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Shanghai Milkground Food Tech Co (SHSE:600882) Scaled Net Operating Assets : 0.51 (As of Mar. 2024)


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What is Shanghai Milkground Food Tech 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.

Shanghai Milkground Food Tech Co's operating assets for the quarter that ended in Mar. 2024 was ¥4,231 Mil. Shanghai Milkground Food Tech Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥770 Mil. Shanghai Milkground Food Tech Co's Total Assets for the quarter that ended in Dec. 2023 was ¥6,833 Mil. Therefore, Shanghai Milkground Food Tech Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.51.


Shanghai Milkground Food Tech Co Scaled Net Operating Assets Historical Data

The historical data trend for Shanghai Milkground Food Tech 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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Shanghai Milkground Food Tech Co Scaled Net Operating Assets Chart

Shanghai Milkground Food Tech 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 0.58 0.85 0.78 0.51 0.46

Shanghai Milkground Food Tech 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 0.49 0.50 0.50 0.49 0.51

Competitive Comparison of Shanghai Milkground Food Tech Co's Scaled Net Operating Assets

For the Packaged Foods subindustry, Shanghai Milkground Food Tech 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.


Shanghai Milkground Food Tech Co's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Milkground Food Tech Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Milkground Food Tech Co's Scaled Net Operating Assets falls into.



Shanghai Milkground Food Tech 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.

Shanghai Milkground Food Tech 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 )
=(4236.851-787.95)/7442.886
=0.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6832.507 - 2595.656
=4236.851

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2529.964 - 697.476 - 1044.538
=787.95

Shanghai Milkground Food Tech 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 )
=(4230.587-769.612)/6832.507
=0.51

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6790.24 - 2559.653
=4230.587

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2446.399 - 736.636 - 940.151
=769.612

* 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.


Shanghai Milkground Food Tech Co Scaled Net Operating Assets Related Terms

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Shanghai Milkground Food Tech Co (SHSE:600882) Business Description

Traded in Other Exchanges
N/A
Address
No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136
Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.
Executives
Xie Yi senior management
Ren Song Directors, senior managers
Guo Yong Lai senior management
Liu Da Yong senior management
Wang Yu Hong Supervisors
Liu Zong Shang Director
Hu Yan Chao senior management
Chai Xiu Director
Chen Yun Director
Bai Li Jun Director
Xu Wei Director

Shanghai Milkground Food Tech Co (SHSE:600882) Headlines

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