897
=2804.416

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1318.813 - 249.196 - 787.473
=282.144

* 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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Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Business Description

Traded in Other Exchanges
N/A
Address
NO.26 LIU XI Road, Jiashan Economic Development Zone, Jiashan, Zhejiang, CHN, 314100
Zhejiang Zhongcheng Packing Material Co Ltd is engaged in developing, manufacturing and selling multi-layer co-extruded polyolefin shrink film packaging products. The company's products include Polyolefin Shrink Film, Cross-Linked Shrink Film, Anti Fog Cross-Linked Shrink Film, High-Performance Shrink Film, Printed Film and Special Shrink Film Items.
Executives
Chen Jian Directors, executives
Huang Xu Sheng Executives
Ma Li Sheng Executives
Pan De Xiang Executives
Hang A Gen Supervisors
Chu Jun Tao Securities Affairs Representative
Wu Jun Directors, Directors, and Executives
Zhao Zhong Ce Director
Wang Ping Independent director
Zhan Yue Qiang Supervisors
Chen Da Kui Directors, executives

Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Headlines

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