GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tianneng Power International Ltd (HKSE:00819) » Definitions » Other Current Assets

Tianneng Power International (HKSE:00819) Other Current Assets : HK$8,617 Mil (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tianneng Power International Other Current Assets?

Tianneng Power International's other current assets for the quarter that ended in Jun. 2024 was HK$8,617 Mil.

Tianneng Power International's quarterly other current assets increased from Jun. 2023 (HK$6,191 Mil) to Dec. 2023 (HK$7,266 Mil) and increased from Dec. 2023 (HK$7,266 Mil) to Jun. 2024 (HK$8,617Mil).

Tianneng Power International's annual other current assets increased from Dec. 2021 (HK$5,571 Mil) to Dec. 2022 (HK$5,636 Mil) increased from Dec. 2022 (HK$5,636 Mil) to Dec. 2023 (HK$7,266 Mil).


Tianneng Power International Other Current Assets Historical Data

The historical data trend for Tianneng Power International'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.

Tianneng Power International Other Current Assets Chart

Tianneng Power International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,245.74 3,012.18 5,571.21 5,635.75 7,266.27

Tianneng Power International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 6,241.71 5,635.75 6,190.65 7,266.27 8,616.63

Tianneng Power International 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.


Tianneng Power International Other Current Assets Related Terms

Thank you for viewing the detailed overview of Tianneng Power International's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianneng Power International Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 3202, 32nd Floor, Central Plaza, Wanchai, Hong Kong, HKG
Tianneng Power International Ltd is an electronic components company. It operates through two business segments: sales of batteries and battery-related accessories, and trading of new energy material. The company is primarily engaged in manufacturing and selling of lead-acid batteries and battery-related accessories including motive, solar, and wind-powered batteries, lithium battery products, electrical bicycle batteries, and special-purpose batteries mainly used for electrical vehicles, and energy storage battery, among others. A vast majority of revenue is generated by the company's sale of batteries and battery-related accessories segment, and the company earns most of its revenue in The People's Republic of China.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Yang Yaping 2202 Interest of your spouse
Zhang Tianren 2201 Interest of corporation controlled by you
Prime Leader Global Limited 2101 Beneficial owner

Tianneng Power International Headlines

No Headlines