Baiwang Co (HKSE:06657) Total Current Assets : HK$861.9 Mil (As of Jun. 2024)

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What is Baiwang Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Baiwang Co's total current assets for the quarter that ended in Jun. 2024 was HK$861.9 Mil.

Baiwang Co Total Current Assets Historical Data

The historical data trend for Baiwang Co'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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Baiwang Co Total Current Assets Chart

Baiwang Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

796.25

1,252.39

1,047.94

1,048.14

Baiwang Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial			1,047.94	-	968.13	1,048.14	861.92

Baiwang Co 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.

Baiwang Co'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
	=	779.961	+	156.58	+	4.026	+	107.572
	=	1,048.1

Baiwang Co'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
	=	589.46	+	175.637	+	3.766	+	93.054
	=	861.9

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.

Baiwang Co (HKSE:06657) 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.

Baiwang Co'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)
=	589.46	-	3053.784	+	0.75 * 60.757	+	0.5 * 3.766
=	-2,416.9

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Baiwang Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 81 Beiqing Road, 14th floor & 15th floor, Building No. 1, Division 1, Haidian District, Beijing, CHN

Website

Baiwang Co Ltd is an enterprise digitalization solutions provider in China, focusing on offering cloud-based SaaS solutions and on-premises solutions for financial and tax digitalization solutions, data-driven analytics services as well as other enterprise through Baiwang Cloud platform. It process a variety of transaction documents, including among others, invoices, receipts, bills, and other accounting records, that accurately reflect key business transactions of enterprises.

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