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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Scaled Net Operating Assets : 0.39 (As of Mar. 2024)


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What is China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection Co's operating assets for the quarter that ended in Mar. 2024 was ¥1,894.3 Mil. China Machinery Huanyu Certification and Inspection Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥692.4 Mil. China Machinery Huanyu Certification and Inspection Co's Total Assets for the quarter that ended in Dec. 2023 was ¥3,118.6 Mil. Therefore, China Machinery Huanyu Certification and Inspection Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.39.


China Machinery Huanyu Certification and Inspection Co Scaled Net Operating Assets Historical Data

The historical data trend for China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection Co Scaled Net Operating Assets Chart

China Machinery Huanyu Certification and Inspection Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.68 0.91 0.45 0.51 0.54

China Machinery Huanyu Certification and Inspection Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.45 0.45 0.49 0.39

Competitive Comparison of China Machinery Huanyu Certification and Inspection Co's Scaled Net Operating Assets

For the Specialty Business Services subindustry, China Machinery Huanyu Certification and Inspection 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.


China Machinery Huanyu Certification and Inspection Co's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Machinery Huanyu Certification and Inspection Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Machinery Huanyu Certification and Inspection Co's Scaled Net Operating Assets falls into.



China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection 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 )
=(1866.474-1126.844)/1375.282
=0.54

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3118.6 - 1252.126
=1866.474

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1137.849 - 4.324 - 6.681
=1126.844

China Machinery Huanyu Certification and Inspection Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1894.25-692.43)/3118.6
=0.39

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2711.493 - 817.243
=1894.25

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=702.932 - 3.756 - 6.746
=692.43

* 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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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 32, Tianrong Street, Beizangcun Town, Daxing, Beijing, CHN, 102609
China Machinery Huanyu Certification and Inspection Co Ltd provides Product inspection and testing services for complete automobiles, military equipment, engineering machinery, special equipment, civil aviation ground equipment, parts and components, as well as certification services such as product certification, system certification and service certification.

China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Headlines

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