Zhejiang Zhenshi New Materials Co (SHSE:601112) Other Current Assets: ¥513 Mil (As of Jun. 2026)

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SHSE:601112 Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
16 GF Score
Price ¥16.11
! 3 Warning Signs
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What is Zhejiang Zhenshi New Materials Co Other Current Assets?

Zhejiang Zhenshi New Materials Co SHSE:601112 +3.40% 16 Other Current Assets is ¥513 Mil as of Jun. 2026. GuruFocus rates SHSE:601112 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

Zhejiang Zhenshi New Materials Co's other current assets for the quarter that ended in Jun. 2026 was ¥513 Mil.

Zhejiang Zhenshi New Materials Co's quarterly other current assets increased from Dec. 2025 (¥303 Mil) to Mar. 2026 (¥306 Mil) and increased from Mar. 2026 (¥306 Mil) to Jun. 2026 (¥513Mil).

Zhejiang Zhenshi New Materials Co's annual other current assets increased from Dec. 2023 (¥309 Mil) to Dec. 2024 (¥506 Mil) declined from Dec. 2024 (¥506 Mil) to Dec. 2025 (¥303 Mil).


Zhejiang Zhenshi New Materials Co Other Current Assets Related Terms


Zhejiang Zhenshi New Materials Co Other Current Assets Historical Data

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The historical data trend for Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co Other Current Assets Chart

Zhejiang Zhenshi New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Other Current Assets
629.70 308.92 506.45 302.68

Zhejiang Zhenshi New Materials Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 485.55 487.85 302.68 305.65 513.30
SHSE:601112
16GF Score
Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zhenshi New Materials 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of ¥513 Mil mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a Other Current Assets of ¥513 Mil as of Jun. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Zhejiang Zhenshi New Materials Co.
Is Zhejiang Zhenshi New Materials Co's Other Current Assets too high?
Zhejiang Zhenshi New Materials Co's current Other Current Assets is ¥513 Mil. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Other Current Assets compare to GEV and ETN?
Zhejiang Zhenshi New Materials Co's Other Current Assets of ¥513 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for an Industrial Products company?
A good Other Current Assets depends on the Industrial Products industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Zhejiang Zhenshi New Materials Co. Zhejiang Zhenshi New Materials Co's current Other Current Assets is ¥513 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Other Current Assets of ¥513 Mil. The current Other Current Assets is ¥513 Mil. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 16/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Other Current Assets is ¥513 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zhejiang Zhenshi New Materials Co Business Description

Address No. 1 Guangyun South Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
16GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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