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Ningbo Hengshuai Co (SZSE:300969) Scaled Net Operating Assets : 0.42 (As of Dec. 2024)


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What is Ningbo Hengshuai 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.

Ningbo Hengshuai Co's operating assets for the quarter that ended in Dec. 2024 was ¥913.8 Mil. Ningbo Hengshuai Co's operating liabilities for the quarter that ended in Dec. 2024 was ¥290.0 Mil. Ningbo Hengshuai Co's Total Assets for the quarter that ended in Sep. 2024 was ¥1,491.0 Mil. Therefore, Ningbo Hengshuai Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.42.


Ningbo Hengshuai Co Scaled Net Operating Assets Historical Data

The historical data trend for Ningbo Hengshuai 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.

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Ningbo Hengshuai Co Scaled Net Operating Assets Chart

Ningbo Hengshuai Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.64 0.84 0.46 0.47 0.44

Ningbo Hengshuai Co 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 0.42 0.40 0.42 0.45 0.42

Competitive Comparison of Ningbo Hengshuai Co's Scaled Net Operating Assets

For the Auto Parts subindustry, Ningbo Hengshuai 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.


Ningbo Hengshuai Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Hengshuai Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ningbo Hengshuai Co's Scaled Net Operating Assets falls into.


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Ningbo Hengshuai 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.

Ningbo Hengshuai Co'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 )
=(913.78-290.017)/1418.451
=0.44

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1575.684 - 661.904
=913.78

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=292.668 - 2.175 - 0.476
=290.017

Ningbo Hengshuai Co'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 )
=(913.78-290.017)/1491.03
=0.42

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1575.684 - 661.904
=913.78

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=292.668 - 2.175 - 0.476
=290.017

* 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.


Ningbo Hengshuai Co Scaled Net Operating Assets Related Terms

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Ningbo Hengshuai Co Business Description

Traded in Other Exchanges
N/A
Address
No. 399 Tongning Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Hengshuai Co Ltd is engaged in the research and development, production and sales of automotive micromotors and automotive cleaning pumps and cleaning system products with micromotors as the core components.

Ningbo Hengshuai Co Headlines

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