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Nanjing Hanrui Cobalt Co (SZSE:300618) Scaled Net Operating Assets : 0.66 (As of Mar. 2024)


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What is Nanjing Hanrui Cobalt 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.

Nanjing Hanrui Cobalt Co's operating assets for the quarter that ended in Mar. 2024 was ¥6,386 Mil. Nanjing Hanrui Cobalt Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥1,243 Mil. Nanjing Hanrui Cobalt Co's Total Assets for the quarter that ended in Dec. 2023 was ¥7,773 Mil. Therefore, Nanjing Hanrui Cobalt Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.66.


Nanjing Hanrui Cobalt Co Scaled Net Operating Assets Historical Data

The historical data trend for Nanjing Hanrui Cobalt 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.

Nanjing Hanrui Cobalt Co Scaled Net Operating Assets Chart

Nanjing Hanrui Cobalt 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 0.75 0.84 0.81 0.58 0.63

Nanjing Hanrui Cobalt 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 0.57 0.57 0.59 0.62 0.66

Competitive Comparison of Nanjing Hanrui Cobalt Co's Scaled Net Operating Assets

For the Copper subindustry, Nanjing Hanrui Cobalt 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.


Nanjing Hanrui Cobalt Co's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nanjing Hanrui Cobalt Co's Scaled Net Operating Assets falls into.



Nanjing Hanrui Cobalt 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.

Nanjing Hanrui Cobalt 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 )
=(6033.988-1344.407)/7432.48
=0.63

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7773.139 - 1739.151
=6033.988

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2484.27 - 0 - 1139.863
=1344.407

Nanjing Hanrui Cobalt 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 )
=(6386.485-1242.673)/7773.139
=0.66

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8185.934 - 1799.449
=6386.485

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2869.287 - 327.21 - 1299.404
=1242.673

* 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.


Nanjing Hanrui Cobalt Co Scaled Net Operating Assets Related Terms

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Nanjing Hanrui Cobalt Co (SZSE:300618) Business Description

Traded in Other Exchanges
N/A
Address
No. 115, Jinghuai Street, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211100
Nanjing Hanrui Cobalt Co Ltd is a China-based company engaged in the extraction of cobalt and copper ore. The business activities of the group include development and deep processing of cobalt and copper mineral resources and forming an integrated industrial chain from mineral resources development and smelting the same to produce cobalt intermediate products and cobalt powder which guarantee the stable supply of resources. Geographically the group holds a marketing network in multiple countries and regions including South Korea, Japan, Germany, Switzerland, Israel, India, and the USA.

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