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Jiangsu LiXing General Steel Ball Co (SZSE:300421) Scaled Net Operating Assets : 0.78 (As of Sep. 2024)


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What is Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,710 Mil. Jiangsu LiXing General Steel Ball Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥334 Mil. Jiangsu LiXing General Steel Ball Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,776 Mil. Therefore, Jiangsu LiXing General Steel Ball Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.78.


Jiangsu LiXing General Steel Ball Co Scaled Net Operating Assets Historical Data

The historical data trend for Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball Co Scaled Net Operating Assets Chart

Jiangsu LiXing General Steel Ball 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 0.73 0.77 0.83 0.78 0.76

Jiangsu LiXing General Steel Ball 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 0.77 0.72 0.75 0.73 0.78

Competitive Comparison of Jiangsu LiXing General Steel Ball Co's Scaled Net Operating Assets

For the Steel subindustry, Jiangsu LiXing General Steel Ball 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.


Jiangsu LiXing General Steel Ball Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu LiXing General Steel Ball Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Jiangsu LiXing General Steel Ball Co's Scaled Net Operating Assets falls into.


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Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball 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 )
=(1691.017-341.769)/1787.918
=0.75

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1825.352 - 134.335
=1691.017

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=591.973 - 0 - 250.204
=341.769

Jiangsu LiXing General Steel Ball 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 )
=(1710.411-333.572)/1775.997
=0.78

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1887.606 - 177.195
=1710.411

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=638.727 - 0 - 305.155
=333.572

* 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.


Jiangsu LiXing General Steel Ball Co Scaled Net Operating Assets Related Terms

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Jiangsu LiXing General Steel Ball Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Xingyuan Avenue, Rugao Town, Jiangsu Province, Rugao, Jiangsu, CHN, 226500
Jiangsu LiXing General Steel Ball Co Ltd is engaged in manufacturing of mechanical basic parts and auto parts. Its main products are high-precision bearing steel ball, precision non-sound steel ball, high-grade car special precision bearing steel ball, high-grade car wheel special steel ball, wind power generation special steel Balls.
Executives
Su Yin Jian Supervisors
Zhao Gao Ming Directors, executives
Wang Rong Directors, executives
Sha Xiao Jian Executives
Zhang Bang You Directors, executives
Chen Fang Executives
Wu Xiang Hui Supervisors
Tang Guo Hua Directors, executives
Shi Xiang Gui Directors, executives

Jiangsu LiXing General Steel Ball Co Headlines

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