Tex Year Industries Co (TPE:4720) Scaled Net Operating Assets : 0.54 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Tex Year Industries 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.

Tex Year Industries Co's operating assets for the quarter that ended in Mar. 2024 was NT$2,444 Mil. Tex Year Industries Co's operating liabilities for the quarter that ended in Mar. 2024 was NT$703 Mil. Tex Year Industries Co's Total Assets for the quarter that ended in Sep. 2023 was NT$3,214 Mil. Therefore, Tex Year Industries Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.54.

Tex Year Industries Co Scaled Net Operating Assets Historical Data

The historical data trend for Tex Year Industries 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.

Tex Year Industries Co Scaled Net Operating Assets Chart

Tex Year Industries Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.57

0.71

0.61

0.62

0.66

Tex Year Industries Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.62	0.58	0.59	0.63	0.54

Competitive Comparison of Tex Year Industries Co's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Tex Year Industries 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.

Tex Year Industries Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Scaled Net Operating Assets falls into.

Tex Year Industries 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.

Tex Year Industries Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2021 )
=	(Operating Assets (A: Dec. 2021 )	-	Operating Liabilities (A: Dec. 2021 ))	/	Total Assets (A: Dec. 2020 )
=	(2782.857	-	782.346)	/	3055.987
=	0.65

where

	Operating Assets		(A: Dec. 2021 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3280.649	-	497.792
=	2782.857

	Operating Liabilities		(A: Dec. 2021 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1937.19	-	453.977	-	700.867
=	782.346

Tex Year Industries 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: Sep. 2023 )
=	(2443.521	-	703.391)	/	3213.887
=	0.54

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2993.635	-	550.114
=	2443.521

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1484.383	-	153.012	-	627.98
=	703.391

Tex Year Industries Co Scaled Net Operating Assets Related Terms

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

Tex Year Industries Co (TPE:4720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tex Year Industries Co Ltd (TPE:4720) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248

Website

https://www.texyear.com

Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

No Headlines