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Changzhou Tiansheng New Materials Group Co (SZSE:300169) Scaled Net Operating Assets : 0.60 (As of Sep. 2024)


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What is Changzhou Tiansheng New Materials Group 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.

Changzhou Tiansheng New Materials Group Co's operating assets for the quarter that ended in Sep. 2024 was ¥897.0 Mil. Changzhou Tiansheng New Materials Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥343.1 Mil. Changzhou Tiansheng New Materials Group Co's Total Assets for the quarter that ended in Jun. 2024 was ¥926.6 Mil. Therefore, Changzhou Tiansheng New Materials Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.60.


Changzhou Tiansheng New Materials Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Changzhou Tiansheng New Materials Group 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.

Changzhou Tiansheng New Materials Group Co Scaled Net Operating Assets Chart

Changzhou Tiansheng New Materials Group 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 0.58 0.57 0.49 0.46 0.33

Changzhou Tiansheng New Materials Group 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 0.43 0.34 0.50 0.56 0.60

Competitive Comparison of Changzhou Tiansheng New Materials Group Co's Scaled Net Operating Assets

For the Chemicals subindustry, Changzhou Tiansheng New Materials Group 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.


Changzhou Tiansheng New Materials Group Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Changzhou Tiansheng New Materials Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Changzhou Tiansheng New Materials Group Co's Scaled Net Operating Assets falls into.



Changzhou Tiansheng New Materials Group 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.

Changzhou Tiansheng New Materials Group 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 )
=(973.622-526.616)/1364.108
=0.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1160.042 - 186.42
=973.622

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1048.877 - 0.248 - 522.013
=526.616

Changzhou Tiansheng New Materials Group 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 )
=(896.979-343.091)/926.572
=0.60

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=944.246 - 47.267
=896.979

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=825.38 - 36.06 - 446.229
=343.091

* 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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Changzhou Tiansheng New Materials Group Co Business Description

Traded in Other Exchanges
N/A
Address
508 Longjin Road, Jiangsu, Changzhou City, CHN, 213028
Changzhou Tiansheng New Materials Group Co Ltd formerly Changzhou Tiansheng New Materials Co Ltd is engaged in the research and development, production, and sales of polymer foam materials. The company focuses on the field of flexible foams, structural foams, and post processing of these materials.
Executives
Xu Yi Directors, executives
Sun Jian Directors, executives
Lv Ze Wei Director
Wang Jian Executives
Qian Bin Executives
Song Yue Directors, executives
Wu Hai Zhou Directors, executives

Changzhou Tiansheng New Materials Group Co Headlines

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