Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Total Current Assets : HK$42.94 Mil (As of Dec. 2023)

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What is Shanxi Changcheng Microlight Equipment Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shanxi Changcheng Microlight Equipment Co's total current assets for the quarter that ended in Dec. 2023 was HK$42.94 Mil.

Shanxi Changcheng Microlight Equipment Co Total Current Assets Historical Data

The historical data trend for Shanxi Changcheng Microlight Equipment Co'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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Shanxi Changcheng Microlight Equipment Co Total Current Assets Chart

Shanxi Changcheng Microlight Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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48.80

46.80

30.17

29.34

42.94

Shanxi Changcheng Microlight Equipment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															29.34	-	38.60	-	42.94

Shanxi Changcheng Microlight Equipment Co 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.

Shanxi Changcheng Microlight Equipment Co'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
	=	0.303	+	27.888	+	14.753	+	0
	=	42.94

Shanxi Changcheng Microlight Equipment Co'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
	=	0.303	+	27.888	+	14.753	+	0
	=	42.94

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.

Shanxi Changcheng Microlight Equipment Co (HKSE:08286) 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.

Shanxi Changcheng Microlight Equipment Co'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)
=	0.303	-	306.226	+	0.75 * 18.623	+	0.5 * 14.753
=	-284.58

Shanxi Changcheng Microlight Equipment Co Total Current Assets Related Terms

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Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanxi Changcheng Microlight Equipment Co Ltd (HKSE:08286) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

No. 7 Dianzi Street, Demonstration Zone, Shanxi Province, Taiyuan, CHN

Website

http://www.sxccoe.com

Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates.

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