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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Scaled Net Operating Assets : 0.38 (As of Mar. 2024)


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What is Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material Co's operating assets for the quarter that ended in Mar. 2024 was ¥2,078 Mil. Wuxi Double Elephant Micro Fibre Material Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,206 Mil. Wuxi Double Elephant Micro Fibre Material Co's Total Assets for the quarter that ended in Dec. 2023 was ¥2,273 Mil. Therefore, Wuxi Double Elephant Micro Fibre Material Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.38.


Wuxi Double Elephant Micro Fibre Material Co Scaled Net Operating Assets Historical Data

The historical data trend for Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material Co Scaled Net Operating Assets Chart

Wuxi Double Elephant Micro Fibre Material 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 0.53 0.34 0.47 0.32 0.36

Wuxi Double Elephant Micro Fibre Material 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 0.33 0.30 0.33 0.33 0.38

Competitive Comparison of Wuxi Double Elephant Micro Fibre Material Co's Scaled Net Operating Assets

For the Footwear & Accessories subindustry, Wuxi Double Elephant Micro Fibre Material 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.


Wuxi Double Elephant Micro Fibre Material Co's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wuxi Double Elephant Micro Fibre Material Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wuxi Double Elephant Micro Fibre Material Co's Scaled Net Operating Assets falls into.



Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material 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 )
=(1979.186-1241.727)/2037.319
=0.36

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2272.972 - 293.786
=1979.186

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1358.128 - 3.118 - 113.283
=1241.727

Wuxi Double Elephant Micro Fibre Material 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 )
=(2077.672-1206.423)/2272.972
=0.38

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2248.574 - 170.902
=2077.672

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1314.861 - 2.979 - 105.459
=1206.423

* 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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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Business Description

Traded in Other Exchanges
N/A
Address
No.188, Houzhai Middle Road, Hongshan Street, Xinwu District, Jiangsu Province, Wuxi, CHN
Wuxi Double Elephant Micro Fibre Material Co Ltd operates in the synthetic leather industry. The company is engaged in the production and supply of PVC artificial leather products. The products of the company include microfiber ultra-real leather, PVC artificial leather, and PU synthetic leather.
Executives
Wang Hao Director
Wang Chun Long Director

Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Headlines

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