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Shanghai Huafon Aluminium (SHSE:601702) Scaled Net Operating Assets : 0.84 (As of Mar. 2024)


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What is Shanghai Huafon Aluminium 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.

Shanghai Huafon Aluminium's operating assets for the quarter that ended in Mar. 2024 was ¥6,829 Mil. Shanghai Huafon Aluminium's operating liabilities for the quarter that ended in Mar. 2024 was ¥777 Mil. Shanghai Huafon Aluminium's Total Assets for the quarter that ended in Dec. 2023 was ¥7,183 Mil. Therefore, Shanghai Huafon Aluminium's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.84.


Shanghai Huafon Aluminium Scaled Net Operating Assets Historical Data

The historical data trend for Shanghai Huafon Aluminium'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.

Shanghai Huafon Aluminium Scaled Net Operating Assets Chart

Shanghai Huafon Aluminium Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.97 0.98 0.97 0.91 0.95

Shanghai Huafon Aluminium 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 0.82 0.80 0.91 0.87 0.84

Competitive Comparison of Shanghai Huafon Aluminium's Scaled Net Operating Assets

For the Aluminum subindustry, Shanghai Huafon Aluminium'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.


Shanghai Huafon Aluminium's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Huafon Aluminium's Scaled Net Operating Assets falls into.



Shanghai Huafon Aluminium 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.

Shanghai Huafon Aluminium'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 )
=(6758.962-775.486)/6285.002
=0.95

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7183.131 - 424.169
=6758.962

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2658.625 - 50.663 - 1832.476
=775.486

Shanghai Huafon Aluminium'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 )
=(6828.658-776.985)/7183.131
=0.84

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7397.169 - 568.511
=6828.658

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2619.635 - 50.206 - 1792.444
=776.985

* 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.


Shanghai Huafon Aluminium Scaled Net Operating Assets Related Terms

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Shanghai Huafon Aluminium (SHSE:601702) Business Description

Traded in Other Exchanges
N/A
Address
1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.

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