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Zhejiang Canaan Technology (SZSE:300412) Scaled Net Operating Assets : 0.49 (As of Sep. 2024)


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What is Zhejiang Canaan Technology 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 Canaan Technology's operating assets for the quarter that ended in Sep. 2024 was ¥2,320 Mil. Zhejiang Canaan Technology's operating liabilities for the quarter that ended in Sep. 2024 was ¥1,059 Mil. Zhejiang Canaan Technology's Total Assets for the quarter that ended in Jun. 2024 was ¥2,575 Mil. Therefore, Zhejiang Canaan Technology's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.49.


Zhejiang Canaan Technology Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Canaan Technology'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 Canaan Technology Scaled Net Operating Assets Chart

Zhejiang Canaan Technology 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 0.45 0.51 0.52 0.42 0.47

Zhejiang Canaan Technology 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 0.50 0.49 0.49

Competitive Comparison of Zhejiang Canaan Technology's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Zhejiang Canaan Technology'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 Canaan Technology's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Canaan Technology's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Canaan Technology's Scaled Net Operating Assets falls into.


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Zhejiang Canaan Technology 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 Canaan Technology'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 )
=(2302.779-1127.306)/2500.028
=0.47

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2597.904 - 295.125
=2302.779

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1541.931 - 191.899 - 222.726
=1127.306

Zhejiang Canaan Technology'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 )
=(2320.271-1058.923)/2575.137
=0.49

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2593.289 - 273.018
=2320.271

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1529.222 - 157.38 - 312.919
=1058.923

* 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.


Zhejiang Canaan Technology Scaled Net Operating Assets Related Terms

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Zhejiang Canaan Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 1188, Jiangnan Avenue, Oubei Street, Yongjia County, Zhejiang Province, Wenzhou City, CHN, 325105
Zhejiang Canaan Technology Ltd is a manufacturer of designing and processing equipment for solid dosage. The company's main business is pharmaceutical equipment, and it is a known domestic supplier of overall solutions for oral solid preparations in smart factories. The specific business segments can be subdivided into oral solid preparation equipment and smart factory business, biological and sterile preparation water equipment and liquid preparation system engineering business, smart logistics business, pharmaceutical R&D services, etc.
Executives
Zhou Zhen Dao Director
Fang Zhi Yi Director
Xu Hai Zhi Executives
Chao Hu Directors, executives, securities affairs represen
Wan Guo Hua Executives
Liao Quan Hui Executives
Chen Yong Xing Directors, executives, securities affairs represen
Sun Guo Long Director
Yang Dao Xiao Supervisors

Zhejiang Canaan Technology Headlines

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