Zhejiang Zhenyuan Share Co (SZSE:000705) Total Current Assets : ¥1,999 Mil (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Zhejiang Zhenyuan Share Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zhejiang Zhenyuan Share Co's total current assets for the quarter that ended in Mar. 2024 was ¥1,999 Mil.

Zhejiang Zhenyuan Share Co Total Current Assets Historical Data

The historical data trend for Zhejiang Zhenyuan Share 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.

Zhejiang Zhenyuan Share Co Total Current Assets Chart

Zhejiang Zhenyuan Share Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1,661.69

1,753.14

1,936.92

2,109.68

1,871.42

Zhejiang Zhenyuan Share 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															2,066.78	2,112.56	2,095.29	1,871.42	1,998.63

Zhejiang Zhenyuan Share 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.

Zhejiang Zhenyuan Share 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
	=	458.889	+	657.603	+	679.416	+	75.512
	=	1,871

Zhejiang Zhenyuan Share 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
	=	500.826	+	759.07	+	645.754	+	92.979
	=	1,999

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.

Zhejiang Zhenyuan Share Co (SZSE:000705) 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.

Zhejiang Zhenyuan Share 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)
=	500.826	-	1078.018	+	0.75 * 681.851	+	0.5 * 645.754
=	257

Zhejiang Zhenyuan Share Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Zhejiang Zhenyuan Share Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Zhenyuan Share Co (SZSE:000705) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zhejiang Zhenyuan Share Co Ltd (SZSE:000705) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 289 Jiefang North Road, Zhejiang Province, Shaoxing, CHN, 312000

Website

http://www.zjzy.com

Zhejiang Zhenyuan Share Co Ltd is a China based pharmaceutical company. It is engaged in the engaged in the production and operation of proprietary Chinese medicines, Chinese herbal medicines, Chinese herbal medicines, chemical preparations, chemical raw materials, biochemical drugs, narcotic drugs, psychotropic drugs, medical devices, chemical reagent and others. Further, the firm's business scope covers the pharmaceutical industry, pharmaceutical business, pharmaceutical logistics and health service industry. It holds presence in both Chinese and international market.

Executives

Zhang Yan Na	Supervisors
Wu Hai Ming	Director
Chen Fu Gen	Directors, executives
Wei Min	Executives
He Yi Qiang	Directors, executives
Dong Jin Biao	Supervisors
Xuan Le Xin	Supervisors
Jiang Guan Gen	Supervisors
Song Yi Ting	Directors, executives
Li Cheng Hua	Executives
He Yu Long	Directors, executives
Li Yang	Executives
Ruan Jian Chang	Director
Jin Ming Hua	Executives
Zhou Qian Li	Secretary Dong

Zhejiang Zhenyuan Share Co (SZSE:000705) Headlines

No Headlines