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Xingye Leather Technology Co (SZSE:002674) Scaled Net Operating Assets : 0.66 (As of Sep. 2024)


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What is Xingye Leather 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.

Xingye Leather Technology Co's operating assets for the quarter that ended in Sep. 2024 was ¥3,428 Mil. Xingye Leather Technology Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥607 Mil. Xingye Leather Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥4,277 Mil. Therefore, Xingye Leather Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.66.


Xingye Leather Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Xingye Leather 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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Xingye Leather Technology Co Scaled Net Operating Assets Chart

Xingye Leather 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 0.46 0.46 0.47 0.63 0.68

Xingye Leather 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 0.60 0.64 0.67 0.65 0.66

Competitive Comparison of Xingye Leather Technology Co's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Xingye Leather 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.


Xingye Leather Technology Co's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Xingye Leather Technology Co's Scaled Net Operating Assets distribution charts can be found below:

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


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Xingye Leather 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.

Xingye Leather 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 )
=(3183.879-601.624)/3787.05
=0.68

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4112.131 - 928.252
=3183.879

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1498.71 - 432.183 - 464.903
=601.624

Xingye Leather 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 )
=(3427.605-606.985)/4277.228
=0.66

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4326.479 - 898.874
=3427.605

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1727.322 - 429.016 - 691.321
=606.985

* 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.


Xingye Leather Technology Co Scaled Net Operating Assets Related Terms

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Xingye Leather Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xingye Road, Anhai Second Industrial Zone, Fujian Province, Jinjiang, CHN, 362261
Xingye Leather Technology Co Ltd is engaged as a supplier of shoe leather materials. The products of the company include Napa series, natural wrestling series, and special effect leather series.
Executives
Sun Hui Yong Directors, executives
Cai Yi Lei Executives
Cai Jian She Directors, executives
Wu Hua Chun Director
Li Guang Qing Executives
Su Jian Zhong Supervisors
Zhang Liang Securities Affairs Representative
Ran Chong Yuan Directors, executives
Wu Mei Li Directors, executives

Xingye Leather Technology Co Headlines

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