Diwang Industrial Holdings (HKSE:01950) Total Current Assets : HK$605.2 Mil (As of Jun. 2024)

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What is Diwang Industrial Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Diwang Industrial Holdings's total current assets for the quarter that ended in Jun. 2024 was HK$605.2 Mil.

Diwang Industrial Holdings Total Current Assets Historical Data

The historical data trend for Diwang Industrial 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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Diwang Industrial Holdings Total Current Assets Chart

Diwang Industrial Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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202.31

237.64

343.86

600.09

595.13

Diwang Industrial Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial										343.86	390.53	600.09	605.19	595.13

Diwang Industrial 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.

Diwang Industrial 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
	=	63.958	+	264.739	+	118.469	+	152.922
	=	600.1

Diwang Industrial 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
	=	53.994	+	260.49	+	185.143	+	105.567
	=	605.2

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.

Diwang Industrial Holdings (HKSE:01950) 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.

Diwang Industrial 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)
=	53.994	-	136.05	+	0.75 * 230.287	+	0.5 * 185.143
=	183.2

Diwang Industrial Holdings Total Current Assets Related Terms

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Diwang Industrial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Diwang Industrial Holdings Ltd (HKSE:01950) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.2, Jiangshan Road, Meicheng Town, Jiande County, Zhejiang Province, Hangzhou, CHN

Website

http://www.slkj.cn

Diwang Industrial Holdings Ltd, formerly Sunlight Technology Holdings Ltd, is an investment holding company mainly engaged in the faux leather chemicals business. The Company's business includes research and development, manufacturing and sale of coating agents and synthetic resins. The Company provides a wide range of faux leather chemical products, including colorants, namely, color paste and color chips, finishes, additives, and synthetic resins, for the manufacturing of polyurethane (PU) leather and polyvinyl chloride (PVC) leather. The Company distributes its products within the domestic market and to overseas markets.

Executives

Zheng Xiuyue	2101 Beneficial owner
Wong Waiyip
Cai Jianming	2201 Interest of corporation controlled by you
Chen Hua	2201 Interest of corporation controlled by you
Chen Yong	2201 Interest of corporation controlled by you
He Zhangcai	2201 Interest of corporation controlled by you
Li Xiangyu	2201 Interest of corporation controlled by you
Lilian Global Investment Limited	2101 Beneficial owner
Liu Jing	2201 Interest of corporation controlled by you
Sunlight Global Investment Limited	2101 Beneficial owner
Zhao Xuesheng	2201 Interest of corporation controlled by you
Zhu Jianqin	2201 Interest of corporation controlled by you

Diwang Industrial Holdings Headlines

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