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Tianshan Aluminum Group Co (SZSE:002532) Scaled Net Operating Assets : 0.67 (As of Mar. 2024)


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What is Tianshan Aluminum 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.

Tianshan Aluminum Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥48,924 Mil. Tianshan Aluminum Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥10,869 Mil. Tianshan Aluminum Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥57,097 Mil. Therefore, Tianshan Aluminum Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.67.


Tianshan Aluminum Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Tianshan Aluminum 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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Tianshan Aluminum Group Co Scaled Net Operating Assets Chart

Tianshan Aluminum 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 10.12 0.52 0.53 0.54 0.65

Tianshan Aluminum 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 0.56 0.61 0.63 0.65 0.67

Competitive Comparison of Tianshan Aluminum Group Co's Scaled Net Operating Assets

For the Aluminum subindustry, Tianshan Aluminum 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.


Tianshan Aluminum Group Co's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tianshan Aluminum Group Co's Scaled Net Operating Assets distribution charts can be found below:

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



Tianshan Aluminum 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.

Tianshan Aluminum 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 )
=(49285.465-12273.071)/57309.845
=0.65

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57097.017 - 7811.552
=49285.465

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32988.026 - 7020.805 - 13694.15
=12273.071

Tianshan Aluminum 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 )
=(48924.185-10868.741)/57097.017
=0.67

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56872.86 - 7948.675
=48924.185

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32065.742 - 6587.966 - 14609.035
=10868.741

* 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.


Tianshan Aluminum Group Co Scaled Net Operating Assets Related Terms

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Tianshan Aluminum Group Co (SZSE:002532) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Weiwu Road, North Industrial Park, Shihezi Development Zone, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 832014
Tianshan Aluminum Group Co Ltd is engaged in the production and sales of primary aluminum, alumina, high-purity aluminum, pre-baked anodes, and aluminum deep-processed products and materials.
Executives
Zhang Jun Jie Directors, executives
Gui Jian Hui Executives
Zhang Jian Zhong Executives
Wang Chang Dong Executives
Yan Xian Fa Executives, directors, directors
Xu Hong Feng Director
Zhang Hong Supervisors
Guo Shu Ming Executives
Ou Yang Ya Zhi Executives
Liu Jin Xiao Supervisors
Xu Min Tian Directors, executives
Pan Bing Lin Supervisors
Ye Xing Hong Director
Wang Jian Zhong Director

Tianshan Aluminum Group Co (SZSE:002532) Headlines

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