Ching Lee Holdings (HKSE:03728) Total Current Assets : HK$487.3 Mil (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Ching Lee Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ching Lee Holdings's total current assets for the quarter that ended in Sep. 2023 was HK$487.3 Mil.

Ching Lee Holdings Total Current Assets Historical Data

The historical data trend for Ching Lee 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.

Ching Lee Holdings Total Current Assets Chart

Ching Lee Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

Get a 7-Day Free Trial

381.72

459.68

361.56

259.13

506.12

Ching Lee Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															343.21	259.13	364.27	506.12	487.33

Ching Lee 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.

Ching Lee Holdings's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	57.368	+	424.011	+	0	+	24.738
	=	506.1

Ching Lee Holdings's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	38.04	+	424.556	+	0	+	24.738
	=	487.3

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.

Ching Lee Holdings (HKSE:03728) 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.

Ching Lee Holdings's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	38.04	-	442.259	+	0.75 * 40.052	+	0.5 * 0
=	-374.2

Ching Lee Holdings Total Current Assets Related Terms

Thank you for viewing the detailed overview of Ching Lee Holdings's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Ching Lee Holdings (HKSE:03728) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ching Lee Holdings Ltd (HKSE:03728) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Shanghai Street, Room 203-204, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG

Website

https://www.chingleeholdings.com

Ching Lee Holdings Ltd is an investment holding company. It is engaged in providing substructure building works services, superstructure building works services and repair, maintenance, alteration and addition works services. Substructure building works refer to building works in relation to the parts of the structure below or above the ground level respectively while repair, maintenance, alteration and addition work services segment accounts for existing structing. The superstructure works projects consist of demolition and hoarding, site formation and foundation works and RMAA works services segment. Majority of the company's revenue comes from the superstructure building work services. The group is based in Hong Kong.

Executives

Ng Choi Wah

2101 Beneficial owner

Ching Lee Holdings (HKSE:03728) Headlines

No Headlines