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China East Education Holdings (HKSE:00667) Total Current Assets : HK$4,274 Mil (As of Dec. 2023)


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What is China East Education Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China East Education Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$4,274 Mil.

China East Education Holdings Total Current Assets Historical Data

The historical data trend for China East Education 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.

* Premium members only.

China East Education Holdings Total Current Assets Chart

China East Education Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 7,230.75 7,476.46 6,506.89 4,819.15 4,274.39

China East Education Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total 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 6,506.89 5,472.62 4,819.15 4,387.12 4,274.39

China East Education 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.

China East Education Holdings'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
=3752.701+212.914+74.26+234.519
=4,274

China East Education Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=3752.701+212.914+74.26+234.519
=4,274

* 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.

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.

China East Education Holdings  (HKSE:00667) 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.

China East Education Holdings's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3752.701-4029.011+0.75 * 52.885+0.5 * 74.26
=-200

* 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.

China East Education Holdings Total Current Assets Related Terms

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China East Education Holdings (HKSE:00667) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China East Education Holdings Ltd (HKSE:00667) » Definitions » Total Current Assets
Comparable Companies
HKSE:09636 HKSE:01773 HKSE:01969 HKSE:01890 HKSE:01765 HKSE:02001 HKSE:00032 HKSE:02469 HKSE:00382 HKSE:02385 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
ZX3:Germany
Address
No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN
Website
https://www.chinaeastedu.com
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 142,765 as of Dec. 31, 2022. In 2022, China East Education's revenue breakdown by major businesses was 59% in culinary arts, 20% in information & internet technology, 19% in auto services.

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