ZJLD Group (FRA:LH6) Total Current Assets : €1,682.3 Mil (As of Jun. 2024)

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What is ZJLD Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ZJLD Group's total current assets for the quarter that ended in Jun. 2024 was €1,682.3 Mil.

ZJLD Group Total Current Assets Historical Data

The historical data trend for ZJLD 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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ZJLD Group Total Current Assets Chart

ZJLD Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

479.71

738.42

981.13

1,654.43

1,896.12

ZJLD Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial			981.13	1,542.74	1,654.43	1,682.27	1,896.12

ZJLD 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.

ZJLD 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
	=	741.095	+	37.587	+	819.816	+	55.933
	=	1,654.4

ZJLD Group's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	777.407	+	68.778	+	830.85	+	5.2379999999998
	=	1,682.3

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.

ZJLD Group (FRA:LH6) 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.

ZJLD Group's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	777.407	-	622.926	+	0.75 * 28.383	+	0.5 * 830.85
=	591.2

ZJLD Group Total Current Assets Related Terms

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ZJLD Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (FRA:LH6) » Definitions » Total Current Assets

Traded in Other Exchanges

06979:Hong Kong

Address

No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN

Website

https://www.zjld.com

Zhenjiu Lidu, or ZJLD, is one of the leading non-state-owned baijiu distillers in China. It operates a portfolio of baijiu brands with aroma ranging across Jiang, Rich, and Mixed flavors that include Zhen Jiu, Li Du, Xiang Jiao, and Kai Kou Xiao, which contributed 65%, 16%, 12% and 6% of total revenue in 2023, respectively. ZJLD listed on the Hong Kong Stock Exchange in April 2023, ranking it as the ninth largest among the listed baijiu distillers in terms of revenue in 2023. Chairman Wu Xiangdong through Jindong Investment, controls 69% of the firm's total equity stake as of December 2023.

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