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Shandong Hi-Speed Holdings Group (HKSE:00412) Other Current Assets : HK$1,595 Mil (As of Jun. 2024)


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What is Shandong Hi-Speed Holdings Group Other Current Assets?

Shandong Hi-Speed Holdings Group's other current assets for the quarter that ended in Jun. 2024 was HK$1,595 Mil.

Shandong Hi-Speed Holdings Group's quarterly other current assets declined from Jun. 2023 (HK$1,789 Mil) to Dec. 2023 (HK$1,731 Mil) and declined from Dec. 2023 (HK$1,731 Mil) to Jun. 2024 (HK$1,595Mil).

Shandong Hi-Speed Holdings Group's annual other current assets increased from Dec. 2021 (HK$521 Mil) to Dec. 2022 (HK$1,641 Mil) increased from Dec. 2022 (HK$1,641 Mil) to Dec. 2023 (HK$1,731 Mil).


Shandong Hi-Speed Holdings Group Other Current Assets Historical Data

The historical data trend for Shandong Hi-Speed Holdings 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.

Shandong Hi-Speed Holdings Group Other Current Assets Chart

Shandong Hi-Speed Holdings Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 926.43 520.96 1,640.60 1,731.20 1,502.72

Shandong Hi-Speed Holdings Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,640.60 1,788.91 1,731.20 1,594.71 1,502.72

Shandong Hi-Speed Holdings 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.


Shandong Hi-Speed Holdings Group Other Current Assets Related Terms

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Shandong Hi-Speed Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, 38th Floor, The Center, Central, Hong Kong, HKG
Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include the Industrial investment segment in operations of the industrial investment-related business; the Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; the Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services. The majority is from the Industrial Investment segment & key revenue is from the PRC.
Executives
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong International Securities Group Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Shan Dong Gao Su Ji Tuan You Xian Gong Si 2101 Beneficial owner
China Credit Trust Co., Ltd 2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
Shandong Hi-speed (bvi) Capital Management Limited
Shandong Hi-speed (hong Kong) International Capital Limited
Shandong International (hong Kong) Limited
Shan Dong Sheng Nong Cun Jing Ji Kai Fa Tou Zi Gong Si
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Tai Fung Bank Limited 2106 Person having a security interest in shares
Zhong Guo Yin Xing Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd. 2201 Interest of corporation controlled by you
Lau Mo 2201 Interest of corporation controlled by you

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