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Jiangsu Huahong Technology Co (SZSE:002645) Scaled Net Operating Assets : 0.69 (As of Sep. 2024)


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What is Jiangsu Huahong Technology 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 Huahong Technology Co's operating assets for the quarter that ended in Sep. 2024 was ¥5,470 Mil. Jiangsu Huahong Technology Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,254 Mil. Jiangsu Huahong Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥6,150 Mil. Therefore, Jiangsu Huahong Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.69.


Jiangsu Huahong Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Jiangsu Huahong Technology 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.

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Jiangsu Huahong Technology Co Scaled Net Operating Assets Chart

Jiangsu Huahong Technology 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 0.65 1.04 0.87 0.85 0.60

Jiangsu Huahong Technology 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 0.65 0.65 0.63 0.68 0.69

Competitive Comparison of Jiangsu Huahong Technology Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Jiangsu Huahong Technology 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 Huahong Technology Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

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

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


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Jiangsu Huahong Technology 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 Huahong Technology 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 )
=(5108.638-1206.855)/6472.8
=0.60

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6126.675 - 1018.037
=5108.638

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2361.766 - 672.7 - 482.211
=1206.855

Jiangsu Huahong Technology 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 )
=(5469.659-1254.343)/6149.703
=0.69

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6213.987 - 744.328
=5469.659

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2382.077 - 678.733 - 449.001
=1254.343

* 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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Jiangsu Huahong Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.1118, Chengyang, Zhouzhuang Town, Jiangyin, CHN, 214423
Jiangsu Huahong Technology Co Ltd is a manufacturer of the processing equipment for the recycling resources. The company mainly manufactures scrap metal baler, shear, scrap metal shredder, waste automobile dismantling equipment, non-metal baler, compressor and the comprehensive product line of household garbage. The products are applied to the national circular economy park, national urban renewable resource base, steel and non-ferrous metal enterprise, waste steel processing center and household garbage processing center.
Executives
Hu Shi Yong Director
Hu Pin Rong Executives
Chen Fang Ming Executives
Zhou Jing Cheng Director
Li Lian Jun Independent director

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