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Gome Finance Technology Co (HKSE:00628) Change In Working Capital : HK$0.0 Mil (TTM As of Jun. 2024)


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What is Gome Finance Technology Co Change In Working Capital?

Gome Finance Technology Co's change in working capital for the quarter that ended in Jun. 2024 was HK$0.0 Mil.

Gome Finance Technology Co's change in working capital for the fiscal year that ended in Dec. 2023 was HK$-130.3 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


Gome Finance Technology Co Change In Working Capital Historical Data

The historical data trend for Gome Finance Technology Co's Change In Working Capital 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.

Gome Finance Technology Co Change In Working Capital Chart

Gome Finance Technology Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -204.29 20.17 -123.54 -99.56 -130.28

Gome Finance Technology Co Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Working Capital 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 - - - - -

Gome Finance Technology Co Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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.


Gome Finance Technology Co Change In Working Capital Related Terms

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Gome Finance Technology Co Business Description

Traded in Other Exchanges
N/A
Address
8 Finance Street, Central, Suite 2912, 29th Floor, Two International Finance Centre, Hong Kong, HKG
Gome Finance Technology Co Ltd is an investment holding company. The company's core business includes commercial factoring, financial leasing, personal property pawn loans, and money leading business. Its operating segments include Commercial factoring, Finance lease, and other financing services. The company generates maximum revenue from the Commercial factoring services segment. Geographically, it derives the majority of revenue from Mainland China.
Executives
Mega Bright Capital Resources Limited 2101 Beneficial owner
Du Juan 2202 Interest of your spouse
Wong Kwong Yu 2201 Interest of corporation controlled by you
Ko Chun Shun, Johnson 2201 Interest of corporation controlled by you
Richlane Ventures Limited 2101 Beneficial owner

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