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Guangdong Zhongnan Iron & Steel Co (SZSE:000717) Scaled Net Operating Assets : 0.52 (As of Mar. 2024)


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What is Guangdong Zhongnan Iron & Steel 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.

Guangdong Zhongnan Iron & Steel Co's operating assets for the quarter that ended in Mar. 2024 was ¥19,939 Mil. Guangdong Zhongnan Iron & Steel Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥8,935 Mil. Guangdong Zhongnan Iron & Steel Co's Total Assets for the quarter that ended in Dec. 2023 was ¥21,256 Mil. Therefore, Guangdong Zhongnan Iron & Steel Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.52.


Guangdong Zhongnan Iron & Steel Co Scaled Net Operating Assets Historical Data

The historical data trend for Guangdong Zhongnan Iron & Steel 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.

Guangdong Zhongnan Iron & Steel Co Scaled Net Operating Assets Chart

Guangdong Zhongnan Iron & Steel 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 0.59 0.58 0.62 0.53 0.54

Guangdong Zhongnan Iron & Steel 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 0.51 0.46 0.50 0.51 0.52

Competitive Comparison of Guangdong Zhongnan Iron & Steel Co's Scaled Net Operating Assets

For the Steel subindustry, Guangdong Zhongnan Iron & Steel 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.


Guangdong Zhongnan Iron & Steel Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Guangdong Zhongnan Iron & Steel Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Guangdong Zhongnan Iron & Steel Co's Scaled Net Operating Assets falls into.



Guangdong Zhongnan Iron & Steel 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.

Guangdong Zhongnan Iron & Steel 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 )
=(20225.87-9405.2)/20214.964
=0.54

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21256.334 - 1030.464
=20225.87

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12143.142 - 2134.655 - 603.287
=9405.2

Guangdong Zhongnan Iron & Steel 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 )
=(19939.27-8935.231)/21256.334
=0.52

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20869.688 - 930.418
=19939.27

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12065.546 - 2333.845 - 796.47
=8935.231

* 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.


Guangdong Zhongnan Iron & Steel Co Scaled Net Operating Assets Related Terms

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Guangdong Zhongnan Iron & Steel Co (SZSE:000717) Business Description

Traded in Other Exchanges
N/A
Address
Shaogang Office Building, Qujiang District, Maba, Guangdong Province, Shaoguan, CHN, 512123
Guangdong Zhongnan Iron & Steel Co Ltd is engaged in the manufacturing, processing, and sales of steel and metallurgical products, metal products, coke, coal chemical products, technology development, transfer, introduction and consulting services.
Executives
Cai Jian Qun Supervisors
Deng Yong Supervisors
Wu Jian Ping Executives
Shou Yao Ming Executives
He Ping Chang Supervisors
He Shi Qiang Director
Lu Xue Yun Director
Wang San Wu Directors, executives
Chen Jian Ju Supervisors

Guangdong Zhongnan Iron & Steel Co (SZSE:000717) Headlines

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