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Jiangsufety Group Co (SHSE:603028) Scaled Net Operating Assets : 0.63 (As of Mar. 2024)


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What is Jiangsufety 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.

Jiangsufety Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥2,243 Mil. Jiangsufety Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥764 Mil. Jiangsufety Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥2,352 Mil. Therefore, Jiangsufety Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.63.


Jiangsufety Group Co Scaled Net Operating Assets Historical Data

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

Jiangsufety 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 0.64 0.90 0.78 0.62 0.85

Jiangsufety 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 0.76 0.68 0.56 0.44 0.63

Competitive Comparison of Jiangsufety Group Co's Scaled Net Operating Assets

For the Steel subindustry, Jiangsufety 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.


Jiangsufety Group Co's Scaled Net Operating Assets Distribution in the Steel Industry

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

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



Jiangsufety 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.

Jiangsufety 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 )
=(2008.188-981.364)/1208.819
=0.85

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2351.564 - 343.376
=2008.188

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1445.122 - 50.905 - 412.853
=981.364

Jiangsufety 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 )
=(2243.115-763.918)/2351.564
=0.63

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2436.029 - 192.914
=2243.115

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1549.112 - 347.364 - 437.83
=763.918

* 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.


Jiangsufety Group Co Scaled Net Operating Assets Related Terms

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Jiangsufety Group Co (SHSE:603028) Business Description

Traded in Other Exchanges
N/A
Address
No. 151, Furong Zhongsan Road, XiShan Economic Development Zone, Jiangsu, Wuxi, CHN, 214192
Jiangsu Safety Wire Rope Co Ltd develops and manufactures elevator ropes for customers with different requirements and needs. Its products include wire rope for elevators, lifting Wire rope, steel wire rope, synthetic fiber sling belt rigging, and accessories. Its products are used in elevators, construction machinery, Hong Kong Port terminal, coal mine, marine engineering, shipbuilding, ocean fishing, logistics, and warehousing.
Executives
Shen Sheng Quan Director
Cui Zi Feng Director
Zhao Zu Yin senior management
Deng Wei Director
Lin Zhu Ying Director
Yang Yue Min Director
Liu Hong Gang Director
Bai Shu Qing Director
Hu Wen Lin Director
Wu Hai Feng Director
Cui Zhi Qiang Director

Jiangsufety Group Co (SHSE:603028) Headlines

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