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GDH Guangnan (Holdings) (HKSE:01203) Other Current Assets : HK$13 Mil (As of Jun. 2024)


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What is GDH Guangnan (Holdings) Other Current Assets?

GDH Guangnan (Holdings)'s other current assets for the quarter that ended in Jun. 2024 was HK$13 Mil.

GDH Guangnan (Holdings)'s quarterly other current assets declined from Dec. 2023 (HK$10 Mil) to Mar. 2024 (HK$0 Mil) but then increased from Mar. 2024 (HK$0 Mil) to Jun. 2024 (HK$13Mil).

GDH Guangnan (Holdings)'s annual other current assets increased from Dec. 2021 (HK$15 Mil) to Dec. 2022 (HK$19 Mil) declined from Dec. 2022 (HK$19 Mil) to Dec. 2023 (HK$10 Mil).


GDH Guangnan (Holdings) Other Current Assets Historical Data

The historical data trend for GDH Guangnan (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.

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GDH Guangnan (Holdings) Other Current Assets Chart

GDH Guangnan (Holdings) 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 22.98 24.15 14.60 18.81 9.58

GDH Guangnan (Holdings) Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 9.58 - 13.37 -

GDH Guangnan (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.


GDH Guangnan (Holdings) Other Current Assets Related Terms

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GDH Guangnan (Holdings) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Units 2905-08, 29th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
GDH Guangnan (Holdings) Ltd is an investment holding company engaged in the distribution and trading of fresh and live foodstuffs, provision of slaughtering service, manufacturing and sales of tinplate products, and property leasing. It operates through three business segments. The Tinplating segment is engaged in the production and sales of tinplates and related products, which are used as packaging materials for food processing manufacturers. The Fresh and Live Foodstuffs segment is engaged in the distribution, purchasing, and sales of fresh and live foodstuffs. The Property Leasing segment is engaged in the leasing of office and industrial premises to generate rental income. It is also involved in the operation of pig farming and the distribution of live pigs.

GDH Guangnan (Holdings) Headlines

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