Shanghai Zhonggu Logistics Co (SHSE:603565) Total Current Assets : ¥12,542 Mil (As of Mar. 2024)

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What is Shanghai Zhonggu Logistics Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shanghai Zhonggu Logistics Co's total current assets for the quarter that ended in Mar. 2024 was ¥12,542 Mil.

Shanghai Zhonggu Logistics Co Total Current Assets Historical Data

The historical data trend for Shanghai Zhonggu Logistics 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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Shanghai Zhonggu Logistics Co Total Current Assets Chart

Shanghai Zhonggu Logistics Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,374.36

5,631.12

10,985.03

10,479.20

12,272.24

Shanghai Zhonggu Logistics Co Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															11,806.09	12,426.79	12,931.19	12,272.24	12,542.32

Shanghai Zhonggu Logistics 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.

Shanghai Zhonggu Logistics 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
	=	10265.813	+	634.875	+	85.286	+	1286.269
	=	12,272

Shanghai Zhonggu Logistics Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	10296.6	+	815.551	+	89.473	+	1340.7
	=	12,542

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.

Shanghai Zhonggu Logistics Co (SHSE:603565) 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.

Shanghai Zhonggu Logistics Co's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10296.6	-	12992.957	+	0.75 * 599.184	+	0.5 * 89.473
=	-2,202

Shanghai Zhonggu Logistics Co Total Current Assets Related Terms

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Shanghai Zhonggu Logistics Co (SHSE:603565) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Zhonggu Logistics Co Ltd (SHSE:603565) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

No. 3261, Dongfang Road, 15th Floor, Block B, Building 1, Pudong New Area, Shanghai, CHN, 200125

Website

http://www.zhonggu56.com

Shanghai Zhonggu Logistics Co Ltd is engaged in providing customers with customized and cost-effective door-to-door full container logistics solutions. The company has SQ boxes, coal boxes, special boxes, freezer boxes and other types of boxes, and more than 10,000 types of transport products. In addition to water transportation, the company integrates railways, highways and other resources. It provides a full range of multimodal transportation services such as sea-land transportation, river-sea transportation, water-water transfer, sea-rail transportation and cold chain transportation services.

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