Neway Group Holdings (HKSE:00055) Total Current Assets : HK$798.8 Mil (As of Jun. 2023)

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What is Neway Group Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Neway Group Holdings's total current assets for the quarter that ended in Jun. 2023 was HK$798.8 Mil.

Neway Group Holdings Total Current Assets Historical Data

The historical data trend for Neway Group Holdings'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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Neway Group Holdings Total Current Assets Chart

Neway Group Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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587.98

633.12

608.14

761.77

690.42

Neway Group Holdings Semi-Annual Data
	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															608.14	808.38	761.77	798.83	690.42

Neway Group Holdings 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.

Neway Group Holdings's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	158.269	+	179.811	+	363.215	+	60.478
	=	761.8

Neway Group Holdings's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	175.497	+	134.896	+	377.52	+	110.915
	=	798.8

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.

Neway Group Holdings (HKSE:00055) 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.

Neway Group Holdings's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	175.497	-	434.396	+	0.75 * 80.777	+	0.5 * 377.52
=	-9.6

Neway Group Holdings Total Current Assets Related Terms

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Neway Group Holdings (HKSE:00055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Neway Group Holdings Ltd (HKSE:00055) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Units Nos 1103 and 1105-1111, Level 11, Tower 2, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.newaygroup.com.hk

Neway Group Holdings Ltd is engaged in the businesses of Lending; Manufacturing and sales; Music and entertainment; Property development; Property investment; Securities trading; and Trading of printing and other products. It derives key revenue from the Manufacturing and sales business which involves the business of manufacturing and sales of printing products, such as packaging boxes, labels, paper products and paper shopping bags, with a customer base; and the manufacturing and sales of surgical masks, with a Hong Kong customer base. The group has a business presence in Hong Kong, the PRC, Europe, the United States and other countries.

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