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Caihong Display Devices Co (SHSE:600707) Scaled Net Operating Assets : 0.74 (As of Mar. 2024)


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What is Caihong Display Devices 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.

Caihong Display Devices Co's operating assets for the quarter that ended in Mar. 2024 was ¥32,780 Mil. Caihong Display Devices Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥3,962 Mil. Caihong Display Devices Co's Total Assets for the quarter that ended in Dec. 2023 was ¥38,944 Mil. Therefore, Caihong Display Devices Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.74.


Caihong Display Devices Co Scaled Net Operating Assets Historical Data

The historical data trend for Caihong Display Devices 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.

Caihong Display Devices Co Scaled Net Operating Assets Chart

Caihong Display Devices Co 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 0.75 0.68 0.67 0.63 0.71

Caihong Display Devices Co 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 0.68 0.68 0.70 0.74 0.74

Competitive Comparison of Caihong Display Devices Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Caihong Display Devices 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.


Caihong Display Devices Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Caihong Display Devices Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Caihong Display Devices Co's Scaled Net Operating Assets falls into.



Caihong Display Devices 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.

Caihong Display Devices 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 )
=(33483.981-4421.586)/40754.034
=0.71

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=38943.52 - 5459.539
=33483.981

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18488.323 - 8239.963 - 5826.774
=4421.586

Caihong Display Devices 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: Dec. 2023 )
=(32779.718-3961.688)/38943.52
=0.74

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39003.491 - 6223.773
=32779.718

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18271.117 - 7120.823 - 7188.606
=3961.688

* 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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Caihong Display Devices Co (SHSE:600707) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Caihong Road, Xianyang, Shanxi, CHN, 712021
Caihong Display Devices Co Ltd is engaged in the research and development of new energy photovoltaic glass. Its operations include construction and operation of solar power plants; production and sales of solar photovoltaic glass, tempered glass, coated glass, conductive film glass, flat glass, and vacuum glass; production and sales of solar cell chip, solar cell module, and their auxiliary products as well as silicon materials; solar photovoltaic power generation related business; and other products. The majority of its revenue comes from China.
Executives
Jin Bo Director
Wang Xiao Yang Supervisors
Yan Yue Ping Supervisors

Caihong Display Devices Co (SHSE:600707) Headlines

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