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Tat Hong Equipment Service Co (HKSE:02153) Scaled Net Operating Assets : 0.75 (As of Sep. 2023)


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What is Tat Hong Equipment Service 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.

Tat Hong Equipment Service Co's operating assets for the quarter that ended in Sep. 2023 was HK$3,253.4 Mil. Tat Hong Equipment Service Co's operating liabilities for the quarter that ended in Sep. 2023 was HK$577.1 Mil. Tat Hong Equipment Service Co's Total Assets for the quarter that ended in Mar. 2023 was HK$3,591.3 Mil. Therefore, Tat Hong Equipment Service Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.75.


Tat Hong Equipment Service Co Scaled Net Operating Assets Historical Data

The historical data trend for Tat Hong Equipment Service 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.

Tat Hong Equipment Service Co Scaled Net Operating Assets Chart

Tat Hong Equipment Service Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.75 0.78 0.92 0.87 0.76

Tat Hong Equipment Service Co Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.74 0.69 0.79 0.75

Competitive Comparison of Tat Hong Equipment Service Co's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Tat Hong Equipment Service 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.


Tat Hong Equipment Service Co's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tat Hong Equipment Service Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tat Hong Equipment Service Co's Scaled Net Operating Assets falls into.



Tat Hong Equipment Service 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.

Tat Hong Equipment Service Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(3389.158-647.528)/3598.633
=0.76

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3591.302 - 202.144
=3389.158

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1862.742 - 757.41 - 457.804
=647.528

Tat Hong Equipment Service Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(3253.448-577.06)/3591.302
=0.75

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3437.862 - 184.414
=3253.448

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1832.43 - 760.396 - 494.974
=577.06

* 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.


Tat Hong Equipment Service Co Scaled Net Operating Assets Related Terms

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Tat Hong Equipment Service Co (HKSE:02153) Business Description

Traded in Other Exchanges
N/A
Address
No. 2377, Shenkun Road, Room 601, Building 8, PortMix, Minhang District, Shanghai, CHN, 201106
Tat Hong Equipment Service Co Ltd is engaged in the business of providing tower crane services. The company provides one-stop tower crane solution services from consultation, technical design, commissioning, and construction to after-sales services. Its segments include namely infrastructure, clean energy, traditional energy, public and plant construction, commercial and residential sectors.
Executives
Chwee Cheng & Sons Pte Ltd 2201 Interest of corporation controlled by you
Ng San Tiong 2301 Trustee
Ng San Wee 2301 Trustee
Ng Sun Ho 2301 Trustee
Tat Hong Equipment (china) Pte. Ltd. 2101 Beneficial owner
Tat Hong Holdings Ltd 2201 Interest of corporation controlled by you
Tat Hong International Pte Ltd 2201 Interest of corporation controlled by you
Th60 Investments Pte. Ltd. 2201 Interest of corporation controlled by you
Thsc Investments Pte. Ltd. 2201 Interest of corporation controlled by you
Ng Sun Giam 2301 Trustee
Ng Sun Giam Roger 2301 Trustee
Zoomlion H.k. Holding Co., Limited 2201 Interest of corporation controlled by you
Zoomlion Heavy Industry Science And Technology Co.,limited 2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited 2101 Beneficial owner
Lim Hua Min 2201 Interest of corporation controlled by you

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