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Zhangjiagang Guangda Special Material Co (SHSE:688186) Total Current Assets : ¥5,081 Mil (As of Mar. 2024)


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What is Zhangjiagang Guangda Special Material Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zhangjiagang Guangda Special Material Co's total current assets for the quarter that ended in Mar. 2024 was ¥5,081 Mil.

Zhangjiagang Guangda Special Material Co Total Current Assets Historical Data

The historical data trend for Zhangjiagang Guangda Special Material 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.

* Premium members only.

Zhangjiagang Guangda Special Material Co Total Current Assets Chart

Zhangjiagang Guangda Special Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 1,541.68 2,217.04 3,738.25 5,604.79 4,957.62

Zhangjiagang Guangda Special Material Co Quarterly Data
Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,437.38 5,733.35 5,295.21 4,957.62 5,081.00

Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material 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
=570.604+2239.802+2028.121+119.095
=4,958

Zhangjiagang Guangda Special Material 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
=532.146+2406.261+2008.215+134.374
=5,081

* 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.

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.

Zhangjiagang Guangda Special Material Co  (SHSE:688186) 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.

Zhangjiagang Guangda Special Material 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)
=532.146-6934.915+0.75 * 1197.994+0.5 * 2008.215
=-4,500

* 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.

Zhangjiagang Guangda Special Material Co Total Current Assets Related Terms

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Zhangjiagang Guangda Special Material Co (SHSE:688186) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhangjiagang Guangda Special Material Co Ltd (SHSE:688186) » Definitions » Total Current Assets
Comparable Companies
SHSE:603878 SHSE:600784 SZSE:000926 SZSE:002132 SHSE:605158 SHSE:603969 SHSE:603028 SZSE:002443 SHSE:600992 SHSE:603315 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Website
http://www.zjggdtc.com
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
Executives
Gu Jin Cai senior management
Zhou Qing Chun Core technical personnel

Zhangjiagang Guangda Special Material Co (SHSE:688186) Headlines

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