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Chongqing Mexin Yishen Machinery Co (BJSE:873833) Total Current Assets : ¥378.0 Mil (As of Sep. 2024)


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What is Chongqing Mexin Yishen Machinery Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Chongqing Mexin Yishen Machinery Co's total current assets for the quarter that ended in Sep. 2024 was ¥378.0 Mil.


Chongqing Mexin Yishen Machinery Co Total Current Assets Historical Data

The historical data trend for Chongqing Mexin Yishen Machinery Co's Total 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.

Chongqing Mexin Yishen Machinery Co Total Current Assets Chart

Chongqing Mexin Yishen Machinery Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 255.56 225.76 335.63 320.72 409.85

Chongqing Mexin Yishen Machinery Co Quarterly Data
Jun16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total 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 - 409.85 387.10 379.76 377.98

Chongqing Mexin Yishen Machinery Co Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Chongqing Mexin Yishen Machinery Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Chongqing Mexin Yishen Machinery Co's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Chongqing Mexin Yishen Machinery Co  (BJSE:873833) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Chongqing Mexin Yishen Machinery Co's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=171.745-123.128+0.75 * 95.746+0.5 * 90.619
=165.7

* 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.


Chongqing Mexin Yishen Machinery Co Total Current Assets Related Terms

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Chongqing Mexin Yishen Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 192, Julong Avenue, Lidu New District, Fuling, Chongqing, CHN, 400060
Chongqing Mexin Yishen Machinery Co Ltd is engaged in research & development, production and sales of compressor crankshafts, general machine crankshafts, motorcycle crankshafts, scrolls and related products.

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