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Bengang Steel Plates Co (SZSE:200761) Scaled Net Operating Assets : 0.54 (As of Mar. 2024)


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What is Bengang Steel Plates 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.

Bengang Steel Plates Co's operating assets for the quarter that ended in Mar. 2024 was HK$48,009 Mil. Bengang Steel Plates Co's operating liabilities for the quarter that ended in Mar. 2024 was HK$20,800 Mil. Bengang Steel Plates Co's Total Assets for the quarter that ended in Dec. 2023 was HK$50,513 Mil. Therefore, Bengang Steel Plates Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.54.


Bengang Steel Plates Co Scaled Net Operating Assets Historical Data

The historical data trend for Bengang Steel Plates 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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Bengang Steel Plates Co Scaled Net Operating Assets Chart

Bengang Steel Plates 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 0.33 0.54 0.46 0.48 0.55

Bengang Steel Plates 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 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 0.60 0.49 0.54 0.55 0.54

Competitive Comparison of Bengang Steel Plates Co's Scaled Net Operating Assets

For the Steel subindustry, Bengang Steel Plates 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.


Bengang Steel Plates Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bengang Steel Plates Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Bengang Steel Plates Co's Scaled Net Operating Assets falls into.



Bengang Steel Plates 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.

Bengang Steel Plates 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 )
=(48112.409-20838.152)/49648.746
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50512.875 - 2400.466
=48112.409

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31263.416 - 9316.301 - 1108.963
=20838.152

Bengang Steel Plates 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 )
=(48008.685-20800.002)/50512.875
=0.54

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50053.059 - 2044.374
=48008.685

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31887.408 - 9929.135 - 1158.271
=20800.002

* 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.


Bengang Steel Plates Co Scaled Net Operating Assets Related Terms

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Bengang Steel Plates Co (SZSE:200761) Business Description

Traded in Other Exchanges
Address
No.16, Renmin Road, Pingshan District, Liaoning Province, Benxi, CHN, 117000
Bengang Steel Plates Co Ltd is an iron and steel smelting company. Its products are applied in automobiles, household appliances, petrochemical engineering, machine manufacturing, energy transportation, architectural decoration, metal parts, and various other industries and are exported to more than 60 countries and regions.

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