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Ngai Hing Hong Co (HKSE:01047) Total Current Assets : HK$720 Mil (As of Jun. 2024)


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What is Ngai Hing Hong Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ngai Hing Hong Co's total current assets for the quarter that ended in Jun. 2024 was HK$720 Mil.

Ngai Hing Hong Co Total Current Assets Historical Data

The historical data trend for Ngai Hing Hong Co'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.

Ngai Hing Hong Co Total Current Assets Chart

Ngai Hing Hong Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 685.42 793.09 914.02 696.33 720.05

Ngai Hing Hong Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 914.02 696.80 696.33 676.66 720.05

Ngai Hing Hong Co 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.

Ngai Hing Hong Co's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=104.233+253.878+300.277+61.66
=720

Ngai Hing Hong Co'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
=104.233+253.878+300.277+61.66
=720

* 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.

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.

Ngai Hing Hong Co  (HKSE:01047) 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.

Ngai Hing Hong Co'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)
=104.233-497.586+0.75 * 202.72+0.5 * 300.277
=-91

* 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.

Ngai Hing Hong Co Total Current Assets Related Terms

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Ngai Hing Hong Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ngai Hing Hong Co Ltd (HKSE:01047) » Definitions » Total Current Assets
Comparable Companies
HKSE:01561 HKSE:01950 HKSE:01000 HKSE:01002 HKSE:02116 HKSE:00377 HKSE:00954 HKSE:01932 HKSE:02439 HKSE:00640 LIN SHW XPAR:AI APD ECL XSWX:SIKA XSWX:GIVN DD ISX:TPIA SHSE:600309
Traded in Other Exchanges
N/A
Address
10 Wo Shing Street, Unit 3, 6th Floor, Hopeful Factory Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG
Website
https://www.nhh.com.hk
Ngai Hing Hong Co Ltd is a Hong Kong-based investment holding company. Along with its subsidiaries, the company is involved in the rubber and plastic business sectors. The company is principally engaged in the manufacturing and trading of plastic materials, pigments, colorants, compounded plastic resins, and engineering plastic products. The business of this company is divided into various segments that include Trading, Colorants, Engineering Plastics, and Others. A substantial portion of the company's overall revenue is generated from its Trading business which is involved in the trading of plastic materials.
Executives
Hui Sai Chung 2101 Beneficial owner

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