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Zhongmin Energy Co (SHSE:600163) Scaled Net Operating Assets : 0.66 (As of Mar. 2024)


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What is Zhongmin Energy 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.

Zhongmin Energy Co's operating assets for the quarter that ended in Mar. 2024 was ¥10,171 Mil. Zhongmin Energy Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥2,508 Mil. Zhongmin Energy Co's Total Assets for the quarter that ended in Dec. 2023 was ¥11,524 Mil. Therefore, Zhongmin Energy Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.66.


Zhongmin Energy Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhongmin Energy 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.

Zhongmin Energy Co Scaled Net Operating Assets Chart

Zhongmin Energy 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 1.37 0.73 0.71 0.66 0.64

Zhongmin Energy 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 0.65 0.63 0.65 0.67 0.67

Competitive Comparison of Zhongmin Energy Co's Scaled Net Operating Assets

For the Utilities - Renewable subindustry, Zhongmin Energy 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.


Zhongmin Energy Co's Scaled Net Operating Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhongmin Energy Co's Scaled Net Operating Assets distribution charts can be found below:

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



Zhongmin Energy 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.

Zhongmin Energy 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 )
=(10110.318-2623.09)/11655.067
=0.64

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11524.049 - 1413.731
=10110.318

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5094.371 - 1763.872 - 707.409
=2623.09

Zhongmin Energy 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 )
=(10170.816-2507.723)/11524.049
=0.66

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11630.049 - 1459.233
=10170.816

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4970.979 - 1763.833 - 699.423
=2507.723

* 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.


Zhongmin Energy Co Scaled Net Operating Assets Related Terms

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Zhongmin Energy Co (SHSE:600163) Business Description

Traded in Other Exchanges
N/A
Address
No. 210, Wusi Road, 22nd Floor, International Building, Fujian Province, Fuzhou, CHN, 3500003
Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.
Executives
Tang Hui Director
Chen You Si Supervisors
Wen Tian Gen Supervisors
Huang Guo Ying Director
Wang Tian Shou Supervisors
Lin Xiao Bang Director
Tang Fu Min Director
Chen Shou Qin Director

Zhongmin Energy Co (SHSE:600163) Headlines

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