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Hongli Zhihui Group Co (SZSE:300219) Scaled Net Operating Assets : 0.53 (As of Mar. 2024)


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What is Hongli Zhihui Group 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.

Hongli Zhihui Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥4,499 Mil. Hongli Zhihui Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,654 Mil. Hongli Zhihui Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥5,356 Mil. Therefore, Hongli Zhihui Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.53.


Hongli Zhihui Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Hongli Zhihui Group 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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Hongli Zhihui Group Co Scaled Net Operating Assets Chart

Hongli Zhihui Group 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 0.37 0.58 0.62 0.63 0.56

Hongli Zhihui Group 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 0.62 0.62 0.54 0.51 0.53

Competitive Comparison of Hongli Zhihui Group Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Hongli Zhihui Group 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.


Hongli Zhihui Group Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hongli Zhihui Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hongli Zhihui Group Co's Scaled Net Operating Assets falls into.



Hongli Zhihui Group 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.

Hongli Zhihui Group 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 )
=(4577.653-1841.88)/4872.395
=0.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5355.658 - 778.005
=4577.653

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2776.597 - 552.458 - 382.259
=1841.88

Hongli Zhihui Group 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 )
=(4499.015-1653.523)/5355.658
=0.53

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5215.675 - 716.66
=4499.015

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2614.187 - 532.129 - 428.535
=1653.523

* 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.


Hongli Zhihui Group Co Scaled Net Operating Assets Related Terms

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Hongli Zhihui Group Co (SZSE:300219) Business Description

Traded in Other Exchanges
N/A
Address
West Dongfeng Highway, Auto City Huadu, Guangzhou City, CHN, 510800
Hongli Zhihui Group Co Ltd is engaged in the production and development of SMD LEDs, COB LEDs, High Power LEDs, Automotive LEDs, UV LEDs, LAMP LEDs, and Infrared LEDs. Its products are widely used in applied in general lighting, TV backlight, 3C, automotive lighting, display and other fields.
Executives
Li Jun Dong Directors, executives
Li Guo Ping Director
Liu Xin Guo Director
Jia He Chao Directors, executives
Dong Jin Ling Director
Deng Shou Tie Directors, executives
Yong Xin Supervisors
Sun Chang Yuan Executives
Chen Shu Fen Supervisors
Yang Yong Fa Executives
Wang Yu Hong Director
Lei Li Ning Directors, executives
Shi Chao Supervisors
Liu Yu Sheng Executives

Hongli Zhihui Group Co (SZSE:300219) Headlines

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