China Financial Services Holdings (HKSE:00605) Total Current Assets : HK$1,617.2 Mil (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is China Financial Services Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China Financial Services Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$1,617.2 Mil.

China Financial Services Holdings Total Current Assets Historical Data

The historical data trend for China Financial Services 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.

* Premium members only.

China Financial Services Holdings Total Current Assets Chart

China Financial Services Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

4,675.74

2,925.18

2,533.74

1,935.96

1,617.22

China Financial Services 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															2,533.74	2,217.92	1,935.96	1,682.55	1,617.22

China Financial Services 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.

China Financial Services 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
	=	481.514	+	1121.573	+	0	+	14.129
	=	1,617.2

China Financial Services 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
	=	481.514	+	1121.573	+	0	+	14.129
	=	1,617.2

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.

China Financial Services Holdings (HKSE:00605) 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.

China Financial Services 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)
=	481.514	-	1514.707	+	0.75 * 6.199	+	0.5 * 0
=	-1,028.5

China Financial Services Holdings Total Current Assets Related Terms

Thank you for viewing the detailed overview of China Financial Services Holdings's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

China Financial Services Holdings (HKSE:00605) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Financial Services Holdings Ltd (HKSE:00605) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Harbour Road, Suite 5606, 56th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.cfsh.com.hk

China Financial Services Holdings Ltd is a non-bank financial service provider. The company is involved in providing customized financial services and solutions to small and medium-sized enterprises (SMEs). It is primarily engaged in the direct loan, financial guarantee and financial advisory businesses. The company finances its direct loan services using its own capital. In view of helping SMEs to obtain a loan from financial institutions, the company provides financial guarantee services through its financial guarantee company. Geographically, it has operations in Hong Kong, China, and the United Kingdom. Most of the group's revenue is generated from China.

China Financial Services Holdings (HKSE:00605) Headlines

No Headlines