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Jilin Province Chuncheng Heating Co (HKSE:01853) Other Current Assets : HK$786 Mil (As of Dec. 2024)


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What is Jilin Province Chuncheng Heating Co Other Current Assets?

Jilin Province Chuncheng Heating Co's other current assets for the quarter that ended in Dec. 2024 was HK$786 Mil.

Jilin Province Chuncheng Heating Co's quarterly other current assets declined from Dec. 2023 (HK$650 Mil) to Jun. 2024 (HK$241 Mil) but then increased from Jun. 2024 (HK$241 Mil) to Dec. 2024 (HK$786Mil).

Jilin Province Chuncheng Heating Co's annual other current assets declined from Dec. 2022 (HK$680 Mil) to Dec. 2023 (HK$650 Mil) increased from Dec. 2023 (HK$650 Mil) to Dec. 2024 (HK$786 Mil).


Jilin Province Chuncheng Heating Co Other Current Assets Historical Data

The historical data trend for Jilin Province Chuncheng Heating Co'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.

Jilin Province Chuncheng Heating Co Other Current Assets Chart

Jilin Province Chuncheng Heating Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 538.39 644.28 679.96 649.56 786.10

Jilin Province Chuncheng Heating Co Semi-Annual Data
Dec16 Dec17 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 679.96 150.49 649.56 240.61 786.10

Jilin Province Chuncheng Heating Co 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.


Jilin Province Chuncheng Heating Co Other Current Assets Related Terms

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Jilin Province Chuncheng Heating Co Business Description

Traded in Other Exchanges
N/A
Address
No. 998 Nanhu Road, No. 28, Block B, Nanhu Road Community, Nanguan District, Jilin Province, Changchun, CHN
Jilin Province Chuncheng Heating Co Ltd is a heat service provider in Jilin Province. The heat supply activities include the provision and distribution of heat, pipeline connection, and heat transmission services. Further, it is also engaged in the offer of construction, maintenance, and design services which include engineering construction, engineering maintenance, design services, and electrical and instrument maintenance and repair services. It operates in two segments: Heat supply segment and Construction, maintenance and design services segment. It derives the majority of its revenue from the Heat supply segment.
Executives
Dong Bei Ya Wan Zhong Chuang Tou Zi Guan Li Ji Lin You Xian Gong Si 2305 Beneficiary of a trust
Zhong Guo Dui Wai Jing Ji Mao Yi Xin Tuo You Xian Gong Si 2301 Trustee
Cititrust Private Trust (cayman) Limited 2201 Interest of corporation controlled by you
Fantasy Races Limited 2201 Interest of corporation controlled by you
Harvest Well Holdings Limited 2201 Interest of corporation controlled by you
Joywise Holdings Limited 2201 Interest of corporation controlled by you
Ming Fai International Limited 2201 Interest of corporation controlled by you
Sunshine 100 China Holdings Ltd 2101 Beneficial owner
Guo Tou Tai Kang Xin Tuo You Xian Gong Si 2301 Trustee
He Li Bo 2101 Beneficial owner
Wang Fu Jiang 2101 Beneficial owner

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