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Etrend Hightech (ROCO:3567) Scaled Net Operating Assets : 0.64 (As of Mar. 2024)


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What is Etrend Hightech 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.

Etrend Hightech's operating assets for the quarter that ended in Mar. 2024 was NT$522.3 Mil. Etrend Hightech's operating liabilities for the quarter that ended in Mar. 2024 was NT$71.1 Mil. Etrend Hightech's Total Assets for the quarter that ended in Dec. 2023 was NT$706.2 Mil. Therefore, Etrend Hightech's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.64.


Etrend Hightech Scaled Net Operating Assets Historical Data

The historical data trend for Etrend Hightech'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.

Etrend Hightech Scaled Net Operating Assets Chart

Etrend Hightech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.75 0.96 0.66 0.70

Etrend Hightech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.68 0.73 0.68 0.64

Competitive Comparison of Etrend Hightech's Scaled Net Operating Assets

For the Semiconductors subindustry, Etrend Hightech'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.


Etrend Hightech's Scaled Net Operating Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Etrend Hightech's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Etrend Hightech's Scaled Net Operating Assets falls into.



Etrend Hightech 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.

Etrend Hightech'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 )
=(558.68-73.375)/697.592
=0.70

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=706.246 - 147.566
=558.68

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=75.571 - 1.172 - 1.024
=73.375

Etrend Hightech'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 )
=(522.325-71.063)/706.246
=0.64

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=718.855 - 196.53
=522.325

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73.832 - 1.578 - 1.191
=71.063

* 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.


Etrend Hightech Scaled Net Operating Assets Related Terms

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Etrend Hightech (ROCO:3567) Business Description

Traded in Other Exchanges
N/A
Address
4 Floor,1 No.35 Hsin-Tai Road, Chu-pei, Hsin-chu, TWN, 302
Etrend Hightech Corp provides analog and mixed-signal integrated circuits testing services. Its services include test program development, probe card/load board/DUT board design, kit design, test process flow design and test production.

Etrend Hightech (ROCO:3567) Headlines

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