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Fulongma Group Co (SHSE:603686) Scaled Net Operating Assets : 0.59 (As of Mar. 2024)


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What is Fulongma 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.

Fulongma Group Co's operating assets for the quarter that ended in Mar. 2024 was ¥5,655 Mil. Fulongma Group Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥2,023 Mil. Fulongma Group Co's Total Assets for the quarter that ended in Dec. 2023 was ¥6,121 Mil. Therefore, Fulongma Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.59.


Fulongma Group Co Scaled Net Operating Assets Historical Data

The historical data trend for Fulongma 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.

* Premium members only.

Fulongma Group Co Scaled Net Operating Assets Chart

Fulongma 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 0.51 0.43 0.50 0.59 0.52

Fulongma 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 0.59 0.56 0.56 0.49 0.59

Competitive Comparison of Fulongma Group Co's Scaled Net Operating Assets

For the Pollution & Treatment Controls subindustry, Fulongma 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.


Fulongma Group Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fulongma Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fulongma Group Co's Scaled Net Operating Assets falls into.



Fulongma 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.

Fulongma 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 )
=(5189.372-2172.262)/5842.515
=0.52

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6120.854 - 931.482
=5189.372

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2439.146 - 184.183 - 82.701
=2172.262

Fulongma 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 )
=(5655.229-2022.729)/6120.854
=0.59

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6308.836 - 653.607
=5655.229

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2547.368 - 188.632 - 336.007
=2022.729

* 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.


Fulongma Group Co Scaled Net Operating Assets Related Terms

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Fulongma Group Co (SHSE:603686) Business Description

Traded in Other Exchanges
N/A
Address
No. 42, Longteng South Road, Donghua Community, Dongxiao Town, Xinluo District, Fujian Province, Longyan, CHN, 364028
Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.
Executives
Shen Jia Qing Supervisors
Zhang Gui Feng Director
Yang Yu Zhong Directors, senior managers
Li Xiao Bing Director
Li Kai Sen Supervisors
Lin Hong Zhen senior management
Bai Yun Long senior management
Zhang Gui Chao Directors, senior managers
Ceng En Hua senior management
Chen Jing Jie Director
Rong Min Long senior management
Liao Jian He senior management
Chen Yong Qi senior management
Lin Zhen Supervisors

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