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China Huajun Group (HKSE:00377) Other Current Assets : HK$139 Mil (As of Jun. 2023)


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What is China Huajun Group Other Current Assets?

China Huajun Group's other current assets for the quarter that ended in Jun. 2023 was HK$139 Mil.

China Huajun Group's quarterly other current assets increased from Jun. 2022 (HK$125 Mil) to Dec. 2022 (HK$287 Mil) but then declined from Dec. 2022 (HK$287 Mil) to Jun. 2023 (HK$139Mil).

China Huajun Group's annual other current assets declined from Dec. 2020 (HK$1,446 Mil) to Dec. 2021 (HK$102 Mil) increased from Dec. 2021 (HK$102 Mil) to Dec. 2022 (HK$287 Mil).


China Huajun Group Other Current Assets Historical Data

The historical data trend for China Huajun Group's Other 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.

China Huajun Group Other Current Assets Chart

China Huajun Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,197.74 1,446.03 102.03 287.15 141.65

China Huajun Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other 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 102.03 125.12 287.15 139.20 141.65

China Huajun Group Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


China Huajun Group Other Current Assets Related Terms

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China Huajun Group (HKSE:00377) Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, Suites 903-905, 9th Floor, Shui On Centre, Wan Chai, Hong Kong, HKG
China Huajun Group Ltd is an investment holding company. It operates in five segments: Printing, Trading & Logistics, Property Development & Investments, Solar Photovoltaic, and Financial Services. The majority of its revenue comes from the Trading & logistics segment, which is involved in trading, logistics, and supply chain management. Its geographical segments are China, the United States, Hong Kong, European countries, and other countries, of which the United States accounts for the vast majority of its revenue.

China Huajun Group (HKSE:00377) Headlines

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