Xingye Alloy Materials Group (HKSE:00505) Total Current Assets : HK$3,655 Mil (As of Dec. 2023)

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What is Xingye Alloy Materials Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xingye Alloy Materials Group's total current assets for the quarter that ended in Dec. 2023 was HK$3,655 Mil.

Xingye Alloy Materials Group Total Current Assets Historical Data

The historical data trend for Xingye Alloy Materials 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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Xingye Alloy Materials Group Total Current Assets Chart

Xingye Alloy Materials Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,724.19

2,407.17

3,189.77

3,490.64

3,654.71

Xingye Alloy Materials 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															3,189.77	3,604.68	3,490.64	3,798.36	3,654.71

Xingye Alloy Materials 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.

Xingye Alloy Materials 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
	=	627.672	+	628.863	+	1443.078	+	955.094
	=	3,655

Xingye Alloy Materials 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
	=	627.672	+	628.863	+	1443.078	+	955.094
	=	3,655

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.

Xingye Alloy Materials Group (HKSE:00505) 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.

Xingye Alloy Materials 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)
=	627.672	-	2925.767	+	0.75 * 625.759	+	0.5 * 1443.078
=	-1,107

Xingye Alloy Materials Group Total Current Assets Related Terms

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Xingye Alloy Materials Group (HKSE:00505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xingye Alloy Materials Group Ltd (HKSE:00505) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

37-39 Hung To Road, Flat 11, 11th Floor, Hung Tai Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.xingyealloy.com

Xingye Alloy Materials Group Ltd is an investment holding company engaged in the copper products business. The principal activities of the company are the manufacturing and sales of high-precision copper plates and strips, trading of raw materials, provision of processing services, the management of a portfolio of investment and development, and operation and distribution of internet and mobile gaming products The company generates its revenue from Mainland China, South Korea, Hong Kong, Taiwan, Bangladesh, India, Thailand, and Other countries.

Executives

Hu Changyuan	2101 Beneficial owner
Yu Yuesu	2202 Interest of your spouse
Ma Jiafeng	2201 Interest of corporation controlled by you
Xie Shicai	2201 Interest of corporation controlled by you
Dynamic Empire Holdings Limited	2201 Interest of corporation controlled by you
Come Fortune International Limited	2101 Beneficial owner
Zedra Trust Company (singapore) Limited	2301 Trustee
Bostone Group Limited	2101 Beneficial owner

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