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Xinjiang Daqo New Energy Co (SHSE:688303) Scaled Net Operating Assets : 0.53 (As of Mar. 2024)


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What is Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co's operating assets for the quarter that ended in Mar. 2024 was ¥32,902 Mil. Xinjiang Daqo New Energy Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥6,081 Mil. Xinjiang Daqo New Energy Co's Total Assets for the quarter that ended in Dec. 2023 was ¥50,695 Mil. Therefore, Xinjiang Daqo New Energy Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.53.


Xinjiang Daqo New Energy Co Scaled Net Operating Assets Historical Data

The historical data trend for Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co Scaled Net Operating Assets Chart

Xinjiang Daqo New Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.89 0.65 1.15 0.98 0.46

Xinjiang Daqo New Energy Co Quarterly Data
Dec17 Dec18 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 0.40 0.43 0.47 0.48 0.53

Competitive Comparison of Xinjiang Daqo New Energy Co's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Xinjiang Daqo New Energy 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.


Xinjiang Daqo New Energy Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xinjiang Daqo New Energy Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Xinjiang Daqo New Energy Co's Scaled Net Operating Assets falls into.



Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy 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 )
=(31066.063-6815.809)/52264.886
=0.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50695.055 - 19628.992
=31066.063

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6815.809 - 0 - 0
=6815.809

Xinjiang Daqo New Energy 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 )
=(32901.546-6080.898)/50695.055
=0.53

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50312.054 - 17410.508
=32901.546

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6080.898 - 0 - 0
=6080.898

* 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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Xinjiang Daqo New Energy Co (SHSE:688303) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Weiliu Road, New Chemical Material Industrial Park, Shihezi Economic Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 832000
Xinjiang Daqo New Energy Co Ltd research and development, manufacturing, and sales of high-purity polysilicon.

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