Future World Holdings (HKSE:00572) Total Current Assets : HK$410.49 Mil (As of Dec. 2023)

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What is Future World Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Future World Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$410.49 Mil.

Future World Holdings Total Current Assets Historical Data

The historical data trend for Future World Holdings'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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Future World Holdings Total Current Assets Chart

Future World Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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355.24

154.42

110.34

404.26

410.49

Future World Holdings 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															110.34	147.73	404.26	401.16	410.49

Future World Holdings 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.

Future World Holdings'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
	=	170.554	+	236.644	+	0	+	3.288
	=	410.49

Future World Holdings'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
	=	170.554	+	236.644	+	0	+	3.288
	=	410.49

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.

Future World Holdings (HKSE:00572) 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.

Future World Holdings'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)
=	170.554	-	424.856	+	0.75 * 1.612	+	0.5 * 0
=	-253.09

Future World Holdings Total Current Assets Related Terms

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Future World Holdings (HKSE:00572) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Future World Holdings Ltd (HKSE:00572) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.fw-holdings.com

Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Lai Long Wai	2201 Interest of corporation controlled by you
China Clean Energy Technology Limited	2101 Beneficial owner
Chu Mo Kwan	2101 Beneficial owner
Zhao Zhiqiang	2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat	2101 Beneficial owner
Yang Xuanzi	2101 Beneficial owner
Tan Jinkang	2101 Beneficial owner
Liu Mingzhong	2101 Beneficial owner
East Jumbo Development Limited	2501 Other
Or Den Fung Bonnie	2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

Future World Holdings (HKSE:00572) Headlines

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