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Zhejiang Meida Industrial Co (SZSE:002677) Scaled Net Operating Assets : 0.44 (As of Sep. 2024)


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What is Zhejiang Meida Industrial 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 Meida Industrial Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,002 Mil. Zhejiang Meida Industrial Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥179 Mil. Zhejiang Meida Industrial Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,865 Mil. Therefore, Zhejiang Meida Industrial Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.44.


Zhejiang Meida Industrial Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Meida Industrial 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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Zhejiang Meida Industrial Co Scaled Net Operating Assets Chart

Zhejiang Meida Industrial 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 0.40 0.35 0.37 0.37 0.33

Zhejiang Meida Industrial 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 0.39 0.34 0.35 0.35 0.44

Competitive Comparison of Zhejiang Meida Industrial Co's Scaled Net Operating Assets

For the Furnishings, Fixtures & Appliances subindustry, Zhejiang Meida Industrial 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 Meida Industrial Co's Scaled Net Operating Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiang Meida Industrial Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Meida Industrial Co's Scaled Net Operating Assets falls into.


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Zhejiang Meida Industrial 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 Meida Industrial 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 )
=(1046.397-300.884)/2281.418
=0.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2332.689 - 1286.292
=1046.397

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=304.132 - 1.662 - 1.586
=300.884

Zhejiang Meida Industrial 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 )
=(1001.78-179.49)/1865.115
=0.44

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1831.555 - 829.775
=1001.78

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=181.556 - 0.423 - 1.643
=179.49

* 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.


Zhejiang Meida Industrial Co Scaled Net Operating Assets Related Terms

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Zhejiang Meida Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
60k East and West Road, Haining, Zhejiang, CHN, 314416
Zhejiang Meida Industrial Co Ltd operates in the kitchen appliance industry. The company is engaged in the design, manufacturing, and distribution of integrated stoves. It offers a range of kitchen products, including hoods, stoves, cookers, sterilization products, storage cabinets, electrical ovens, and water purifiers.
Executives
Zhong Chuan Liang Directors, executives
Xia Zhi Sheng Directors, executives
Wang Pei Fei Directors, executives
Zhang Jiang Ping Director
Xu Jian Long Directors, executives
Xu Hong Securities Affairs Representative
Jiang Zhi Hong Supervisors
Zhang Lv Lun Independent director
Xia Ding Executives, directors
Xia Lan Executives, directors
Ma Ju Ping Supervisors

Zhejiang Meida Industrial Co Headlines

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