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Xiamen Changelight Co (SZSE:300102) Scaled Net Operating Assets : 0.66 (As of Mar. 2024)


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What is Xiamen Changelight 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.

Xiamen Changelight Co's operating assets for the quarter that ended in Mar. 2024 was ¥5,390 Mil. Xiamen Changelight Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,044 Mil. Xiamen Changelight Co's Total Assets for the quarter that ended in Dec. 2023 was ¥6,608 Mil. Therefore, Xiamen Changelight Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.66.


Xiamen Changelight Co Scaled Net Operating Assets Historical Data

The historical data trend for Xiamen Changelight 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.

Xiamen Changelight Co Scaled Net Operating Assets Chart

Xiamen Changelight 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 0.56 0.66 0.76 0.74 0.65

Xiamen Changelight 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 0.62 0.67 0.67 0.71 0.66

Competitive Comparison of Xiamen Changelight Co's Scaled Net Operating Assets

For the Semiconductors subindustry, Xiamen Changelight 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.


Xiamen Changelight Co's Scaled Net Operating Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xiamen Changelight Co's Scaled Net Operating Assets distribution charts can be found below:

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



Xiamen Changelight 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.

Xiamen Changelight 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 )
=(5515.96-980.139)/7015.253
=0.65

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6607.608 - 1091.648
=5515.96

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2441.786 - 641.824 - 819.823
=980.139

Xiamen Changelight 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 )
=(5390.483-1043.511)/6607.608
=0.66

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6703.386 - 1312.903
=5390.483

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2540.046 - 716.504 - 780.031
=1043.511

* 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.


Xiamen Changelight Co Scaled Net Operating Assets Related Terms

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Xiamen Changelight Co (SZSE:300102) Business Description

Traded in Other Exchanges
N/A
Address
19 Xiangyue Road, Xiamen Torch Xiang An, Industry Park, Xiamen, CHN
Xiamen Changelight Co Ltd is engaged in the research, development, production, and sale of semiconductor materials in China. The company mainly produces full-color ultra-bright LED epitaxial wafers and chips, high-performance gallium arsenide solar cells, LED lighting products and provides energy-saving lighting application solutions. The product distribution network covers all parts of the country and Southeast Asia.
Executives
Liu Zhao Executives
Li Min Hua Director
Jin Zhang Yu Director
Cai Hai Fang Executives
Zheng Yuan Xin Executives
Niu Xing Sheng Executives
Liu Wen Hui Directors, executives
Zhang Xian Cheng Executives
Peng Xing Hua Executives
Cai Yu Mei Supervisors
Wang Wei Yong Director
Zhang Shuang Xiang Executives
Wang Jian Hong Supervisors
Deng Dian Ming Director
Wang Xiang Wu Directors, executives

Xiamen Changelight Co (SZSE:300102) Headlines

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