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Qingdao Tianneng Heavy Industries Co (SZSE:300569) Scaled Net Operating Assets : 0.73 (As of Sep. 2024)


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What is Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co's operating assets for the quarter that ended in Sep. 2024 was ¥11,228 Mil. Qingdao Tianneng Heavy Industries Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥2,591 Mil. Qingdao Tianneng Heavy Industries Co's Total Assets for the quarter that ended in Jun. 2024 was ¥11,891 Mil. Therefore, Qingdao Tianneng Heavy Industries Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.73.


Qingdao Tianneng Heavy Industries Co Scaled Net Operating Assets Historical Data

The historical data trend for Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co Scaled Net Operating Assets Chart

Qingdao Tianneng Heavy Industries 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 0.63 0.61 0.64 0.68 0.74

Qingdao Tianneng Heavy Industries 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 0.61 0.64 0.65 0.70 0.73

Competitive Comparison of Qingdao Tianneng Heavy Industries Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Qingdao Tianneng Heavy Industries 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.


Qingdao Tianneng Heavy Industries Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Tianneng Heavy Industries Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qingdao Tianneng Heavy Industries Co's Scaled Net Operating Assets falls into.


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Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries 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 )
=(11581.984-3372.713)/11165.355
=0.74

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12842.627 - 1260.643
=11581.984

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7140.104 - 2223.211 - 1544.18
=3372.713

Qingdao Tianneng Heavy Industries 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 )
=(11227.652-2590.905)/11891.301
=0.73

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12139.658 - 912.006
=11227.652

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6503.142 - 1980.231 - 1932.006
=2590.905

* 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.


Qingdao Tianneng Heavy Industries Co Scaled Net Operating Assets Related Terms

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Qingdao Tianneng Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Longxiang Street, Datunhe Industrial Park, Ligezhuang Town, Shandong Province, Jiaozhou, CHN
Qingdao Tianneng Heavy Industries Co Ltd specializes in the manufacture and sale of megawatt wind turbine towers and related products. Its other business activities include chemical production equipment manufacturing, photovoltaic power generation, biomass energy generation and electric energy sales. In addition, the company is engaged in biomass energy power station construction, operation and maintenance. The products are sold to more than 20 provinces, municipalities and autonomous regions in China and foreign markets such as Italy, the United States, Iran and other countries.
Executives
Zhao Bo Executives
Yu Fu Hai Supervisors
Zhang Shi Qi Director
Hu Peng Peng Executives
Song De Hai Directors, executives
Liu Ping Executives
Fang Rui Zheng Directors, executives

Qingdao Tianneng Heavy Industries Co Headlines

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