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China City Infrastructure Group (HKSE:02349) Other Current Assets : HK$5.25 Mil (As of Dec. 2024)


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What is China City Infrastructure Group Other Current Assets?

China City Infrastructure Group's other current assets for the quarter that ended in Dec. 2024 was HK$5.25 Mil.

China City Infrastructure Group's quarterly other current assets increased from Dec. 2023 (HK$8.88 Mil) to Jun. 2024 (HK$9.09 Mil) but then declined from Jun. 2024 (HK$9.09 Mil) to Dec. 2024 (HK$5.25Mil).

China City Infrastructure Group's annual other current assets declined from Dec. 2022 (HK$9.54 Mil) to Dec. 2023 (HK$8.88 Mil) declined from Dec. 2023 (HK$8.88 Mil) to Dec. 2024 (HK$5.25 Mil).


China City Infrastructure Group Other Current Assets Historical Data

The historical data trend for China City Infrastructure 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.

China City Infrastructure Group Other Current Assets Chart

China City Infrastructure Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.15 130.01 9.54 8.88 5.25

China City Infrastructure Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.54 8.20 8.88 9.09 5.25

China City Infrastructure 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.


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China City Infrastructure Group Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Suit 6208, 62nd Floor, Central Plaza, Wanchai, Hong Kong, HKG
China City Infrastructure Group Ltd is an investment holding company. The Company focuses on property development, leasing investment properties, and property management business services in Wuhan, China. Operating primarily in Hubei Province, it serves both residential and commercial sectors in the dynamic Chinese real estate market. It operates its business through four segments: the Property Development Business segment, which engages in the development of property projects; the Property Investment Business segment is engaged in the leasing of investment properties. and Property Management Business segment is engaged in the provision of property management and other services. The company generates the majority of its revenue from the PRC.
Executives
Sky Climber Development Limited 2101 Beneficial owner
Yang Zhixiong 2201 Interest of corporation controlled by you
Fu Lam Wu 2106 Person having a security interest in shares
Linkway Investment Holdings Limited
Li Chao Bo
China Financial International Investments Limited
Good Outlook Investments Limited 2101 Beneficial owner
Wang Lisha
Capital Focus Asset Management Limited
China Financial International Investments & Managements Limited

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