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Changzhou Nrb (SZSE:002708) Total Current Assets : ¥1,855 Mil (As of Mar. 2024)


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What is Changzhou Nrb Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Changzhou Nrb's total current assets for the quarter that ended in Mar. 2024 was ¥1,855 Mil.

Changzhou Nrb Total Current Assets Historical Data

The historical data trend for Changzhou Nrb'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.

Changzhou Nrb Total Current Assets Chart

Changzhou Nrb Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,098.94 1,387.36 1,351.03 1,252.59 1,813.34

Changzhou Nrb 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 1,137.72 1,228.53 1,279.54 1,813.34 1,855.20

Changzhou Nrb 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.

Changzhou Nrb'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
=653.743+742.93+395.819+20.845
=1,813

Changzhou Nrb'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
=569.761+848.88+411.431+25.132
=1,855

* 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.

Changzhou Nrb  (SZSE:002708) 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.

Changzhou Nrb'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)
=569.761-1561.131+0.75 * 663.256+0.5 * 411.431
=-288

* 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.

Changzhou Nrb Total Current Assets Related Terms

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Changzhou Nrb (SZSE:002708) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changzhou Nrb Corp (SZSE:002708) » Definitions » Total Current Assets
Comparable Companies
SHSE:603190 SZSE:002448 SHSE:600715 SHSE:603009 SZSE:300733 SZSE:301225 SHSE:603788 SZSE:301529 SZSE:002813 SZSE:300547 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
N/A
Address
No.52 Hanjiang Road, New Hi-Tech District, Jiangsu, Changzhou, CHN, 213022
Website
http://www.nrb.com.cn
Changzhou Nrb Corp is engaged in the research and development, manufacturing and sales of high precision and high-reliability products like precision bearings, synchronizers, planetary platoons, and precision forgings. Its products are needle roller bearing, roller bearing, clutch release bearing, and hub bearing which are mainly applied to assemblies like automotive transmission, clutch, heavy truck axle, and hub.
Executives
Cheng Shang Nan Director
Zhang Jian Gang Executives
Weng Jun Executives
Wu Chao Yang Directors, executives
Zheng Wei Qiang Directors, Directors, and Executives
Li Shu Hua Director
Huang Xing Hua Executives
Shen Ya Jun Executives
Yao Jian Ping Supervisors
Xu Jian Feng Supervisors
Cheng Shang Bai Directors, executives
Cheng Xiao Su Director

Changzhou Nrb (SZSE:002708) Headlines

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