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China East Education Holdings (HKSE:00667) Other Current Assets : HK$230 Mil (As of Dec. 2024)


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What is China East Education Holdings Other Current Assets?

China East Education Holdings's other current assets for the quarter that ended in Dec. 2024 was HK$230 Mil.

China East Education Holdings's quarterly other current assets increased from Dec. 2023 (HK$235 Mil) to Jun. 2024 (HK$275 Mil) but then declined from Jun. 2024 (HK$275 Mil) to Dec. 2024 (HK$230Mil).

China East Education Holdings's annual other current assets declined from Dec. 2022 (HK$253 Mil) to Dec. 2023 (HK$235 Mil) declined from Dec. 2023 (HK$235 Mil) to Dec. 2024 (HK$230 Mil).


China East Education Holdings Other Current Assets Historical Data

The historical data trend for China East Education Holdings'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 East Education Holdings Other Current Assets Chart

China East Education Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 139.53 7.14 253.07 234.52 229.55

China East Education Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 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 253.07 359.54 234.52 275.49 229.55

China East Education Holdings 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 East Education Holdings Other Current Assets Related Terms

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China East Education Holdings Business Description

Traded in Other Exchanges
Address
No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN
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 146,839 as of Dec. 31, 2023. In 2023, China East Education's revenue breakdown by major businesses was 56% in culinary arts, 20% in information & internet technology, 21% in auto services.
Executives
Wei Zhiling 2202 Interest of your spouse
Xiao Guoqing 2201 Interest of corporation controlled by you
Xiao Guoqing Education Company Limited 2101 Beneficial owner
Wu Junbao 2201 Interest of corporation controlled by you
Wu Junbao Education Company Limited 2101 Beneficial owner
Zhou Jiaju 2202 Interest of your spouse
Cheng Jing 2202 Interest of your spouse
Wu Wei 2201 Interest of corporation controlled by you
Wu Wei Education Company Limited 2101 Beneficial owner

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