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Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Scaled Net Operating Assets : 0.21 (As of Mar. 2024)


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What is Shanghai Zhongchen Electronic Technology 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 Zhongchen Electronic Technology Co's operating assets for the quarter that ended in Mar. 2024 was ¥895.4 Mil. Shanghai Zhongchen Electronic Technology Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥272.5 Mil. Shanghai Zhongchen Electronic Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ¥2,962.0 Mil. Therefore, Shanghai Zhongchen Electronic Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.21.


Shanghai Zhongchen Electronic Technology Co Scaled Net Operating Assets Historical Data

The historical data trend for Shanghai Zhongchen Electronic Technology 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 Zhongchen Electronic Technology Co Scaled Net Operating Assets Chart

Shanghai Zhongchen Electronic Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.27 0.48 0.44 0.46 0.54

Shanghai Zhongchen Electronic Technology Co Quarterly Data
Dec19 Dec20 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 0.80 0.45 0.43 0.18 0.21

Competitive Comparison of Shanghai Zhongchen Electronic Technology Co's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Shanghai Zhongchen Electronic Technology 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 Zhongchen Electronic Technology Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhongchen Electronic Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shanghai Zhongchen Electronic Technology Co's Scaled Net Operating Assets falls into.



Shanghai Zhongchen Electronic Technology 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 Zhongchen Electronic Technology 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 )
=(835.013-313.295)/963.307
=0.54

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2961.999 - 2126.986
=835.013

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=313.295 - 0 - 0
=313.295

Shanghai Zhongchen Electronic Technology 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 )
=(895.392-272.507)/2961.999
=0.21

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2969.689 - 2074.297
=895.392

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=272.507 - 0 - 0
=272.507

* 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 Zhongchen Electronic Technology Co (SHSE:603275) Business Description

Traded in Other Exchanges
N/A
Address
No. 3768 Yexin Road, Maogang Town, Songjiang, Shanghai, CHN, 201607
Shanghai Zhongchen Electronic Technology Co Ltd is a high-tech enterprise focusing on the research and development, production, sales and service of electric transmission and industrial automation products. The company's main products are variable frequency drives, servo drive systems and electric new energy vehicle drives. The company has a wide range of products, among which medium and low-voltage variable frequency drives are divided into two categories: general-purpose products and industry-specific products.

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