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Yantai Jereh Oilfield Services Group Co (SZSE:002353) Scaled Net Operating Assets : 0.56 (As of Mar. 2024)


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What is Yantai Jereh Oilfield Services 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.

Yantai Jereh Oilfield Services Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥25,371 Mil. Yantai Jereh Oilfield Services Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥7,692 Mil. Yantai Jereh Oilfield Services Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥31,777 Mil. Therefore, Yantai Jereh Oilfield Services Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.56.


Yantai Jereh Oilfield Services Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Yantai Jereh Oilfield Services 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.

* Premium members only.

Yantai Jereh Oilfield Services Group Co Scaled Net Operating Assets Chart

Yantai Jereh Oilfield Services 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 0.71 0.60 0.59 0.74 0.59

Yantai Jereh Oilfield Services 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 0.51 0.57 0.58 0.56 0.56

Competitive Comparison of Yantai Jereh Oilfield Services Group Co's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Yantai Jereh Oilfield Services 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.


Yantai Jereh Oilfield Services Group Co's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yantai Jereh Oilfield Services Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Yantai Jereh Oilfield Services Group Co's Scaled Net Operating Assets falls into.



Yantai Jereh Oilfield Services 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.

Yantai Jereh Oilfield Services 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 )
=(25226.765-8016.225)/29225.829
=0.59

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31776.572 - 6549.807
=25226.765

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11628.726 - 1035.189 - 2577.312
=8016.225

Yantai Jereh Oilfield Services 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 )
=(25370.645-7691.893)/31776.572
=0.56

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32555.516 - 7184.871
=25370.645

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12138.448 - 1548.897 - 2897.658
=7691.893

* 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.


Yantai Jereh Oilfield Services Group Co Scaled Net Operating Assets Related Terms

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Yantai Jereh Oilfield Services Group Co (SZSE:002353) Business Description

Traded in Other Exchanges
N/A
Address
No 7,Aucma Street, Laishan District, Shandong Province, Yantai, CHN, 264003
Yantai Jereh Oilfield Services Group Co Ltd is a China-based company engaged in the manufacturing of oilfield equipment and the provision of oilfield services. It is engaged in drilling equipment and oil & gas field engineering equipment manufacturing, equipment maintenance and accessories sales, oil field engineering technology services, as well as oil & gas field construction services. The company conducts its businesses within domestic and overseas markets.
Executives
Lu Wei Executives
Li Zhi Yong Executives
Li Hui Tao Director
Liu Zhen Feng Director
Sun Wei Jie Director
Wang Kun Xiao Director
Dong Ting Ting Supervisors
Wang Ji Li Director
Liu Dong Director
Li Xue Feng Executives
Liu Yu Qiao Supervisors
Cheng Yong Feng Secretary Dong
Hu Wen Guo Supervisors
Yu Xi Mao Independent director
Yan Yu Li Executives

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