Guangdong Rifeng Electric Cable Co (SZSE:002953) Scaled Net Operating Assets : 0.67 (As of Mar. 2024)

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What is Guangdong Rifeng Electric Cable 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.

Guangdong Rifeng Electric Cable Co's operating assets for the quarter that ended in Mar. 2024 was ¥2,873 Mil. Guangdong Rifeng Electric Cable Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥786 Mil. Guangdong Rifeng Electric Cable Co's Total Assets for the quarter that ended in Dec. 2023 was ¥3,108 Mil. Therefore, Guangdong Rifeng Electric Cable Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.67.

Guangdong Rifeng Electric Cable Co Scaled Net Operating Assets Historical Data

The historical data trend for Guangdong Rifeng Electric Cable 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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Guangdong Rifeng Electric Cable Co Scaled Net Operating Assets Chart

Guangdong Rifeng Electric Cable Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.98

0.88

1.29

0.70

0.68

Guangdong Rifeng Electric Cable Co 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															0.64	0.66	0.67	0.67	0.67

Competitive Comparison of Guangdong Rifeng Electric Cable Co's Scaled Net Operating Assets

For the Electronics & Computer Distribution subindustry, Guangdong Rifeng Electric Cable 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.

Guangdong Rifeng Electric Cable Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Rifeng Electric Cable Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Guangdong Rifeng Electric Cable Co's Scaled Net Operating Assets falls into.

Guangdong Rifeng Electric Cable 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.

Guangdong Rifeng Electric Cable 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 )
=	(2745.929	-	795.329)	/	2871.122
=	0.68

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3107.687	-	361.758
=	2745.929

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1341.76	-	96.143	-	450.288
=	795.329

Guangdong Rifeng Electric Cable Co'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 )
=	(2872.627	-	786.336)	/	3107.687
=	0.67

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3154.314	-	281.687
=	2872.627

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1355.914	-	117.898	-	451.68
=	786.336

Guangdong Rifeng Electric Cable Co Scaled Net Operating Assets Related Terms

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Guangdong Rifeng Electric Cable Co (SZSE:002953) Business Description

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Address

Guangfeng Industrial Park, West District, Guangdong Province, Zhongshan, CHN

Website

http://www.rfcable.com.cn

Guangdong Rifeng Electric Cable Co Ltd is a wire and cable manufacturer. It produces all types of cables, including household wires, power cables, rubber cables, control cables, heavy mechanical cables, instrument cables, communication cables, marine cables, connecting cables and power cords. Products are widely used in household appliances, power engineering, petrochemical, metallurgy, construction machinery, communications engineering, wind power, environmental engineering, dam embankment engineering, instrumentation, computer communication control and other fields.

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