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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Scaled Net Operating Assets : 0.43 (As of Mar. 2024)


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What is Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co's operating assets for the quarter that ended in Mar. 2024 was ¥1,710 Mil. Shanghai Automobile Air-Conditioner Accessories Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥500 Mil. Shanghai Automobile Air-Conditioner Accessories Co's Total Assets for the quarter that ended in Dec. 2023 was ¥2,830 Mil. Therefore, Shanghai Automobile Air-Conditioner Accessories Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.43.


Shanghai Automobile Air-Conditioner Accessories Co Scaled Net Operating Assets Historical Data

The historical data trend for Shanghai Automobile Air-Conditioner Accessories 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.

Shanghai Automobile Air-Conditioner Accessories Co Scaled Net Operating Assets Chart

Shanghai Automobile Air-Conditioner Accessories Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.50 0.61 0.60 0.65 0.70

Shanghai Automobile Air-Conditioner Accessories Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Dec21 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 - - 0.67 0.63 0.43

Competitive Comparison of Shanghai Automobile Air-Conditioner Accessories Co's Scaled Net Operating Assets

For the Auto Parts subindustry, Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Automobile Air-Conditioner Accessories Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Automobile Air-Conditioner Accessories Co's Scaled Net Operating Assets falls into.



Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories 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 )
=(1711.759-603.84)/1593.055
=0.70

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2829.765 - 1118.006
=1711.759

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=826 - 161.567 - 60.593
=603.84

Shanghai Automobile Air-Conditioner Accessories 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 )
=(1710.028-499.629)/2829.765
=0.43

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2767.46 - 1057.432
=1710.028

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=720.34 - 161.678 - 59.033
=499.629

* 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 Automobile Air-Conditioner Accessories Co (SHSE:603107) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1188, Lianxi Road, Pudong New Area, Shanghai, CHN, 201204
Website
Shanghai Automobile Air-Conditioner Accessories Co Ltd is engaged in research & development, production and sales of automobile parts such as air conditioning pipes and fuel distribution pipes.

Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Headlines

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