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Hingtex Holdings (HKSE:01968) Total Current Assets : HK$197.0 Mil (As of Jun. 2024)


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What is Hingtex Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hingtex Holdings's total current assets for the quarter that ended in Jun. 2024 was HK$197.0 Mil.

Hingtex Holdings Total Current Assets Historical Data

The historical data trend for Hingtex 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.

* Premium members only.

Hingtex Holdings Total Current Assets Chart

Hingtex Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 369.51 356.13 230.87 190.61 188.17

Hingtex Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 230.87 214.56 190.61 196.97 188.17

Hingtex 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.

Hingtex 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
=60.74+23.836+85.296+20.739
=190.6

Hingtex 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
=57.9+41.732+78.085+19.256
=197.0

* 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.

Hingtex Holdings  (HKSE:01968) 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.

Hingtex 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)
=57.9-82.682+0.75 * 5.274+0.5 * 78.085
=18.2

* 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.

Hingtex Holdings Total Current Assets Related Terms

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Hingtex Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hingtex Holdings Ltd (HKSE:01968) » Definitions » Total Current Assets
Comparable Companies
HKSE:01400 HKSE:08211 HKSE:02223 HKSE:08377 HKSE:00048 HKSE:02307 HKSE:00707 HKSE:08480 HKSE:08471 HKSE:00146 HKSE:02313 TSE:3402 TPE:1402 SZSE:000158 IST:SASA SHSE:601233 BOM:532889 SHSE:600295 AIN TPE:2915
Traded in Other Exchanges
N/A
Address
Gaoping Industrial Area, Guangdong Province, Zhongshan, CHN
Website
https://www.hwtextiles.com.hk
Hingtex Holdings Ltd manufactures and sells denim fabric. It sells denim fabrics and yarns directly to customers, which mainly include garment manufacturers. The company's denim fabrics are categorized into three types, namely non-stretchable denim fabrics, stretchable cotton denim fabrics, and stretchable blended denim fabrics. Geographically, it has a world-wide business presence and derives key revenue from the PRC and Hong Kong.
Executives
Manford Investment Holdings Limited 2101 Beneficial owner
Fung Cheong Chi 2202 Interest of your spouse
Lau Chung Chau 2201 Interest of corporation controlled by you
Li Chi Hiu Lawrence 2202 Interest of your spouse
Li Ka Mei 2202 Interest of your spouse
Tung Cheuk Ming Stanley 2201 Interest of corporation controlled by you
Tung Tsun Hong 2201 Interest of corporation controlled by you
Tung Wai Lai Mabel 2201 Interest of corporation controlled by you
Tung Wai Ting Stephen 2201 Interest of corporation controlled by you
Tung Wei Ling Barbara 2201 Interest of corporation controlled by you

Hingtex Holdings Headlines

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