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Zhejiang Hengda New Material Co (SZSE:301469) Scaled Net Operating Assets : 0.61 (As of Sep. 2024)


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What is Zhejiang Hengda New Material 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 Hengda New Material Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,137 Mil. Zhejiang Hengda New Material Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥131 Mil. Zhejiang Hengda New Material Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,642 Mil. Therefore, Zhejiang Hengda New Material Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.61.


Zhejiang Hengda New Material Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Hengda New Material 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 Hengda New Material Co Scaled Net Operating Assets Chart

Zhejiang Hengda New Material 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 0.85 0.73 0.70 0.67 1.19

Zhejiang Hengda New Material Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 0.91 0.65 0.62 0.60 0.61

Competitive Comparison of Zhejiang Hengda New Material Co's Scaled Net Operating Assets

For the Packaging & Containers subindustry, Zhejiang Hengda New Material 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 Hengda New Material Co's Scaled Net Operating Assets Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Hengda New Material Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zhejiang Hengda New Material Co's Scaled Net Operating Assets falls into.


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Zhejiang Hengda New Material 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 Hengda New Material 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 )
=(1215.813-160.326)/887.408
=1.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1698.395 - 482.582
=1215.813

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=332.962 - 142.337 - 30.299
=160.326

Zhejiang Hengda New Material 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 )
=(1136.517-131.345)/1641.81
=0.61

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1641.194 - 504.677
=1136.517

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=286.755 - 105.096 - 50.314
=131.345

* 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 Hengda New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Daming Road, Industrial Park, Huzhen Town, Longyou County, Zhejiang, Quzhou, CHN, 324401
Zhejiang Hengda New Material Co Ltd is a national high-tech enterprise engaged in the production and research & development of special new paper-based packaging materials. The company has several international advanced special paper production lines, specializing in the production and R & D of various high-grade medical packaging series paper, food packaging series paper, cigarette supporting paper, industrial technology supporting paper, etc. with the personality quality of green, health, safety and environmental protection, the company mainly serves the medical health industry and the international well-known fast food consumption industry, Meet customers one-stop purchase demand for medical and food packaging paper, and realize win-win cooperation at the same time.

Zhejiang Hengda New Material Co Headlines

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