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Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Scaled Net Operating Assets : 0.39 (As of Mar. 2024)


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What is Qinhuangdao Tianqin Equipment Manufacturing 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.

Qinhuangdao Tianqin Equipment Manufacturing Co's operating assets for the quarter that ended in Mar. 2024 was ¥443.3 Mil. Qinhuangdao Tianqin Equipment Manufacturing Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥62.2 Mil. Qinhuangdao Tianqin Equipment Manufacturing Co's Total Assets for the quarter that ended in Dec. 2023 was ¥965.3 Mil. Therefore, Qinhuangdao Tianqin Equipment Manufacturing Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.39.


Qinhuangdao Tianqin Equipment Manufacturing Co Scaled Net Operating Assets Historical Data

The historical data trend for Qinhuangdao Tianqin Equipment Manufacturing 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.

Qinhuangdao Tianqin Equipment Manufacturing Co Scaled Net Operating Assets Chart

Qinhuangdao Tianqin Equipment Manufacturing Co Annual Data
Trend Dec13 Dec14 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 0.59 0.33 0.34 0.41

Qinhuangdao Tianqin Equipment Manufacturing 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 0.36 0.38 0.41 0.39 0.40

Competitive Comparison of Qinhuangdao Tianqin Equipment Manufacturing Co's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Qinhuangdao Tianqin Equipment Manufacturing 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.


Qinhuangdao Tianqin Equipment Manufacturing Co's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Qinhuangdao Tianqin Equipment Manufacturing Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Qinhuangdao Tianqin Equipment Manufacturing Co's Scaled Net Operating Assets falls into.



Qinhuangdao Tianqin Equipment Manufacturing 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.

Qinhuangdao Tianqin Equipment Manufacturing 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 )
=(458.224-83.198)/927.119
=0.40

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=965.296 - 507.072
=458.224

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83.198 - 0 - 0
=83.198

Qinhuangdao Tianqin Equipment Manufacturing 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 )
=(443.258-62.193)/965.296
=0.39

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=939.295 - 496.037
=443.258

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=62.193 - 0 - 0
=62.193

* 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.


Qinhuangdao Tianqin Equipment Manufacturing Co Scaled Net Operating Assets Related Terms

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Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Xueshan Road, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066004
Qinhuangdao Tianqin Equipment Manufacturing Co Ltd is engaged in the research and development, production and sales of special protective devices and equipment parts centered on the new processing and application technology of polymer composite materials.
Executives
Liu Jin Shu Executives
Zhang Peng Director
Wang Zhao Jun Director
Bi Yi Jun Supervisors
Wang Su Rong Directors, Directors, and Executives
Tong Qiu Ju Executives
Ji Fu Yan Executives
Liu Xing Min Executives
Pan Jian Hui Director
Li Li Yong Supervisors

Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Headlines

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