Ninebot (SHSE:689009) Total Current Assets : ¥7,859 Mil (As of Mar. 2024)

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What is Ninebot Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ninebot's total current assets for the quarter that ended in Mar. 2024 was ¥7,859 Mil.

Ninebot Total Current Assets Historical Data

The historical data trend for Ninebot'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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Ninebot Total Current Assets Chart

Ninebot Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,385.86

5,363.53

6,126.95

7,208.73

7,706.13

Ninebot 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															7,010.59	7,316.57	8,026.54	7,706.13	7,859.16

Ninebot 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.

Ninebot'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
	=	5202.125	+	1052.692	+	1108.377	+	342.938
	=	7,706

Ninebot'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
	=	5357.078	+	974.578	+	1138.385	+	389.118
	=	7,859

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.

Ninebot (SHSE:689009) 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.

Ninebot'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)
=	5357.078	-	5543.905	+	0.75 * 865.232	+	0.5 * 1138.385
=	1,031

Ninebot Total Current Assets Related Terms

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Ninebot (SHSE:689009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ninebot Ltd (SHSE:689009) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Xixiaokou Road, Zhongguancun Dongsheng Science and Technology Park, Building A, Haidian District, Beijing, CHN, 100192

Website

https://www.ninebot.com

Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.

Executives

Zhao Xin	senior management
Liu Miao	senior management
Fan Xiao Jin	senior management
Zhang Zhen Yuan	Senior management, core technical personnel
Huang Chen	senior management
Chen Zi Chong	Core technical personnel

Ninebot (SHSE:689009) Headlines

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