Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Total Current Assets : HK$85.1 Mil (As of Dec. 2023)

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What is Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's total current assets for the quarter that ended in Dec. 2023 was HK$85.1 Mil.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Total Current Assets Historical Data

The historical data trend for Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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.

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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Total Current Assets Chart

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

65.95

113.04

261.89

114.01

85.05

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial								261.89	261.04	114.01	43.76	85.05

Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co'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
	=	81.418	+	1.355	+	0	+	2.281
	=	85.1

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co'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
	=	81.418	+	1.355	+	0	+	2.281
	=	85.1

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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co'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)
=	81.418	-	355.527	+	0.75 * 0.541	+	0.5 * 0
=	-273.7

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Total Current Assets Related Terms

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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd (HKSE:01379) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianyangxia Village, Wenqiao Town, Zhejiang Province, Wenling, CHN

Website

https://www.cnglj.com

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd is engaged in an established measuring and cutting tools trading centre operator in China. The principal activity and source of revenue of the group were primarily derived from the property leasing business through the operation of the Trading Centre for the measuring and cutting tools industry. The group also engages in real estate investment, development and management business through its material subsidiary, Wenling Sunrise Real Estate Development Co., Ltd.

Executives

Jia Xing Yuan Tai Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Xiang Gang Lei Gen Tou Zi Zhong Xin You Xian Gong Si	2101 Beneficial owner
Zhe Jiang Qian Jiang Mo Tuo Gu Fen You Xian Gong Si	2101 Beneficial owner
Wan Bang De Hang Zhou Tou Zi Guan Li You Xian Gong Si	2101 Beneficial owner
Zhe Jiang Zhong Ma Chuan Dong Gu Fen You Xian Gong Si	2101 Beneficial owner
Xin Jie Beng Ye Zhe Jiang You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Jie Beng Ye Xiang Gang You Xian Gong Si	2101 Beneficial owner
Wen Ling Long Xi Qi Ye Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Han Yi	2101 Beneficial owner

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