Tonghua Golden-horse Pharmaceutical Industry Co (SZSE:000766) Scaled Net Operating Assets : 0.86 (As of Mar. 2024)

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What is Tonghua Golden-horse Pharmaceutical Industry 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.

Tonghua Golden-horse Pharmaceutical Industry Co's operating assets for the quarter that ended in Mar. 2024 was ¥4,359 Mil. Tonghua Golden-horse Pharmaceutical Industry Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥475 Mil. Tonghua Golden-horse Pharmaceutical Industry Co's Total Assets for the quarter that ended in Dec. 2023 was ¥4,519 Mil. Therefore, Tonghua Golden-horse Pharmaceutical Industry Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.86.

Tonghua Golden-horse Pharmaceutical Industry Co Scaled Net Operating Assets Historical Data

The historical data trend for Tonghua Golden-horse Pharmaceutical Industry 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.

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Tonghua Golden-horse Pharmaceutical Industry Co Scaled Net Operating Assets Chart

Tonghua Golden-horse Pharmaceutical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.63

0.83

0.78

0.83

0.82

Tonghua Golden-horse Pharmaceutical Industry 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															0.82	0.85	0.85	0.86	0.86

Competitive Comparison of Tonghua Golden-horse Pharmaceutical Industry Co's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Tonghua Golden-horse Pharmaceutical Industry 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.

Tonghua Golden-horse Pharmaceutical Industry Co's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tonghua Golden-horse Pharmaceutical Industry Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tonghua Golden-horse Pharmaceutical Industry Co's Scaled Net Operating Assets falls into.

Tonghua Golden-horse Pharmaceutical Industry 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.

Tonghua Golden-horse Pharmaceutical Industry 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 )
=	(4340.749	-	498.58)	/	4685.115
=	0.82

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4519.244	-	178.495
=	4340.749

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2201.117	-	1559.511	-	143.026
=	498.58

Tonghua Golden-horse Pharmaceutical Industry 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 )
=	(4359.395	-	474.895)	/	4519.244
=	0.86

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4605.021	-	245.626
=	4359.395

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2277.728	-	1569.007	-	233.826
=	474.895

Tonghua Golden-horse Pharmaceutical Industry Co Scaled Net Operating Assets Related Terms

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Tonghua Golden-horse Pharmaceutical Industry Co (SZSE:000766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tonghua Golden-horse Pharmaceutical Industry Co Ltd (SZSE:000766) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

No. 999, Jinma Road, Erdaojiang District, Tonghua, Jilin, CHN, 134001

Website

http://www.thjm.cn

Tonghua Golden-horse Pharmaceutical Industry Co Ltd is a pharmaceutical company engaged in the manufacturing and sale of pharmaceutical products. It is a comprehensive pharmaceutical company integrating the production, sales, and research and development of pharmaceuticals. Tonghua's products mainly focus on rheumatism, bone diseases, digestion, tumors, and gynecology and distributing it mainly in the eastern part of China.

Executives

Wei Ying Jie	Director
Zan Bao Shi	Director
Wu Cheng Yu	Directors, executives
Zhang De Ju	Supervisors
Li Ju	Supervisors
Feng Ran	Director

Tonghua Golden-horse Pharmaceutical Industry Co (SZSE:000766) Headlines

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