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China Grand Automotive Services Group Co (SHSE:600297) Scaled Net Operating Assets : 0.70 (As of Mar. 2024)


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What is China Grand Automotive 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.

China Grand Automotive Services Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥103,394 Mil. China Grand Automotive Services Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥20,617 Mil. China Grand Automotive Services Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥117,684 Mil. Therefore, China Grand Automotive Services Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.70.


China Grand Automotive Services Group Co Scaled Net Operating Assets Historical Data

The historical data trend for China Grand Automotive 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.

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China Grand Automotive Services Group Co Scaled Net Operating Assets Chart

China Grand Automotive 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 0.52 0.57 0.54 0.59 0.66

China Grand Automotive 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 0.69 0.71 0.71 0.69 0.70

Competitive Comparison of China Grand Automotive Services Group Co's Scaled Net Operating Assets

For the Auto & Truck Dealerships subindustry, China Grand Automotive 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.


China Grand Automotive Services Group Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Grand Automotive Services Group Co's Scaled Net Operating Assets distribution charts can be found below:

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



China Grand Automotive 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.

China Grand Automotive 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 )
=(106441.833-22910.396)/126290.019
=0.66

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=117684.389 - 11242.556
=106441.833

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=75282.983 - 10773.019 - 41599.568
=22910.396

China Grand Automotive 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 )
=(103394.479-20617.478)/117684.389
=0.70

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=111737.427 - 8342.948
=103394.479

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=69254.216 - 12389.675 - 36247.063
=20617.478

* 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.


China Grand Automotive Services Group Co Scaled Net Operating Assets Related Terms

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China Grand Automotive Services Group Co (SHSE:600297) Business Description

Traded in Other Exchanges
N/A
Address
3998 Hongjing Road, Baoxin Building, Hongqiao Town, Minhang District, Shanghai, CHN, 201103
China Grand Automotive Services Group Co Ltd is a vehicle dealership and automotive services company. It owns and operates vehicle dealership groups in China. It retails new and used as well as spare parts; rents cars; and provides after-sales service. The company is based in Shanghai, China.

China Grand Automotive Services Group Co (SHSE:600297) Headlines

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