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Shenzhen S.C New Energy Technology (SZSE:300724) Other Current Assets : ¥826 Mil (As of Mar. 2025)


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What is Shenzhen S.C New Energy Technology Other Current Assets?

Shenzhen S.C New Energy Technology's other current assets for the quarter that ended in Mar. 2025 was ¥826 Mil.

Shenzhen S.C New Energy Technology's quarterly other current assets declined from Sep. 2024 (¥1,738 Mil) to Dec. 2024 (¥646 Mil) but then increased from Dec. 2024 (¥646 Mil) to Mar. 2025 (¥826Mil).

Shenzhen S.C New Energy Technology's annual other current assets increased from Dec. 2022 (¥580 Mil) to Dec. 2023 (¥2,796 Mil) declined from Dec. 2023 (¥2,796 Mil) to Dec. 2024 (¥646 Mil).


Shenzhen S.C New Energy Technology Other Current Assets Historical Data

The historical data trend for Shenzhen S.C New Energy Technology'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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Shenzhen S.C New Energy Technology Other Current Assets Chart

Shenzhen S.C New Energy Technology 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 148.85 243.54 580.34 2,796.40 646.32

Shenzhen S.C New Energy Technology 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 2,804.45 2,348.58 1,738.23 646.32 826.35

Shenzhen S.C New Energy Technology 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.


Shenzhen S.C New Energy Technology Other Current Assets Related Terms

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Shenzhen S.C New Energy Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 62, Jinniu East Road, Longtian Street, 1st to 6th Floor, Zhukeng Community, Pingshan District, Shenzhen, CHN, 518115
Shenzhen S.C New Energy Technology Corp is a Chinese photo-voltaic and green energy equipment manufacturer. The company offerings are categorized into five categories from mono/multi-Crystalline texturing equipment, diffusion furnace, PSG removal and edge isolation equipment, PECVD to intelligent automation equipment. Its products include Automatic Mono-Crystalline Texturing Equipment, DOA Equipment, Integrated Mono-crystalline/ MCCE Texturing Equipment, Automatic Ultrasonic Wafer Cleaning Equipment, Drying oven, LED devices, and also offers Crystalline Solar Cell Production Line Turnkey Solution.
Executives
Liang Mei Zhen Director
Li Shi Jun Directors, executives
Zuo Guo Jun Directors, executives
Wu Bo Directors, executives
Zhang Yong Supervisors

Shenzhen S.C New Energy Technology Headlines

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