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Hsin Kuang Steel Co (TPE:2031) Scaled Net Operating Assets : 0.73 (As of Mar. 2024)


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What is Hsin Kuang Steel 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.

Hsin Kuang Steel Co's operating assets for the quarter that ended in Mar. 2024 was NT$24,304 Mil. Hsin Kuang Steel Co's operating liabilities for the quarter that ended in Mar. 2024 was NT$3,573 Mil. Hsin Kuang Steel Co's Total Assets for the quarter that ended in Dec. 2023 was NT$28,353 Mil. Therefore, Hsin Kuang Steel Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.73.


Hsin Kuang Steel Co Scaled Net Operating Assets Historical Data

The historical data trend for Hsin Kuang Steel 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.

Hsin Kuang Steel Co Scaled Net Operating Assets Chart

Hsin Kuang Steel 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 0.74 1.01 1.05 0.78 0.89

Hsin Kuang Steel 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 0.84 0.81 0.83 0.77 0.73

Competitive Comparison of Hsin Kuang Steel Co's Scaled Net Operating Assets

For the Steel subindustry, Hsin Kuang Steel 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.


Hsin Kuang Steel Co's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hsin Kuang Steel Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hsin Kuang Steel Co's Scaled Net Operating Assets falls into.



Hsin Kuang Steel 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.

Hsin Kuang Steel 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 )
=(24260.472-2443.094)/24439.251
=0.89

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28353.33 - 4092.858
=24260.472

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16289.977 - 5847.573 - 7999.31
=2443.094

Hsin Kuang Steel 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 )
=(24304.089-3572.724)/28353.33
=0.73

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29343.874 - 5039.785
=24304.089

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16742.602 - 5638.714 - 7531.164
=3572.724

* 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.


Hsin Kuang Steel Co Scaled Net Operating Assets Related Terms

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Hsin Kuang Steel Co (TPE:2031) Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, 97 Chongming Road, Section 4, Sanchong District, New Taipei City, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and sale of steel products, including steel coils, steel plates, stainless steel, alloy steel and special steel. Geographically, the business activities are carried out across Taiwan.

Hsin Kuang Steel Co (TPE:2031) Headlines

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