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Shandong Hongyu Precision Machinery Co (SZSE:002890) Scaled Net Operating Assets : 0.46 (As of Sep. 2024)


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What is Shandong Hongyu Precision Machinery 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.

Shandong Hongyu Precision Machinery Co's operating assets for the quarter that ended in Sep. 2024 was ¥488.7 Mil. Shandong Hongyu Precision Machinery Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥145.6 Mil. Shandong Hongyu Precision Machinery Co's Total Assets for the quarter that ended in Jun. 2024 was ¥745.9 Mil. Therefore, Shandong Hongyu Precision Machinery Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.46.


Shandong Hongyu Precision Machinery Co Scaled Net Operating Assets Historical Data

The historical data trend for Shandong Hongyu Precision Machinery 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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Shandong Hongyu Precision Machinery Co Scaled Net Operating Assets Chart

Shandong Hongyu Precision Machinery 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 0.76 0.48 0.50 0.43 0.46

Shandong Hongyu Precision Machinery 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 0.46 0.46 0.51 0.46 0.46

Competitive Comparison of Shandong Hongyu Precision Machinery Co's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Shandong Hongyu Precision Machinery 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.


Shandong Hongyu Precision Machinery Co's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Shandong Hongyu Precision Machinery Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shandong Hongyu Precision Machinery Co's Scaled Net Operating Assets falls into.


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Shandong Hongyu Precision Machinery 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.

Shandong Hongyu Precision Machinery 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 )
=(487.468-147.096)/739.361
=0.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=737.411 - 249.943
=487.468

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=147.096 - 0 - 0
=147.096

Shandong Hongyu Precision Machinery 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 )
=(488.712-145.565)/745.882
=0.46

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=736.826 - 248.114
=488.712

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=145.565 - 0 - 0
=145.565

* 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.


Shandong Hongyu Precision Machinery Co Scaled Net Operating Assets Related Terms

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Shandong Hongyu Precision Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
3 Hongyu Road, Hutou Ya Economic and Technological Industrial Park, Shandong Province, Laizhou, CHN, 261400
Shandong Hongyu Precision Machinery Co Ltd is engaged in research & development, production and sales of tractor hydraulic lifts.
Executives
Ji Jun Sheng Supervisors
Li Chun Yu Executives
Liu Zhi Hong Directors, Directors, and Executives
Zhang Li Jie Executives
Liu Hai Xian Supervisors
Lv Gui Lin Executives
Zhang Zhi Guo Independent director

Shandong Hongyu Precision Machinery Co Headlines

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