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Zhejiang Weixing Intelligent Meter Stock Co (SZSE:002849) Scaled Net Operating Assets : 0.42 (As of Sep. 2024)


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What is Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,872 Mil. Zhejiang Weixing Intelligent Meter Stock Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥880 Mil. Zhejiang Weixing Intelligent Meter Stock Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,382 Mil. Therefore, Zhejiang Weixing Intelligent Meter Stock Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.42.


Zhejiang Weixing Intelligent Meter Stock Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Weixing Intelligent Meter Stock 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.

* Premium members only.

Zhejiang Weixing Intelligent Meter Stock Co Scaled Net Operating Assets Chart

Zhejiang Weixing Intelligent Meter Stock 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 0.39 0.38 0.37 0.49 0.39

Zhejiang Weixing Intelligent Meter Stock 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 0.38 0.35 0.41 0.40 0.42

Competitive Comparison of Zhejiang Weixing Intelligent Meter Stock Co's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Weixing Intelligent Meter Stock Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing Intelligent Meter Stock Co's Scaled Net Operating Assets falls into.


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Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock 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 )
=(1750.592-901.045)/2161.506
=0.39

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2358.56 - 607.968
=1750.592

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1051.523 - 115.916 - 34.562
=901.045

Zhejiang Weixing Intelligent Meter Stock 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 )
=(1872.499-880.131)/2382.291
=0.42

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2418.747 - 546.248
=1872.499

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1044.07 - 156.391 - 7.548
=880.131

* 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 Weixing Intelligent Meter Stock Co Business Description

Traded in Other Exchanges
N/A
Address
No. 366-1, Xiangyun Road, Liangzhu Street, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 310015
Zhejiang Weixing Intelligent Meter Stock Co Ltd is engaged in the research, development, production, and sales of intelligent gas information system platform, intelligent terminal and ultrasonic metering products. The company's products cover IC card smart terminals, RF-based and IoT-based smart metering terminals, a new generation of ultrasonic meters and "gas cloud" information management platform, from civil gas meters to industrial and commercial gas meters.
Executives
Huang Wen Qian Director
Zhang Yan Secretary, Director
Chen Zhi Yuan Executives
Gu Jin Song Executives
Li Zu Guang Executives
Fan Hui Qun Director
Yan Bing Wei Securities Affairs Representative
Ma Shan Bing Director
Zhao Yan Hua Supervisors

Zhejiang Weixing Intelligent Meter Stock Co Headlines

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