Zhejiang Rongtai Electric Material Co (SHSE:603119) Other Current Assets: ¥205 Mil (As of Jun. 2026)

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SHSE:603119 Zhejiang Rongtai Electric Material Co Ltd SHSE:603119
90 GF Score
Price ¥50.58
GF Value ¥38.40
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Zhejiang Rongtai Electric Material Co Other Current Assets?

Zhejiang Rongtai Electric Material Co SHSE:603119 -2.94% 90 Other Current Assets is ¥205 Mil as of Jun. 2026. GuruFocus rates SHSE:603119 with a GF Score™ of 90/100 and a GF Value™ of ¥38.40 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Zhejiang Rongtai Electric Material Co's other current assets for the quarter that ended in Jun. 2026 was ¥205 Mil.

Zhejiang Rongtai Electric Material Co's quarterly other current assets increased from Dec. 2025 (¥50 Mil) to Mar. 2026 (¥210 Mil) but then declined from Mar. 2026 (¥210 Mil) to Jun. 2026 (¥205Mil).

Zhejiang Rongtai Electric Material Co's annual other current assets increased from Dec. 2023 (¥6 Mil) to Dec. 2024 (¥69 Mil) declined from Dec. 2024 (¥69 Mil) to Dec. 2025 (¥50 Mil).


Zhejiang Rongtai Electric Material Co Other Current Assets Related Terms


Zhejiang Rongtai Electric Material Co Other Current Assets Historical Data

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The historical data trend for Zhejiang Rongtai Electric Material 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 Rongtai Electric Material Co Other Current Assets Chart

Zhejiang Rongtai Electric Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
Get a 7-Day Free Trial 14.69 14.88 5.58 69.49 50.19

Zhejiang Rongtai Electric Material Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 79.39 30.85 50.19 210.25 204.98
SHSE:603119
90GF Score
Zhejiang Rongtai Electric Material Co Ltd SHSE:603119
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Rongtai Electric Material 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 ¥205 Mil mean?
Zhejiang Rongtai Electric Material Co (SHSE:603119) has a Other Current Assets of ¥205 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 Rongtai Electric Material Co.
Is Zhejiang Rongtai Electric Material Co's Other Current Assets too high?
Zhejiang Rongtai Electric Material Co's current Other Current Assets is ¥205 Mil. Overall, Zhejiang Rongtai Electric Material Co has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Rongtai Electric Material Co's Other Current Assets compare to APH and GLW?
Zhejiang Rongtai Electric Material Co's Other Current Assets of ¥205 Mil can be compared against companies in the Hardware 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 a Hardware company?
A good Other Current Assets depends on the Hardware 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 Rongtai Electric Material Co. Zhejiang Rongtai Electric Material Co's current Other Current Assets is ¥205 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Rongtai Electric Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Rongtai Electric Material Co (SHSE:603119) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥38.40, compared to a current price of ¥50.58 — trading 31.7% above its estimated fair value. The current Other Current Assets is ¥205 Mil. Zhejiang Rongtai Electric Material Co's overall GF Score™ is 90/100 with 2 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 Rongtai Electric Material Co (SHSE:603119), the current Other Current Assets is ¥205 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.

Is Zhejiang Rongtai Electric Material Co (SHSE:603119) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Rongtai Electric Material Co stock appears to be overvalued. The current stock price of ¥50.58 is trading 31.7% above its estimated GF Value™ of ¥38.40. GuruFocus considers Zhejiang Rongtai Electric Material Co to be Significantly Overvalued.

Key valuation signals for SHSE:603119:

  • Other Current Assets: ¥205 Mil
  • GF Value™: ¥38.40 vs. price of ¥50.58 (31.7% above fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Rongtai Electric Material Co Business Description

Address No. 308, Zhongxing Road, Fengqiao Town, Nanhu, Zhejiang, Jiaxing, CHN, 314007
Zhejiang Rongtai Electric Material Co Ltd is a high-tech enterprise specializing in the research, development, production, and sales of new composite materials of high temperature resistant insulating mica with multiple plants in Zhejiang and Hunan, and is one of the global market leaders in mica products. Its main products include mica rigid materials, flexible materials, heat generating components, thermal management mica safety components and various mica derivative products. its mica products are widely used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances and other related industrial fields, and provide customers with professional one-stop system solutions for electrical and thermal insulation.
90GF Score

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

¥50.58
Price
¥38.40
GF Value