Hang Lung Properties (FRA:AOP) Total Current Assets : €2,698 Mil (As of Dec. 2023)

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What is Hang Lung Properties Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hang Lung Properties's total current assets for the quarter that ended in Dec. 2023 was €2,698 Mil.

Hang Lung Properties Total Current Assets Historical Data

The historical data trend for Hang Lung Properties's Total Current 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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Hang Lung Properties Total Current Assets Chart

Hang Lung Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,294.68

1,895.44

2,587.71

2,480.46

2,698.35

Hang Lung Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															2,587.71	2,358.22	2,480.46	2,429.16	2,698.35

Hang Lung Properties Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Hang Lung Properties's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	628.414	+	399.921	+	1670.016	+	-0.00099999999974898
	=	2,698

Hang Lung Properties's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	628.414	+	399.921	+	1670.016	+	-0.00099999999974898
	=	2,698

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Hang Lung Properties (FRA:AOP) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Hang Lung Properties's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	628.414	-	8827.261	+	0.75 * 399.921	+	0.5 * 1670.016
=	-7,064

Hang Lung Properties Total Current Assets Related Terms

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Hang Lung Properties (FRA:AOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (FRA:AOP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HLPPY:USA HLPPF:USA 00101:Hong Kong

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglung.com

Hung Lung Properties is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.

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