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Fujian Expressway Development Co (SHSE:600033) Scaled Net Operating Assets : 0.83 (As of Mar. 2024)


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What is Fujian Expressway Development 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.

Fujian Expressway Development Co's operating assets for the quarter that ended in Mar. 2024 was ¥15,530 Mil. Fujian Expressway Development Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,636 Mil. Fujian Expressway Development Co's Total Assets for the quarter that ended in Dec. 2023 was ¥16,754 Mil. Therefore, Fujian Expressway Development Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.83.


Fujian Expressway Development Co Scaled Net Operating Assets Historical Data

The historical data trend for Fujian Expressway Development 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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Fujian Expressway Development Co Scaled Net Operating Assets Chart

Fujian Expressway Development 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 0.83 0.86 0.90 0.86 0.84

Fujian Expressway Development 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 0.87 0.82 0.84 0.84 0.83

Competitive Comparison of Fujian Expressway Development Co's Scaled Net Operating Assets

For the Infrastructure Operations subindustry, Fujian Expressway Development 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.


Fujian Expressway Development Co's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fujian Expressway Development Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fujian Expressway Development Co's Scaled Net Operating Assets falls into.



Fujian Expressway Development 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.

Fujian Expressway Development 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 )
=(15604.647-1700.206)/16598.598
=0.84

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16753.67 - 1149.023
=15604.647

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3170.618 - 1434.795 - 35.617
=1700.206

Fujian Expressway Development 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 )
=(15529.801-1635.874)/16753.67
=0.83

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16991.929 - 1462.128
=15529.801

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3116.345 - 1437.345 - 43.126
=1635.874

* 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.


Fujian Expressway Development Co Scaled Net Operating Assets Related Terms

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Fujian Expressway Development Co (SHSE:600033) Business Description

Traded in Other Exchanges
N/A
Address
18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001
Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.

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