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Offshore Oil Engineering Co (SHSE:600583) Scaled Net Operating Assets : 0.27 (As of Mar. 2024)


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What is Offshore Oil Engineering 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.

Offshore Oil Engineering Co's operating assets for the quarter that ended in Mar. 2024 was ¥28,099 Mil. Offshore Oil Engineering Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥16,598 Mil. Offshore Oil Engineering Co's Total Assets for the quarter that ended in Dec. 2023 was ¥43,252 Mil. Therefore, Offshore Oil Engineering Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.27.


Offshore Oil Engineering Co Scaled Net Operating Assets Historical Data

The historical data trend for Offshore Oil Engineering 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.

Offshore Oil Engineering Co Scaled Net Operating Assets Chart

Offshore Oil Engineering 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 0.70 0.54 0.48 0.45 0.33

Offshore Oil Engineering 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 0.39 0.34 0.29 0.32 0.27

Competitive Comparison of Offshore Oil Engineering Co's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Offshore Oil Engineering 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.


Offshore Oil Engineering Co's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Offshore Oil Engineering Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Offshore Oil Engineering Co's Scaled Net Operating Assets falls into.



Offshore Oil Engineering 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.

Offshore Oil Engineering 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 )
=(30205.617-16132.763)/42638.962
=0.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43251.664 - 13046.047
=30205.617

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16473.309 - 286.871 - 53.675
=16132.763

Offshore Oil Engineering 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 )
=(28099.497-16597.558)/43251.664
=0.27

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=44191.736 - 16092.239
=28099.497

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16931.349 - 279.349 - 54.442
=16597.558

* 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.


Offshore Oil Engineering Co Scaled Net Operating Assets Related Terms

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Offshore Oil Engineering Co (SHSE:600583) Business Description

Traded in Other Exchanges
N/A
Address
No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461
Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.

Offshore Oil Engineering Co (SHSE:600583) Headlines

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