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Million Cities Holdings (HKSE:02892) Total Current Assets : HK$1,315.0 Mil (As of Dec. 2023)


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What is Million Cities Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Million Cities Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$1,315.0 Mil.


Million Cities Holdings Total Current Assets Historical Data

The historical data trend for Million Cities 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.

Million Cities Holdings Total Current Assets Chart

Million Cities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 4,003.67 3,357.28 2,873.99 2,117.86 1,315.03

Million Cities Holdings Semi-Annual Data
Dec15 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 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 2,573.39 2,117.86 2,063.92 1,315.03 -

Million Cities 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.

Million Cities Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Million Cities Holdings'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.


Million Cities Holdings  (HKSE:02892) 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.

Million Cities Holdings'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)
=397.363-899.639+0.75 * 0.343+0.5 * 722.227
=-140.9

* 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.


Million Cities Holdings Total Current Assets Related Terms

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Million Cities Holdings Business Description

Traded in Other Exchanges
N/A
Address
57 Ting Kok Road, Unit D, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po New Territories, Hong Kong, HKG
Million Cities Holdings Ltd is an investment holding company engaged in property development. The company generates revenues from the sale of properties and gross rentals from properties. It derives all of its revenues from China.
Executives
East Asia International Trustees Limited 2301 Trustee
Fortune Speed Investments Ltd. 2101 Beneficial owner
Happy Family Assets Limited 2201 Interest of corporation controlled by you
Winnermax Management Limited 2201 Interest of corporation controlled by you
Wang Kam Chu 2202 Interest of your spouse
Wong Ting Chung 2305 Beneficiary of a trust
Tsoi Suet Ngai 2202 Interest of your spouse
Wong Ting Chun 2305 Beneficiary of a trust
Chan Ka Wai 2202 Interest of your spouse
Wong Ting Kau 2305 Beneficiary of a trust
Lau Ka Keung 2202 Interest of your spouse
Wong Wai Ling 2305 Beneficiary of a trust

Million Cities Holdings Headlines

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