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Chongqing Polycomp International (SZSE:301526) Scaled Net Operating Assets : 0.73 (As of Mar. 2024)


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What is Chongqing Polycomp International 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.

Chongqing Polycomp International's operating assets for the quarter that ended in Mar. 2024 was ¥18,814 Mil. Chongqing Polycomp International's operating liabilities for the quarter that ended in Mar. 2024 was ¥2,057 Mil. Chongqing Polycomp International's Total Assets for the quarter that ended in Dec. 2023 was ¥23,030 Mil. Therefore, Chongqing Polycomp International's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.73.


Chongqing Polycomp International Scaled Net Operating Assets Historical Data

The historical data trend for Chongqing Polycomp International'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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Chongqing Polycomp International Scaled Net Operating Assets Chart

Chongqing Polycomp International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.74 0.69 0.77 0.82 0.83

Chongqing Polycomp International Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 0.38 0.78 0.79 0.80 0.73

Competitive Comparison of Chongqing Polycomp International's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Chongqing Polycomp International'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.


Chongqing Polycomp International's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Chongqing Polycomp International's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Chongqing Polycomp International's Scaled Net Operating Assets falls into.



Chongqing Polycomp International 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.

Chongqing Polycomp International'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 )
=(18506.529-2080.783)/19898.626
=0.83

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23030.098 - 4523.569
=18506.529

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13469.842 - 4667.251 - 6721.808
=2080.783

Chongqing Polycomp International'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 )
=(18813.61-2057.292)/23030.098
=0.73

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22902.993 - 4089.383
=18813.61

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13431.802 - 4543.27 - 6831.24
=2057.292

* 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.


Chongqing Polycomp International Scaled Net Operating Assets Related Terms

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Chongqing Polycomp International (SZSE:301526) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Area B, Jianqiao Industrial Park, Dadukou, Chongqing, CHN, 400082
Chongqing Polycomp International Corp is engaged in research & development, production and sales of glass fiber and its products.

Chongqing Polycomp International (SZSE:301526) Headlines

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