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Qinglong Pipes Industry Group Co (SZSE:002457) Other Current Assets : ¥350 Mil (As of Mar. 2025)


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What is Qinglong Pipes Industry Group Co Other Current Assets?

Qinglong Pipes Industry Group Co's other current assets for the quarter that ended in Mar. 2025 was ¥350 Mil.

Qinglong Pipes Industry Group Co's quarterly other current assets declined from Sep. 2024 (¥299 Mil) to Dec. 2024 (¥264 Mil) but then increased from Dec. 2024 (¥264 Mil) to Mar. 2025 (¥350Mil).

Qinglong Pipes Industry Group Co's annual other current assets declined from Dec. 2022 (¥342 Mil) to Dec. 2023 (¥272 Mil) declined from Dec. 2023 (¥272 Mil) to Dec. 2024 (¥264 Mil).


Qinglong Pipes Industry Group Co Other Current Assets Historical Data

The historical data trend for Qinglong Pipes Industry Group 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.

* Premium members only.

Qinglong Pipes Industry Group Co Other Current Assets Chart

Qinglong Pipes Industry Group 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 157.92 205.71 341.98 271.72 264.11

Qinglong Pipes Industry Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 237.89 299.61 299.05 264.11 349.84

Qinglong Pipes Industry Group 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.


Qinglong Pipes Industry Group Co Other Current Assets Related Terms

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Qinglong Pipes Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Yuehai Road, 11-13th Floor, Ningxia Water Conservancy Research and Development Building, Ningxia Hui Autonomous Region, Jinfeng District, Yinchuan, CHN, 750002
Qinglong Pipes Industry Group Co Ltd engages in the research and development, production, sales and installation services of various mainstream water supply and drainage pipeline products, pipeline corridors, water-saving irrigation products, gas pipelines, new energy-saving heating pipelines and supporting pipe fittings for the above products, as well as the provision of overall water-saving solutions.
Executives
Ren Zhi Chao Supervisors
Huang Yan Qing Directors, executives
Ma Yue Director
Liu Ling Yun Directors, executives
Du Xue Zhi Director
Wang Ping Director
Chen Jia Xing Director
Lu Li Xin Director
Li Hao Executives
Luan Xin Xiang Director
Fang Ji Liang Supervisors
Wang Li Directors, executives
Li Qian Supervisors
Fan Ren Ping Securities Affairs Representative
Xiao Jing Ning Supervisors

Qinglong Pipes Industry Group Co Headlines

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