Ming Yuan Cloud Group Holdings (HKSE:00909) Total Current Assets : HK$5,188 Mil (As of Dec. 2023)

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What is Ming Yuan Cloud Group Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ming Yuan Cloud Group Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$5,188 Mil.

Ming Yuan Cloud Group Holdings Total Current Assets Historical Data

The historical data trend for Ming Yuan Cloud Group 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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Ming Yuan Cloud Group Holdings Total Current Assets Chart

Ming Yuan Cloud Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,099.94

8,546.78

7,730.92

5,774.36

5,188.26

Ming Yuan Cloud Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial							7,730.92	6,426.68	5,774.36	5,234.39	5,188.26

Ming Yuan Cloud Group 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.

Ming Yuan Cloud Group 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
	=	4665.456	+	160.601	+	10.43	+	351.777
	=	5,188

Ming Yuan Cloud Group 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
	=	4665.456	+	160.601	+	10.43	+	351.777
	=	5,188

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.

Ming Yuan Cloud Group Holdings (HKSE:00909) 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.

Ming Yuan Cloud Group 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)
=	4665.456	-	1004.374	+	0.75 * 72.373	+	0.5 * 10.43
=	3,721

Ming Yuan Cloud Group Holdings Total Current Assets Related Terms

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Ming Yuan Cloud Group Holdings (HKSE:00909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ming Yuan Cloud Group Holdings Ltd (HKSE:00909) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

18 Gaoxin South 4th Road, 501-509, East Block, Nanshan District, Skyworth Semiconductor Design Building, Gaoxin Community, Yuehai Subdistrict, Shenzhen, CHN

Website

https://www.mingyuanyun.com

Ming Yuan Cloud Group Holdings Ltd is a provider of enterprise-grade ERP solutions and SaaS products to property developers and other industry participants along the real estate value chain in China. The company's ERP solutions and SaaS products enable property developers and other real estate industry participants such as construction materials suppliers and property asset management companies to streamline and digitalize their business operations. It generates maximum revenue from the SaaS products segment.

Executives

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Tmf Trust (hk) Limited	2301 Trustee
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Chen Xiaohui	2307 Founder of a discretionary trust who can infl
Mindfree Holdings Limited	2201 Interest of corporation controlled by you
Hengxinyuan Investment Limited	2101 Beneficial owner
Sunshinemorning Holdings Limited	2201 Interest of corporation controlled by you

Ming Yuan Cloud Group Holdings (HKSE:00909) Headlines

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