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

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


View and export this data going back to 2024. Start your Free Trial

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.

* Premium members only.

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 Premium Member Only Premium Member Only 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

* 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 EV-Tech Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Zhejiang EV-Tech Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang EV-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 505, Wenchang Road, Dipu Street, Zhejiang Province, Anji County, Huzhou, CHN, 313300
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

No Headlines