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Canggang Railway (HKSE:02169) Change In Working Capital : HK$-66.2 Mil (TTM As of Dec. 2023)


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What is Canggang Railway Change In Working Capital?

Canggang Railway's change in working capital for the quarter that ended in Dec. 2023 was HK$-58.6 Mil.

Canggang Railway's change in working capital for the fiscal year that ended in Dec. 2023 was HK$-66.2 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Canggang Railway Change In Working Capital Historical Data

The historical data trend for Canggang Railway's Change In Working Capital 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.

Canggang Railway Change In Working Capital Chart

Canggang Railway Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Working Capital
Get a 7-Day Free Trial -21.61 34.30 -24.61 -26.77 -66.17

Canggang Railway Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.06 -154.03 119.98 -7.52 -58.64

Canggang Railway Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-66.2 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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.

Canggang Railway Change In Working Capital Related Terms

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Canggang Railway (HKSE:02169) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canggang Railway Ltd (HKSE:02169) » Definitions » Change In Working Capital
Comparable Companies
HKSE:00062 HKSE:01596 HKSE:01786 HKSE:00306 HKSE:00077 HKSE:03969 HKSE:03898 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 HKSE:00066 TSE:9022 TSE:9020 HKSE:01766 WAB SHSE:601006 TSE:9021
Traded in Other Exchanges
N/A
Address
Yangzhuang Station, Yangerzhuang Town, Huanghua, Hebei Province, Cangzhou, CHN
Website
https://www.czcgtl.com
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, and other ancillary services, including loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. It operates one railway, the Canggang Railway Line, which connects the Shuo-Huang Railway Line and the Han-Huang Railway Line with the Bohai New Area in Cangzhou. Its railway line also connects the Beijing-Shanghai Railway Line. The company earns its revenue from rail freight transportation services.
Executives
Zhong Guo Ren Shou Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ren Shou Bao Xian Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ren Shou Bao Xian Ji Tuan Gong Si 2201 Interest of corporation controlled by you
Guo Shou An Bao Ji Jin Guan Li You Xian Gong Si 2501 Other
Guo Shou An Bao Hai Wai Hao Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Zhang Lijie 2201 Interest of corporation controlled by you
Zhang Lihuan 2201 Interest of corporation controlled by you
Zhang Ning 2201 Interest of corporation controlled by you
Zhang Ruiqiu 2201 Interest of corporation controlled by you
Zhang Weiwei 2202 Interest of your spouse
Zhang Xiaogeng 2201 Interest of corporation controlled by you
Zhang Xiaosuo 2201 Interest of corporation controlled by you
Zhang Xiaoxia 2202 Interest of your spouse
Zhang Yanfeng 2201 Interest of corporation controlled by you
Zhou Qiuju 2202 Interest of your spouse

Canggang Railway (HKSE:02169) Headlines

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