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Zhejiang Zhaofeng Mechanical And Electronic Co (SZSE:300695) Scaled Net Operating Assets : 0.38 (As of Sep. 2024)


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What is Zhejiang Zhaofeng Mechanical And Electronic 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 Zhaofeng Mechanical And Electronic Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,549.6 Mil. Zhejiang Zhaofeng Mechanical And Electronic Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥412.4 Mil. Zhejiang Zhaofeng Mechanical And Electronic Co's Total Assets for the quarter that ended in Jun. 2024 was ¥3,029.0 Mil. Therefore, Zhejiang Zhaofeng Mechanical And Electronic Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.38.


Zhejiang Zhaofeng Mechanical And Electronic Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Zhaofeng Mechanical And Electronic 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 Zhaofeng Mechanical And Electronic Co Scaled Net Operating Assets Chart

Zhejiang Zhaofeng Mechanical And Electronic 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 0.22 0.27 0.34 0.27 0.30

Zhejiang Zhaofeng Mechanical And Electronic 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 0.27 0.28 0.37 0.38 0.38

Competitive Comparison of Zhejiang Zhaofeng Mechanical And Electronic Co's Scaled Net Operating Assets

For the Auto Parts subindustry, Zhejiang Zhaofeng Mechanical And Electronic 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 Zhaofeng Mechanical And Electronic Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Zhaofeng Mechanical And Electronic Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhaofeng Mechanical And Electronic Co's Scaled Net Operating Assets falls into.


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Zhejiang Zhaofeng Mechanical And Electronic 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 Zhaofeng Mechanical And Electronic 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 )
=(1426.014-578.714)/2856.017
=0.30

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3113.291 - 1687.277
=1426.014

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=578.714 - 0 - 0
=578.714

Zhejiang Zhaofeng Mechanical And Electronic 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 )
=(1549.645-412.447)/3028.985
=0.38

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2969.744 - 1420.099
=1549.645

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=412.447 - 0 - 0
=412.447

* 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 Zhaofeng Mechanical And Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Zhaofeng Road, Xiaoshan Economic and Technological Development Zone, Qiaonan District, Zhejiang Province, HangZhou, CHN, 311232
Zhejiang Zhaofeng Mechanical And Electronic Co Ltd is an auto parts manufacturer specializing in the production of automotive wheel hub bearing units. The company specializes in producing first, second, and third generation hubs and varieties of precise bearings over 2900 types. Its products are widely used in middle and senior class sedans, commercial vehicles, trucks, and also well accepted in more than 30 countries and regions, including the United States, Canada, Germany, Italy, and South Korea.
Executives
Yang Bai Xian Directors, executives

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