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China Education Resources (TSXV:CHN.H) Scaled Net Operating Assets : 0.02 (As of Sep. 2021)


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What is China Education Resources 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 Education Resources's operating assets for the quarter that ended in Sep. 2021 was C$9.53 Mil. China Education Resources's operating liabilities for the quarter that ended in Sep. 2021 was C$9.30 Mil. China Education Resources's Total Assets for the quarter that ended in Jun. 2021 was C$10.96 Mil. Therefore, China Education Resources's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was 0.02.


China Education Resources Scaled Net Operating Assets Historical Data

The historical data trend for China Education Resources'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 Education Resources Scaled Net Operating Assets Chart

China Education Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -0.14 -0.23 -0.11 -0.12

China Education Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.09 -0.13 -0.06 - 0.02

Competitive Comparison of China Education Resources's Scaled Net Operating Assets

For the Education & Training Services subindustry, China Education Resources'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 Education Resources's Scaled Net Operating Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Education Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Education Resources's Scaled Net Operating Assets falls into.



China Education Resources 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 Education Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(6.164-7.332)/9.396
=-0.12

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.246 - 3.082
=6.164

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.88 - 0.04 - 1.508
=7.332

China Education Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(9.528-9.297)/10.959
=0.02

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11.268 - 1.74
=9.528

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.946 - 0.009 - 1.64
=9.297

* 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.


China Education Resources Scaled Net Operating Assets Related Terms

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China Education Resources (TSXV:CHN.H) Business Description

Traded in Other Exchanges
N/A
Address
515 West Pender Street, Suite 300, Vancouver, BC, CAN, V6B 6H5
China Education Resources Inc provides an education internet portal with educational content, resources, and training programs to users and distributes educational textbooks and materials developed to bookstores and schools in China. The operations of the company are primarily in two geographic areas: Canada and China. China generates maximum revenue for the company.

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