Zhejiang EV-Tech Co (SZSE:301607) Scaled Net Operating Assets : 0.36 (As of Sep. 2024)

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What is Zhejiang EV-Tech 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 EV-Tech Co's operating assets for the quarter that ended in Sep. 2024 was ¥1,407.2 Mil. Zhejiang EV-Tech Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥890.2 Mil. Zhejiang EV-Tech Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,447.4 Mil. Therefore, Zhejiang EV-Tech Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.36.

Zhejiang EV-Tech Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang EV-Tech 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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Zhejiang EV-Tech Co Scaled Net Operating Assets Chart

Zhejiang EV-Tech Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.13

0.09

0.22

0.09

0.14

Zhejiang EV-Tech Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial					0.12	-	-	0.31	0.36

Competitive Comparison of Zhejiang EV-Tech Co's Scaled Net Operating Assets

For the Auto Manufacturers subindustry, Zhejiang EV-Tech 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 EV-Tech Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Zhejiang EV-Tech Co's Scaled Net Operating Assets falls into.

Zhejiang EV-Tech 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 EV-Tech 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 )
=	(1182.284	-	967.027)	/	1535.055
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1640.508	-	458.224
=	1182.284

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1063.175	-	19.928	-	76.22
=	967.027

Zhejiang EV-Tech 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 )
=	(1407.194	-	890.183)	/	1447.429
=	0.36

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1972.654	-	565.46
=	1407.194

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	988.982	-	23.527	-	75.272
=	890.183

Zhejiang EV-Tech Co Scaled Net Operating Assets Related Terms

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Zhejiang EV-Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang EV-Tech Co Ltd (SZSE:301607) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

No. 505, Wenchang Road, Dipu Street, Zhejiang Province, Anji County, Huzhou, CHN, 313300

Website

http://www.zjevt.com

Zhejiang EV-Tech Co Ltd is a national high-tech enterprise focusing on core components of new energy vehicles, and the main supplier of on-board chargers and on-board DC/DC converters for new energy vehicles. Its production base is located in Anji County, Huzhou City, and its R&D center lies in West Lake District, Hangzhou City.

Zhejiang EV-Tech Co Headlines

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