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Guangdong Hoshion Aluminium Co (SZSE:002824) Total Current Liabilities : ¥1,515 Mil (As of Mar. 2024)


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What is Guangdong Hoshion Aluminium Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Guangdong Hoshion Aluminium Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥1,515

Guangdong Hoshion Aluminium Co Total Current Liabilities Historical Data

The historical data trend for Guangdong Hoshion Aluminium Co's Total Current Liabilities 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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Guangdong Hoshion Aluminium Co Total Current Liabilities Chart

Guangdong Hoshion Aluminium Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 543.16 553.96 941.65 1,035.06 1,453.89

Guangdong Hoshion Aluminium 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 Liabilities 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 831.50 932.64 1,135.20 1,453.89 1,514.98

Guangdong Hoshion Aluminium Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Guangdong Hoshion Aluminium Co's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=790.348+623.5
+Other Current Liabilities+Current Deferred Liabilities
=40.039+0
=1,454

Guangdong Hoshion Aluminium Co's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=771.734+650.411
+Other Current Liabilities+Current Deferred Liabilities
=92.835+0
=1,515

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Guangdong Hoshion Aluminium Co Total Current Liabilities Related Terms

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Guangdong Hoshion Aluminium Co (SZSE:002824) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Hoshion Aluminium Co Ltd (SZSE:002824) » Definitions » Total Current Liabilities
Comparable Companies
SZSE:003038 SZSE:002996 SZSE:002988 SZSE:002379 SZSE:002501 SZSE:002547 SZSE:002160 SZSE:002333 SHSE:601388 SZSE:300337 SHSE:601600 NSE:HINDALCO OSL:NHY HKSE:01378 XKLS:8869 BUE:ALUA SZSE:000807 MIC:RUAL SHSE:600219 AA
Traded in Other Exchanges
N/A
Address
No. 5, Meiyuan Road, Qianyu Industrial Zone, Sanxiang Town, Guangdong Province, Zhongshan, CHN, 528463
Website
http://www.hoshion.com/en
Guangdong Hoshion Aluminium Co Ltd is an industrial aluminum manufacturer. The firm research, produce, and develop aluminum casting, anodizing, tooling, extrusion, and other products. It offers consumer electronics, such as OPC and driven rollers for copier printers; power bank housing products; aluminum for TV frames; electronic products extrusion materials; arm of computer hard disc; seamless pipes for lens; and photographic equipment. It also provides automobile anti-collision beams; high precision large sectional rectangle pipes; colied pipesinner thread pipes; and forging parts. In addition, the firm offers seamless pipes for baseball bars; kitchen and bathroom components; aluminum used lighting and snow shoes; electric heating tubes; and conditioner frames.
Executives
Zhang Hong Independent director
Jin Jiong Directors, executives
Li Jian Xiang Director
Chen Hua Ping Executives
Li Jiang Secretary, Director
Huang Jia Hui Director
Zhou Feng Hui Supervisors

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