Xin Point Holdings (HKSE:01571) Total Current Assets : HK$2,905 Mil (As of Jun. 2024)

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What is Xin Point Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xin Point Holdings's total current assets for the quarter that ended in Jun. 2024 was HK$2,905 Mil.

Xin Point Holdings Total Current Assets Historical Data

The historical data trend for Xin Point 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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Xin Point Holdings Total Current Assets Chart

Xin Point Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,855.61

2,086.27

1,880.11

2,209.95

2,506.21

Xin Point Holdings Semi-Annual Data
	Dec14	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														1,940.59	2,209.95	2,481.82	2,506.21	2,904.82

Xin Point 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.

Xin Point 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
	=	729.728	+	1120.062	+	654.358	+	2.0660000000003
	=	2,506

Xin Point Holdings'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
	=	1052.877	+	1140.267	+	685.335	+	26.342
	=	2,905

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.

Xin Point Holdings (HKSE:01571) 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.

Xin Point Holdings'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)
=	1052.877	-	1289.363	+	0.75 * 859.336	+	0.5 * 685.335
=	751

Xin Point Holdings Total Current Assets Related Terms

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Xin Point Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xin Point Holdings Ltd (HKSE:01571) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keen Point Hi-tech Industrial Park, Xikeng, Huicheng Distirct, Guangdong Province, Huizhou, CHN

Website

https://www.xinpoint.com

Xin Point Holdings Ltd is an investment holding company. The company is engaged in the manufacture and sale of automotive and electronic components. It generates revenue from two major segments including the sale of non-automotive components; and sale of automotive decorative components. Geographically, the company operates in China, North America, Europe, and other countries out of which it derives the majority of its revenue from the automotive components segment in China.

Executives

Ma Xiaoming	2101 Beneficial owner
Zhu Junhua	2202 Interest of your spouse
Green Pinnacle Holdings Limited	2101 Beneficial owner
Mealth (ptc) Limited	2201 Interest of corporation controlled by you
Peace World Investments Limited	2101 Beneficial owner
Wong Kun Kau	2101 Beneficial owner

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