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Redsun Properties Group (HKSE:01996) Total Current Assets : HK$57,136 Mil (As of Dec. 2023)


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What is Redsun Properties Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Redsun Properties Group's total current assets for the quarter that ended in Dec. 2023 was HK$57,136 Mil.


Redsun Properties Group Total Current Assets Historical Data

The historical data trend for Redsun Properties Group'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.

Redsun Properties Group Total Current Assets Chart

Redsun Properties Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 82,675.15 109,453.71 125,097.59 82,197.48 57,135.63

Redsun Properties Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 125,097.59 105,766.11 82,197.48 73,835.51 57,135.63

Redsun Properties Group 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.

Redsun Properties Group's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Redsun Properties Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.


Redsun Properties Group  (HKSE:01996) 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.

Redsun Properties Group'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)
=1302.494-65717.087+0.75 * 4.783+0.5 * 28816.464
=-50,003

* 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.


Redsun Properties Group Total Current Assets Related Terms

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Redsun Properties Group (HKSE:01996) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Daqiao North Road, 26th Floor, Hong Yang Building, Pukou District, Jiangsu Province, Nanjing, CHN
Redsun Properties Group Ltd is a China-based company engages in the property development business. It's business operations consist of three principal business segments: Property Development and Sales; Commercial Property Investment and Operations; and Hotel Operations. The company derived its revenue from sale of its developed residential properties and supporting retail properties, rental income from the investment in and operation of commercial properties, and service fee income from its hotel operaTions.
Executives
Hong Yang Group (holdings) Limited 2201 Interest of corporation controlled by you
Hong Yang Group Company Limited 2201 Interest of corporation controlled by you
Hong Yang International Limited 2201 Interest of corporation controlled by you
Redsun Properties Group (holdings) Limited 2101 Beneficial owner
Chen Sihong 2202 Interest of your spouse
Zeng Huansha 2201 Interest of corporation controlled by you

Redsun Properties Group (HKSE:01996) Headlines

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