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Prosperous Printing Co (HKSE:08385) Other Current Assets : HK$0.11 Mil (As of Dec. 2024)


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What is Prosperous Printing Co Other Current Assets?

Prosperous Printing Co's other current assets for the quarter that ended in Dec. 2024 was HK$0.11 Mil.

Prosperous Printing Co's quarterly other current assets declined from Dec. 2023 (HK$2.98 Mil) to Jun. 2024 (HK$0.50 Mil) and declined from Jun. 2024 (HK$0.50 Mil) to Dec. 2024 (HK$0.11Mil).

Prosperous Printing Co's annual other current assets declined from Dec. 2022 (HK$5.89 Mil) to Dec. 2023 (HK$2.98 Mil) declined from Dec. 2023 (HK$2.98 Mil) to Dec. 2024 (HK$0.11 Mil).


Prosperous Printing Co Other Current Assets Historical Data

The historical data trend for Prosperous Printing 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.

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Prosperous Printing Co Other Current Assets Chart

Prosperous Printing Co 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 38.45 14.35 5.89 2.98 0.11

Prosperous Printing Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 16.55 - 2.98 0.50 0.11

Prosperous Printing 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.


Prosperous Printing Co Other Current Assets Related Terms

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Prosperous Printing Co Business Description

Traded in Other Exchanges
N/A
Address
10 Fung Yip Street, 3rd Floor, Yip Cheung Centre, Chai Wan, Hong Kong, HKG
Prosperous Printing Co Ltd operates as a printing company in both Hong Kong and the PRC. Its products include case bound, softbound, saddle stitch book, handcraft items, silk screening, finishing, and cut and stamp. The company operates in only one operating segment which is the books and paper products production segment. Its geographic locations are Hong Kong, the PRC, the United States, the United Kingdom, and others.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
First Tech Inc. 2101 Beneficial owner
Lam Sam Ming 2201 Interest of corporation controlled by you
Yao Yuan 2202 Interest of your spouse
First Tech Inc. 2101 Beneficial owner
Cheung Ting Kin 2201 Interest of corporation controlled by you
Infinity Credits Co., Limited 2106 Person having a security interest in shares
Infinity International Holding Limited 2201 Interest of corporation controlled by you
Zhao Zhisheng 2201 Interest of corporation controlled by you
Fine Time Concept Limited 2101 Beneficial owner

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