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Wuxi Xinje Electric Co (SHSE:603416) Scaled Net Operating Assets : 0.41 (As of Sep. 2024)


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What is Wuxi Xinje Electric 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 Xinje Electric Co's operating assets for the quarter that ended in Sep. 2024 was ¥2,114 Mil. Wuxi Xinje Electric Co's operating liabilities for the quarter that ended in Sep. 2024 was ¥882 Mil. Wuxi Xinje Electric Co's Total Assets for the quarter that ended in Jun. 2024 was ¥3,029 Mil. Therefore, Wuxi Xinje Electric Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.41.


Wuxi Xinje Electric Co Scaled Net Operating Assets Historical Data

The historical data trend for Wuxi Xinje Electric 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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Wuxi Xinje Electric Co Scaled Net Operating Assets Chart

Wuxi Xinje Electric 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 0.46 0.50 0.39 0.38 0.37

Wuxi Xinje Electric Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.33 0.38 0.39 0.41

Competitive Comparison of Wuxi Xinje Electric Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Wuxi Xinje Electric 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 Xinje Electric Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuxi Xinje Electric Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wuxi Xinje Electric Co's Scaled Net Operating Assets falls into.



Wuxi Xinje Electric 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 Xinje Electric 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 )
=(1721.707-721.482)/2693.762
=0.37

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2880.365 - 1158.658
=1721.707

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=743.107 - 0.824 - 20.801
=721.482

Wuxi Xinje Electric Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(2114.233-882.344)/3028.98
=0.41

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3161.211 - 1046.978
=2114.233

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=916.616 - 1.272 - 33
=882.344

* 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.


Wuxi Xinje Electric Co Scaled Net Operating Assets Related Terms

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Wuxi Xinje Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Liutang Road, North District, Hujing Industrial Park, Binhu District, Jiangsu Province, Wuxi, CHN, 214072
Wuxi Xinje Electric Co Ltd manufactures electronic components. Its products include OP operate panel, Integrated PLC, Servo Drive, Stepper Drive and Inverter.
Executives
Zou Jun Yu Director
Gao Ping Director
Ji Feng senior management
Xu Yong Guang Supervisors

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