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Changzhou Nrb (SZSE:002708) Scaled Net Operating Assets : 0.55 (As of Mar. 2024)


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What is Changzhou Nrb 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.

Changzhou Nrb's operating assets for the quarter that ended in Mar. 2024 was ¥2,674 Mil. Changzhou Nrb's operating liabilities for the quarter that ended in Mar. 2024 was ¥889 Mil. Changzhou Nrb's Total Assets for the quarter that ended in Dec. 2023 was ¥3,246 Mil. Therefore, Changzhou Nrb's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.55.


Changzhou Nrb Scaled Net Operating Assets Historical Data

The historical data trend for Changzhou Nrb'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.

Changzhou Nrb Scaled Net Operating Assets Chart

Changzhou Nrb 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 0.70 0.71 0.62 0.61 0.63

Changzhou Nrb 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 0.63 0.67 0.66 0.63 0.55

Competitive Comparison of Changzhou Nrb's Scaled Net Operating Assets

For the Auto Parts subindustry, Changzhou Nrb'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.


Changzhou Nrb's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Nrb's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Changzhou Nrb's Scaled Net Operating Assets falls into.



Changzhou Nrb 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.

Changzhou Nrb'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 )
=(2592.395-894.964)/2712.938
=0.63

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3246.138 - 653.743
=2592.395

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1584.296 - 26.921 - 662.411
=894.964

Changzhou Nrb'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 )
=(2674.063-889.031)/3246.138
=0.55

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3243.824 - 569.761
=2674.063

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1561.131 - 32.862 - 639.238
=889.031

* 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.


Changzhou Nrb Scaled Net Operating Assets Related Terms

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Changzhou Nrb (SZSE:002708) Business Description

Traded in Other Exchanges
N/A
Address
No.52 Hanjiang Road, New Hi-Tech District, Jiangsu, Changzhou, CHN, 213022
Changzhou Nrb Corp is engaged in the research and development, manufacturing and sales of high precision and high-reliability products like precision bearings, synchronizers, planetary platoons, and precision forgings. Its products are needle roller bearing, roller bearing, clutch release bearing, and hub bearing which are mainly applied to assemblies like automotive transmission, clutch, heavy truck axle, and hub.
Executives
Cheng Shang Nan Director
Zhang Jian Gang Executives
Weng Jun Executives
Wu Chao Yang Directors, executives
Zheng Wei Qiang Directors, Directors, and Executives
Li Shu Hua Director
Huang Xing Hua Executives
Shen Ya Jun Executives
Yao Jian Ping Supervisors
Xu Jian Feng Supervisors
Cheng Shang Bai Directors, executives
Cheng Xiao Su Director

Changzhou Nrb (SZSE:002708) Headlines

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