Hi Sun Technology (China) (Hi Sun Technology (China)) Total Current Assets : $1,176.8 Mil (As of Dec. 2023)

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What is Hi Sun Technology (China) Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hi Sun Technology (China)'s total current assets for the quarter that ended in Dec. 2023 was $1,176.8 Mil.

Hi Sun Technology (China) Total Current Assets Historical Data

The historical data trend for Hi Sun Technology (China)'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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Hi Sun Technology (China) Total Current Assets Chart

Hi Sun Technology (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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675.85

808.62

900.88

973.17

1,176.79

Hi Sun Technology (China) 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															900.88	877.81	973.17	840.62	1,176.79

Hi Sun Technology (China) 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.

Hi Sun Technology (China)'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
	=	474.903	+	241.944	+	2.494	+	457.451
	=	1,176.8

Hi Sun Technology (China)'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
	=	474.903	+	241.944	+	2.494	+	457.451
	=	1,176.8

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.

Hi Sun Technology (China) (OTCPK:HISNF) 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.

Hi Sun Technology (China)'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)
=	474.903	-	672.706	+	0.75 * 23.975	+	0.5 * 2.494
=	-178.6

Hi Sun Technology (China) Total Current Assets Related Terms

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Hi Sun Technology (China) (Hi Sun Technology (China)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi Sun Technology (China) Ltd (OTCPK:HISNF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

00818:Hong Kong

Address

30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG

Website

http://www.hisun.com.hk

Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

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