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Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Scaled Net Operating Assets : 0.49 (As of Mar. 2024)


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What is Jiangsu Tongrun Equipment Technology 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.

Jiangsu Tongrun Equipment Technology Co's operating assets for the quarter that ended in Mar. 2024 was ¥3,213 Mil. Jiangsu Tongrun Equipment Technology Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,171 Mil. Jiangsu Tongrun Equipment Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ¥4,166 Mil. Therefore, Jiangsu Tongrun Equipment Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.49.


Jiangsu Tongrun Equipment Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Jiangsu Tongrun Equipment Technology 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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Jiangsu Tongrun Equipment Technology Co Scaled Net Operating Assets Chart

Jiangsu Tongrun Equipment Technology 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 0.35 0.36 0.51 0.43 0.87

Jiangsu Tongrun Equipment Technology 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 0.43 0.58 0.31 0.48 0.49

Competitive Comparison of Jiangsu Tongrun Equipment Technology Co's Scaled Net Operating Assets

For the Tools & Accessories subindustry, Jiangsu Tongrun Equipment Technology 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.


Jiangsu Tongrun Equipment Technology Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Tongrun Equipment Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Jiangsu Tongrun Equipment Technology Co's Scaled Net Operating Assets falls into.



Jiangsu Tongrun Equipment Technology 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.

Jiangsu Tongrun Equipment Technology 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 )
=(3217.432-1352.305)/2146.938
=0.87

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4166.094 - 948.662
=3217.432

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2301.929 - 612.453 - 337.171
=1352.305

Jiangsu Tongrun Equipment Technology 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 )
=(3212.983-1171.102)/4166.094
=0.49

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4105.221 - 892.238
=3212.983

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2224.239 - 652.548 - 400.589
=1171.102

* 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.


Jiangsu Tongrun Equipment Technology Co Scaled Net Operating Assets Related Terms

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Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Business Description

Traded in Other Exchanges
N/A
Address
Tonggang Road, Zhouxing Tonggang Industrial Development Zone, Jiangsu, Changshu, CHN, 215517
Jiangsu Tongrun Equipment Technology Co Ltd is engaged in business of sheet metal products and electrical products. The products of the company include metal toolbox cabinets, steel office furniture, precision sheet metal parts, complete set of electrical control cabinets, and high voltage circuit breakers. The company generates majority of revenue from metal tool manufacturing.
Executives
Cai Lan Directors, executives
Wang Yue Hong Directors, executives
Liu Zhen Jiang Directors, executives
Wang Xiang Yuan Supervisors
Liu Xiao Yu Securities Affairs Representative
Gao Jin Xiang Director
Gu Xiong Bin Director
Shen Hong Director

Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Headlines

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