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Zhejiang Hailiang Co (SZSE:002203) Scaled Net Operating Assets : 0.77 (As of Mar. 2024)


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What is Zhejiang Hailiang 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.

Zhejiang Hailiang Co's operating assets for the quarter that ended in Mar. 2024 was ¥37,113 Mil. Zhejiang Hailiang Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥5,900 Mil. Zhejiang Hailiang Co's Total Assets for the quarter that ended in Dec. 2023 was ¥40,405 Mil. Therefore, Zhejiang Hailiang Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.77.


Zhejiang Hailiang Co Scaled Net Operating Assets Historical Data

The historical data trend for Zhejiang Hailiang 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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Zhejiang Hailiang Co Scaled Net Operating Assets Chart

Zhejiang Hailiang 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 0.67 0.57 0.70 0.69 0.82

Zhejiang Hailiang 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 0.82 0.74 0.71 0.69 0.77

Competitive Comparison of Zhejiang Hailiang Co's Scaled Net Operating Assets

For the Copper subindustry, Zhejiang Hailiang 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.


Zhejiang Hailiang Co's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhejiang Hailiang Co's Scaled Net Operating Assets distribution charts can be found below:

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



Zhejiang Hailiang 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.

Zhejiang Hailiang 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 )
=(32652.256-5182.265)/33485.8
=0.82

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40405.1 - 7752.844
=32652.256

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23566.388 - 8248.018 - 10136.105
=5182.265

Zhejiang Hailiang 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 )
=(37112.675-5900.331)/40405.1
=0.77

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43905.311 - 6792.636
=37112.675

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26877.981 - 7794.787 - 13182.863
=5900.331

* 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.


Zhejiang Hailiang Co Scaled Net Operating Assets Related Terms

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Zhejiang Hailiang Co (SZSE:002203) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Diankou Town Industrial Zone, Zhejiang Province, Zhuji, CHN, 311835
Zhejiang Hailiang Co Ltd is engaged in the R&D, production, marketing and servicing of copper and copper products. The company is also engaged in manufacturing copper tubes, copper alloy tube and copper rods; and exports copper tubing products.

Zhejiang Hailiang Co (SZSE:002203) Headlines

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