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Zhejiang Hengwei Battery Co (SZSE:301222) Scaled Net Operating Assets : 0.36 (As of Sep. 2024)


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What is Zhejiang Hengwei Battery 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 Hengwei Battery Co's operating assets for the quarter that ended in Sep. 2024 was ¥591.2 Mil. Zhejiang Hengwei Battery Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥80.4 Mil. Zhejiang Hengwei Battery Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,422.0 Mil. Therefore, Zhejiang Hengwei Battery Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.36.


Zhejiang Hengwei Battery Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Hengwei Battery 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 Hengwei Battery Co Scaled Net Operating Assets Chart

Zhejiang Hengwei Battery 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 0.44 0.54 0.54 0.44 0.23

Zhejiang Hengwei Battery Co Quarterly Data
Dec18 Dec19 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 0.24 0.22 0.27 0.33 0.36

Competitive Comparison of Zhejiang Hengwei Battery Co's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Zhejiang Hengwei Battery 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 Hengwei Battery Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Hengwei Battery Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Hengwei Battery Co's Scaled Net Operating Assets falls into.



Zhejiang Hengwei Battery 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 Hengwei Battery 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 )
=(369.588-67.429)/1331.439
=0.23

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1400.647 - 1031.059
=369.588

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=68.254 - 0.336 - 0.489
=67.429

Zhejiang Hengwei Battery 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 )
=(591.167-80.357)/1421.96
=0.36

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1452.534 - 861.367
=591.167

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=80.357 - 0 - 0
=80.357

* 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.


Zhejiang Hengwei Battery Co Scaled Net Operating Assets Related Terms

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Zhejiang Hengwei Battery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 77 Zhengyang West Road, Youchegang, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314018
Zhejiang Hengwei Battery Co Ltd is engaged in the production and sales of dry batteries and their accessories, and supporting small household appliances; research and development, manufacturing, sales and related technical services of battery parts and special equipment for battery production; engaged in import and export business.
Executives
Xu Yao Ting Directors, executives

Zhejiang Hengwei Battery Co Headlines

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