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Xiamen Hongxin Electronics Technology Group (SZSE:300657) Scaled Net Operating Assets : 0.40 (As of Dec. 2024)


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What is Xiamen Hongxin Electronics Technology Group 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.

Xiamen Hongxin Electronics Technology Group's operating assets for the quarter that ended in Dec. 2024 was ¥6,272 Mil. Xiamen Hongxin Electronics Technology Group's operating liabilities for the quarter that ended in Dec. 2024 was ¥3,788 Mil. Xiamen Hongxin Electronics Technology Group's Total Assets for the quarter that ended in Sep. 2024 was ¥6,231 Mil. Therefore, Xiamen Hongxin Electronics Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.40.


Xiamen Hongxin Electronics Technology Group Scaled Net Operating Assets Historical Data

The historical data trend for Xiamen Hongxin Electronics Technology Group'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.

Xiamen Hongxin Electronics Technology Group Scaled Net Operating Assets Chart

Xiamen Hongxin Electronics Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.46 0.51 0.42 0.44

Xiamen Hongxin Electronics Technology Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.40 0.41 0.47 0.49 0.40

Competitive Comparison of Xiamen Hongxin Electronics Technology Group's Scaled Net Operating Assets

For the Electronic Components subindustry, Xiamen Hongxin Electronics Technology Group'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.


Xiamen Hongxin Electronics Technology Group's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xiamen Hongxin Electronics Technology Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Xiamen Hongxin Electronics Technology Group's Scaled Net Operating Assets falls into.


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Xiamen Hongxin Electronics Technology Group 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.

Xiamen Hongxin Electronics Technology Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(6271.868-3788.113)/5683.163
=0.44

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6606.706 - 334.838
=6271.868

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5199.396 - 213.01 - 1198.273
=3788.113

Xiamen Hongxin Electronics Technology Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(6271.868-3788.113)/6231.054
=0.40

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6606.706 - 334.838
=6271.868

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5199.396 - 213.01 - 1198.273
=3788.113

* 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.


Xiamen Hongxin Electronics Technology Group Scaled Net Operating Assets Related Terms

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Xiamen Hongxin Electronics Technology Group Business Description

Traded in Other Exchanges
N/A
Address
19 Xianghai Road, 3rd Floor, No 1 plant, Torch Hi-tech Zone (Xiangan) Industrial Zone, Fujian Province, Xiamen, CHN, 361100
Xiamen Hongxin Electronics Technology Group Inc is a China-based company engaged in designing, manufacturing, and selling Flexible Printed Circuit boards (FPC). The company-produced FPC is used as supportive services for mobile communication and various kinds of consumer electronic products. Its product portfolio covers thin double-sided FPC, wearable FPC, LCD module class, CCM module class, and hardboard, among others.
Executives
Li Yi Feng Directors, executives
Fu Zhong Hong Director
Kong Zhi Bin Directors, executives
Wang Yi Director
Li Qiang Director

Xiamen Hongxin Electronics Technology Group Headlines

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