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Ruijie Networks Co (SZSE:301165) Scaled Net Operating Assets : 0.51 (As of Mar. 2024)


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What is Ruijie Networks 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.

Ruijie Networks Co's operating assets for the quarter that ended in Mar. 2024 was ¥6,431 Mil. Ruijie Networks Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥2,195 Mil. Ruijie Networks Co's Total Assets for the quarter that ended in Dec. 2023 was ¥8,364 Mil. Therefore, Ruijie Networks Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.51.


Ruijie Networks Co Scaled Net Operating Assets Historical Data

The historical data trend for Ruijie Networks 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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Ruijie Networks Co Scaled Net Operating Assets Chart

Ruijie Networks Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.22 0.37 0.21 0.38 0.36

Ruijie Networks Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 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 0.35 0.39 0.43 0.36 0.51

Competitive Comparison of Ruijie Networks Co's Scaled Net Operating Assets

For the Communication Equipment subindustry, Ruijie Networks 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.


Ruijie Networks Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ruijie Networks Co's Scaled Net Operating Assets distribution charts can be found below:

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



Ruijie Networks 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.

Ruijie Networks 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 )
=(6066.019-3185.393)/8078.99
=0.36

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8364.288 - 2298.269
=6066.019

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4079.521 - 141.487 - 752.641
=3185.393

Ruijie Networks 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 )
=(6430.551-2195.473)/8364.288
=0.51

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8218.044 - 1787.493
=6430.551

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3927.034 - 163.416 - 1568.145
=2195.473

* 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.


Ruijie Networks Co Scaled Net Operating Assets Related Terms

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Ruijie Networks Co (SZSE:301165) Business Description

Traded in Other Exchanges
N/A
Address
No. 618, Jinshan Avenue, Building 19, Juyuanzhou Industrial Park, Cangshan District, Fujian Province, Fuzhou, CHN, 350002
Ruijie Networks Co Ltd is engaged in the research and development, design and sales of network equipment, network security products and cloud desktop solutions.

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