Grand Ocean Advanced Resources Co (HKSE:00065) Total Liabilities : HK$109.7 Mil (As of Dec. 2023)

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What is Grand Ocean Advanced Resources Co Total Liabilities?

Grand Ocean Advanced Resources Co's Total Liabilities for the quarter that ended in Dec. 2023 was HK$109.7 Mil.

Grand Ocean Advanced Resources Co's quarterly Total Liabilities declined from Dec. 2022 (HK$111.94 Mil) to Jun. 2023 (HK$104.62 Mil) but then increased from Jun. 2023 (HK$104.62 Mil) to Dec. 2023 (HK$109.74 Mil).

Grand Ocean Advanced Resources Co's annual Total Liabilities increased from Dec. 2021 (HK$81.22 Mil) to Dec. 2022 (HK$111.94 Mil) but then declined from Dec. 2022 (HK$111.94 Mil) to Dec. 2023 (HK$109.74 Mil).

Grand Ocean Advanced Resources Co Total Liabilities Historical Data

The historical data trend for Grand Ocean Advanced Resources Co's Total 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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Grand Ocean Advanced Resources Co Total Liabilities Chart

Grand Ocean Advanced Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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83.82

78.62

81.22

111.94

109.74

Grand Ocean Advanced Resources Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Liabilities	Get a 7-Day Free Trial															81.22	74.00	111.94	104.62	109.74

Grand Ocean Advanced Resources Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Grand Ocean Advanced Resources Co's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	89.445	+	(0	+	20.292
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	109.7

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	307.225	-	197.488
	=	109.7

Grand Ocean Advanced Resources Co's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	89.445	+	(0	+	20.292
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	109.7

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	307.225	-	197.488
	=	109.7

Grand Ocean Advanced Resources Co Total Liabilities Related Terms

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Grand Ocean Advanced Resources Co (HKSE:00065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Grand Ocean Advanced Resources Co Ltd (HKSE:00065) » Definitions » Total Liabilities

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Suite 1602, Sino Plaza, Hong Kong, HKG

Website

https://www.grandocean65.com

Grand Ocean Advanced Resources Co Ltd is an investment holding company that is engaged in the coal mining business. The Group has one reportable operating segment which is the Coal Mining Business. Majority of its revenue is generated from PRC except Hong Kong.

Executives

Cao Min	2201 Interest of corporation controlled by you
Yuan Nian Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Sungold Developments Group Limited	2101 Beneficial owner
Ninetynine Technology Service Limited	2101 Beneficial owner
Liu Chang Deng	2101 Beneficial owner
Xiao Bingnan	2101 Beneficial owner
Blossom International Investment Holdings Limited	2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited	2101 Beneficial owner
Yang Fang	2201 Interest of corporation controlled by you

Grand Ocean Advanced Resources Co (HKSE:00065) Headlines

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