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Xinyi Energy Holdings (HKSE:03868) Other Current Assets : HK$357 Mil (As of Dec. 2024)


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What is Xinyi Energy Holdings Other Current Assets?

Xinyi Energy Holdings's other current assets for the quarter that ended in Dec. 2024 was HK$357 Mil.

Xinyi Energy Holdings's quarterly other current assets increased from Dec. 2023 (HK$356 Mil) to Jun. 2024 (HK$357 Mil) but then declined from Jun. 2024 (HK$357 Mil) to Dec. 2024 (HK$357Mil).

Xinyi Energy Holdings's annual other current assets increased from Dec. 2022 (HK$0 Mil) to Dec. 2023 (HK$356 Mil) increased from Dec. 2023 (HK$356 Mil) to Dec. 2024 (HK$357 Mil).


Xinyi Energy Holdings Other Current Assets Historical Data

The historical data trend for Xinyi Energy 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.

Xinyi Energy Holdings Other Current Assets Chart

Xinyi Energy Holdings 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 397.08 352.04 - 355.88 356.87

Xinyi Energy Holdings Semi-Annual Data
Dec15 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 - 263.99 355.88 357.37 356.87

Xinyi Energy 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.


Xinyi Energy Holdings Other Current Assets Related Terms

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Xinyi Energy Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 102, Meidiya Road, E Qiao Town, Sanshan District, Anhui Province, Wuhu, CHN
Listed in May 2019, Xinyi Energy is a spinoff from its holding company Xinyi Solar, and engages in solar farm operations in China. The company owns a portfolio of utility-scale ground-mounted solar farm projects, with total approved capacity of 4,510.5 megawatts by the end of 2024. Parent Xinyi Solar, a leading solar glass manufacturer and solar farm developer, retains about a 52% stake in Xinyi Energy.
Executives
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
Li Ching Wai 2401 A concert party to an agreement to buy shares
Sze Nang Sze 2201 Interest of corporation controlled by you
Ng Ngan Ho 2401 A concert party to an agreement to buy shares
Li Ching Leung 2401 A concert party to an agreement to buy shares
Lee Sing Din 2401 A concert party to an agreement to buy shares
Tung Ching Bor 2401 A concert party to an agreement to buy shares
Lee Yin Yee 2401 A concert party to an agreement to buy shares
Tung Ching Sai 2401 A concert party to an agreement to buy shares
Xinyi Glass Holdings Limited
Xinyi Group (glass) Company Limited
Xinyi Power (bvi) Limited 2101 Beneficial owner
Xinyi Solar Holdings Limited 2201 Interest of corporation controlled by you
Charm Dazzle Limited
Sze Tan Hung 2101 Beneficial owner

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