Shanxi Meineng Clean Energy Co (SZSE:001299) Total Current Assets : ¥1,073.1 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Shanxi Meineng Clean Energy Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shanxi Meineng Clean Energy Co's total current assets for the quarter that ended in Mar. 2024 was ¥1,073.1 Mil.

Shanxi Meineng Clean Energy Co Total Current Assets Historical Data

The historical data trend for Shanxi Meineng Clean Energy 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.

Shanxi Meineng Clean Energy Co Total Current Assets Chart

Shanxi Meineng Clean Energy Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

294.81

385.97

466.85

1,047.38

1,136.52

Shanxi Meineng Clean Energy Co Quarterly Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial													983.97	1,006.93	1,073.66	1,136.52	1,073.13

Shanxi Meineng Clean Energy 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 Meineng Clean Energy 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
	=	1029.517	+	20.621	+	14.18	+	72.202
	=	1,136.5

Shanxi Meineng Clean Energy 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
	=	997.497	+	15.897	+	13.528	+	46.208
	=	1,073.1

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 Meineng Clean Energy Co (SZSE:001299) 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 Meineng Clean Energy 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)
=	997.497	-	372.256	+	0.75 * 14.71	+	0.5 * 13.528
=	643.0

Shanxi Meineng Clean Energy Co Total Current Assets Related Terms

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

Shanxi Meineng Clean Energy Co (SZSE:001299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shanxi Meineng Clean Energy Co Ltd (SZSE:001299) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 48 Keji Road, Room B1605, Pioneer Plaza, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710016

Website

http://www.meinenggas.com

Shanxi Meineng Clean Energy Co Ltd is an innovative and energetic professional gas operation enterprise. It is mainly engaged in investment in urban gas, compressed natural gas filling stations, LNG production plants and filling stations, coal-to-natural gas production plants, and gas pipelines; consulting in the gas industry, training and management.

Shanxi Meineng Clean Energy Co (SZSE:001299) Headlines

No Headlines