China Meheco Group Co (SHSE:600056) Scaled Net Operating Assets : 0.46 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is China Meheco 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.

China Meheco Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥34,794 Mil. China Meheco Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥17,556 Mil. China Meheco Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥37,410 Mil. Therefore, China Meheco Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.46.

China Meheco Group Co Scaled Net Operating Assets Historical Data

The historical data trend for China Meheco 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.

China Meheco Group Co Scaled Net Operating Assets Chart

China Meheco 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

0.48

0.45

0.43

0.46

0.44

China Meheco 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															0.45	0.41	0.41	0.41	0.46

Competitive Comparison of China Meheco Group Co's Scaled Net Operating Assets

For the Medical Distribution subindustry, China Meheco 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.

China Meheco Group Co's Scaled Net Operating Assets Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China Meheco Group Co's Scaled Net Operating Assets distribution charts can be found below:

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

China Meheco 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.

China Meheco 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 )
=	(33542.646	-	17901.864)	/	35899.362
=	0.44

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	37409.912	-	3867.266
=	33542.646

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23522.287	-	2768.404	-	2852.019
=	17901.864

China Meheco 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 )
=	(34794.19	-	17556.212)	/	37409.912
=	0.46

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	37425.077	-	2630.887
=	34794.19

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23333.21	-	2207.868	-	3569.13
=	17556.212

China Meheco Group Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of China Meheco Group Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

China Meheco Group Co (SHSE:600056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » China Meheco Group Co Ltd (SHSE:600056) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Guangming Zhongjie, Dongcheng District, Beijing, CHN, 100061

Website

http://www.meheco.com

China Meheco Group Co Ltd is engaged in the distribution and trading of botanical medicines, medical instruments, and pharmaceuticals. It offers botanic medicines and herbal products, as well as exports of natural medicines, including herbs, spices, plant extracts, bee products, Chinese traditional medicines. The company's business scope covers the whole industry chain, from research and development, cultivation and processing, manufacturing, distribution, logistics to international trading, academic promotion and technical service. The corporation provides trading services for customers in the pharmaceutical and chemical field, covering APIs, preparations, biologicals, blood products and others.

China Meheco Group Co (SHSE:600056) Headlines

No Headlines