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Meihao Medical Group Co (HKSE:01947) Total Current Assets : HK$189.94 Mil (As of Jun. 2023)


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What is Meihao Medical Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Meihao Medical Group Co's total current assets for the quarter that ended in Jun. 2023 was HK$189.94 Mil.

Meihao Medical Group Co Total Current Assets Historical Data

The historical data trend for Meihao Medical Group 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.

Meihao Medical Group Co Total Current Assets Chart

Meihao Medical Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
65.08 75.18 67.88 197.11 166.59

Meihao Medical Group Co Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial 67.88 - 197.11 189.94 166.59

Meihao Medical Group 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.

Meihao Medical Group Co's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=99.978+94.341+2.788+0.0010000000000332
=197.11

Meihao Medical Group Co's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=161.362+26.01+2.564+0
=189.94

* 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.

Meihao Medical Group Co  (HKSE:01947) 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.

Meihao Medical Group Co's Liquidation Value for the quarter that ended in Jun. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=161.362-74.34+0.75 * 1.165+0.5 * 2.564
=89.18

* 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.

Meihao Medical Group Co Total Current Assets Related Terms

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Meihao Medical Group Co (HKSE:01947) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihao Medical Group Co Ltd (HKSE:01947) » Definitions » Total Current Assets
Comparable Companies
HKSE:01134 HKSE:01406 HKSE:00907 HKSE:01120 HKSE:00876 HKSE:08513 HKSE:01358 ISRG XPAR:EL BDX TSE:7741 XSWX:ALC WST OCSE:COLO B RMD TSE:4543 XSWX:STMN XPAR:DIM BAX TSE:7733
Traded in Other Exchanges
N/A
Address
197 Fuqian Street, Lucheng District, Zhejiang Province, Wenzhou, CHN
Website
https://www.meihaomedical.com
Meihao Medical Group Co Ltd is a dental service provider in Wenzhou. It offers services to individuals, covering principally four dental sectors namely, general dentistry, reparative dentistry, implant dentistry, and orthodontics and cosmetic dentistry.
Executives
Wang Xiaomin
Zheng Man
Jian Chi Kang Zhong Guo You Xian Gong Si 2101 Beneficial owner
Mei Hao Zhong Guo You Xian Gong Si 2101 Beneficial owner
Rui Kang Zhong Guo You Xian Gong Si 2101 Beneficial owner

Meihao Medical Group Co (HKSE:01947) Headlines

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