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Zhejiang Kaier New Materials Co (SZSE:300234) Scaled Net Operating Assets : 0.59 (As of Jun. 2024)


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What is Zhejiang Kaier New Materials 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 Kaier New Materials Co's operating assets for the quarter that ended in Jun. 2024 was ¥1,073.0 Mil. Zhejiang Kaier New Materials Co's operating liabilities for the quarter that ended in Jun. 2024 was ¥221.0 Mil. Zhejiang Kaier New Materials Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,436.1 Mil. Therefore, Zhejiang Kaier New Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.59.


Zhejiang Kaier New Materials Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Kaier New Materials 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 Kaier New Materials Co Scaled Net Operating Assets Chart

Zhejiang Kaier New Materials 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 0.67 0.69 0.66 0.65 0.60

Zhejiang Kaier New Materials Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.59 0.60 0.59 0.58 0.59

Competitive Comparison of Zhejiang Kaier New Materials Co's Scaled Net Operating Assets

For the Steel subindustry, Zhejiang Kaier New Materials 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 Kaier New Materials Co's Scaled Net Operating Assets Distribution in the Steel Industry

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

* The bar in red indicates where Zhejiang Kaier New Materials Co's Scaled Net Operating Assets falls into.



Zhejiang Kaier New Materials 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 Kaier New Materials 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 )
=(1153.126-269.317)/1465.032
=0.60

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1453.597 - 300.471
=1153.126

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=325.731 - 7.008 - 49.406
=269.317

Zhejiang Kaier New Materials Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(1072.999-220.957)/1436.128
=0.59

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1405.769 - 332.77
=1072.999

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=285.806 - 6.281 - 58.568
=220.957

* 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 Kaier New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
Caozhai Industrial Zone, Jindong District, Jinhua City, Zhejiang Province, CHN, 3210031
Zhejiang Kaier New Materials Co Ltd is engaged in the research, development, design, production, promotion, manufacture, and sales of functional enamel materials.
Executives
Xing Han Xue Directors, executives
Wu Jian Ming Directors, executives
Liu Yong Zhen Executives
Xing Han Ke Directors, executives
Zheng Gen Tu Executives
Cheng Zhi Yong Directors, executives
Sheng Lei Securities Affairs Representative
Fu Jian You Supervisors
Gu Jin Fang Director

Zhejiang Kaier New Materials Co Headlines

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