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Zhejiang Zhenyuan Share Co (SZSE:000705) Other Current Assets : ¥93 Mil (As of Mar. 2024)


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What is Zhejiang Zhenyuan Share Co Other Current Assets?

Zhejiang Zhenyuan Share Co's other current assets for the quarter that ended in Mar. 2024 was ¥93 Mil.

Zhejiang Zhenyuan Share Co's quarterly other current assets declined from Sep. 2023 (¥123 Mil) to Dec. 2023 (¥76 Mil) but then increased from Dec. 2023 (¥76 Mil) to Mar. 2024 (¥93Mil).

Zhejiang Zhenyuan Share Co's annual other current assets increased from Dec. 2021 (¥72 Mil) to Dec. 2022 (¥144 Mil) declined from Dec. 2022 (¥144 Mil) to Dec. 2023 (¥76 Mil).


Zhejiang Zhenyuan Share Co Other Current Assets Historical Data

The historical data trend for Zhejiang Zhenyuan Share 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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Zhejiang Zhenyuan Share Co Other Current Assets Chart

Zhejiang Zhenyuan Share Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.42 32.88 71.81 143.97 75.51

Zhejiang Zhenyuan Share Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 150.71 104.11 122.72 75.51 92.98

Zhejiang Zhenyuan Share 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.


Zhejiang Zhenyuan Share Co Other Current Assets Related Terms

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Zhejiang Zhenyuan Share Co (SZSE:000705) Business Description

Traded in Other Exchanges
N/A
Address
No. 289 Jiefang North Road, Zhejiang Province, Shaoxing, CHN, 312000
Zhejiang Zhenyuan Share Co Ltd is a China based pharmaceutical company. It is engaged in the engaged in the production and operation of proprietary Chinese medicines, Chinese herbal medicines, Chinese herbal medicines, chemical preparations, chemical raw materials, biochemical drugs, narcotic drugs, psychotropic drugs, medical devices, chemical reagent and others. Further, the firm's business scope covers the pharmaceutical industry, pharmaceutical business, pharmaceutical logistics and health service industry. It holds presence in both Chinese and international market.
Executives
Zhang Yan Na Supervisors
Wu Hai Ming Director
Chen Fu Gen Directors, executives
Wei Min Executives
He Yi Qiang Directors, executives
Dong Jin Biao Supervisors
Xuan Le Xin Supervisors
Jiang Guan Gen Supervisors
Song Yi Ting Directors, executives
Li Cheng Hua Executives
He Yu Long Directors, executives
Li Yang Executives
Ruan Jian Chang Director
Jin Ming Hua Executives
Zhou Qian Li Secretary Dong

Zhejiang Zhenyuan Share Co (SZSE:000705) Headlines

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