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Tongyu Communication (SZSE:002792) Scaled Net Operating Assets : 0.36 (As of Mar. 2024)


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What is Tongyu Communication 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.

Tongyu Communication's operating assets for the quarter that ended in Mar. 2024 was ¥2,076 Mil. Tongyu Communication's operating liabilities for the quarter that ended in Mar. 2024 was ¥728 Mil. Tongyu Communication's Total Assets for the quarter that ended in Dec. 2023 was ¥3,715 Mil. Therefore, Tongyu Communication's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.36.


Tongyu Communication Scaled Net Operating Assets Historical Data

The historical data trend for Tongyu Communication'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.

Tongyu Communication Scaled Net Operating Assets Chart

Tongyu Communication 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 0.28 0.29 0.30 0.25 0.35

Tongyu Communication 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 0.31 0.32 0.33 0.35 0.36

Competitive Comparison of Tongyu Communication's Scaled Net Operating Assets

For the Communication Equipment subindustry, Tongyu Communication'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.


Tongyu Communication's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tongyu Communication's Scaled Net Operating Assets distribution charts can be found below:

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



Tongyu Communication 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.

Tongyu Communication'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 )
=(2081.494-826.41)/3572.469
=0.35

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3714.906 - 1633.412
=2081.494

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=911.774 - 2.423 - 82.941
=826.41

Tongyu Communication'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 )
=(2075.599-728.081)/3714.906
=0.36

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3610.323 - 1534.724
=2075.599

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=801.126 - 6.324 - 66.721
=728.081

* 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.


Tongyu Communication Scaled Net Operating Assets Related Terms

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Tongyu Communication (SZSE:002792) Business Description

Traded in Other Exchanges
N/A
Address
No.3 Jintong Street ,State-Level, Torch Hi-Tech Industrial Development Zone, Guandong, Zhongshan City, CHN, 528437
Tongyu Communication Inc develops, manufactures and sells communication antennas and RF devices, optical module and other products used in mobile communication systems. The company produces base station antennas, RF components, microwave antennas, indoor antennas.
Executives
Wu Zhong Lin Director
Chen Hong Sheng Directors, executives
Fang Feng Ming Executives
Liu Mu Lin Directors, executives
Gao Zhuo Feng Supervisors
Sun Jun Quan Supervisors
Huang Si Ding Executives

Tongyu Communication (SZSE:002792) Headlines

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