Huafon Microfibre (Shanghai) Co (SZSE:300180) Total Current Assets : ¥2,235 Mil (As of Mar. 2024)

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What is Huafon Microfibre (Shanghai) Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Huafon Microfibre (Shanghai) Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,235 Mil.

Huafon Microfibre (Shanghai) Co Total Current Assets Historical Data

The historical data trend for Huafon Microfibre (Shanghai) 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.

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Huafon Microfibre (Shanghai) Co Total Current Assets Chart

Huafon Microfibre (Shanghai) Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

2,165.42

2,289.42

2,434.53

2,492.57

2,384.95

Huafon Microfibre (Shanghai) 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															2,675.43	2,778.88	2,720.45	2,384.95	2,235.05

Huafon Microfibre (Shanghai) 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.

Huafon Microfibre (Shanghai) 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
	=	439.08	+	1049.1	+	717.461	+	179.304
	=	2,385

Huafon Microfibre (Shanghai) 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
	=	254.167	+	1073.135	+	776.863	+	130.88
	=	2,235

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.

Huafon Microfibre (Shanghai) Co (SZSE:300180) 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.

Huafon Microfibre (Shanghai) 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)
=	254.167	-	2750.795	+	0.75 * 759.666	+	0.5 * 776.863
=	-1,538

Huafon Microfibre (Shanghai) Co Total Current Assets Related Terms

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Huafon Microfibre (Shanghai) Co (SZSE:300180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Huafon Microfibre (Shanghai) Co Ltd (SZSE:300180) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

888 South Tingwei Road, Jinshan District, Shanghai, CHN, 201508

Website

http://microfibre.huafeng.com/

Huafon Microfibre (Shanghai) Co Ltd is engaged in the development, manufacture, and marketing of microfibre leather. Its main products include PU resin, bundle superfine fibre, non-woven fabric, coagulation, coating, and dyeing. Geographically the activities are carried out through China.

Executives

Xian Dan	Director
Zhao Yu Biao	Independent director
You Xiao Ping	Director
Zhao Hong Kai	Directors, executives
Duan Wei Dong	Directors, executives
Yu Shao Ting	Supervisors
Cai Kai Cheng	Executives
Liu Yong Sheng	Supervisors
Cheng Ming	Director, Director, Representative of Securities A
Wang Ke Liang	Directors, executives
Wang Dao Chong	Directors, executives

Huafon Microfibre (Shanghai) Co (SZSE:300180) Headlines

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