LX Technology Group (HKSE:02436) Total Current Assets : HK$885 Mil (As of Dec. 2023)

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What is LX Technology Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. LX Technology Group's total current assets for the quarter that ended in Dec. 2023 was HK$885 Mil.

LX Technology Group Total Current Assets Historical Data

The historical data trend for LX Technology Group'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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LX Technology Group Total Current Assets Chart

LX Technology Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

262.57

436.03

477.61

811.94

884.58

LX Technology Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial			477.61	560.71	811.94	893.05	884.58

LX Technology Group 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.

LX Technology Group'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
	=	503.387	+	282.802	+	86.398	+	11.99
	=	885

LX Technology Group'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
	=	503.387	+	282.802	+	86.398	+	11.99
	=	885

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.

LX Technology Group (HKSE:02436) 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.

LX Technology Group'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)
=	503.387	-	1029.56	+	0.75 * 115.916	+	0.5 * 86.398
=	-396

LX Technology Group Total Current Assets Related Terms

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LX Technology Group (HKSE:02436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LX Technology Group Ltd (HKSE:02436) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Kaifeng Road, Meilin Street, 501, 5th Floor Cuilin Building, International financial technology city, Maling District, Futian District, Shenzhen, CHN

Website

https://www.bearrental.com

LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.

Executives

Lx Brothers Technology Limited	2101 Beneficial owner
Zhong Xiao Qi Ye Fa Zhan Ji Jin Shen Zhen Nan Shan You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Fu Hai Zhong Xiao Qi Ye Fa Zhan Ji Jin Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Yu Jun Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shang Hai Tong Yun Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Da Chen Cai Zhi Chuang Ye Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Hu Nan Dian Guang Chuan Mei Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Dong Fang Fu Hai Tou Zi Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Chen Wei	2201 Interest of corporation controlled by you
Hu Zuoxiong	2201 Interest of corporation controlled by you
Beauty Bear Technology Limited	2101 Beneficial owner
Tigris Innovation Limited	2101 Beneficial owner
Max Smart Limited	2201 Interest of corporation controlled by you
Liu Qiangdong Richard	2305 Beneficiary of a trust

LX Technology Group (HKSE:02436) Headlines

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