Fufeng Group (FRA:FFO1) Total Current Assets : €2,532 Mil (As of Dec. 2023)

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What is Fufeng Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fufeng Group's total current assets for the quarter that ended in Dec. 2023 was €2,532 Mil.

Fufeng Group Total Current Assets Historical Data

The historical data trend for Fufeng Group'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.

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Fufeng Group Total Current Assets Chart

Fufeng Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,025.62

1,080.28

1,556.39

2,146.49

2,531.99

Fufeng Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															1,556.39	2,360.27	2,146.49	2,030.08	2,531.99

Fufeng Group 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.

Fufeng Group's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	363.725	+	348.274	+	786.391	+	1033.597
	=	2,532

Fufeng Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	363.725	+	348.274	+	786.391	+	1033.597
	=	2,532

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.

Fufeng Group (FRA:FFO1) 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.

Fufeng Group's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	363.725	-	1956.812	+	0.75 * 348.274	+	0.5 * 786.391
=	-939

Fufeng Group Total Current Assets Related Terms

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Fufeng Group (FRA:FFO1) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Fufeng Group Ltd (FRA:FFO1) » Definitions » Total Current Assets

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00546:Hong Kong

Address

12/F, Tower 3,33 Canton Road, Suite 1204B–7A China, Tsim Sha Tsui, Kowloon, Hong Kong City, HKG

Website

http://www.fufeng-group.com

Fufeng Group Ltd manufactures and sells a variety of chemicals primarily used by the food and agricultural industries. The company's operating segments include Food additives; Animal nutrition; High-end amino acid; Colloid and others. It generates maximum revenue from the Food additives segment. The Food additives segment is engaged in the manufacturing and sale of food additives products, including monosodium glutamate (MSG), starch sweeteners, glutamic acid, compound seasoning and corn oil. The majority of revenue comes from China.

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