Changjiu Holdings (HKSE:06959) Total Current Assets : HK$347.1 Mil (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Changjiu Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Changjiu Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$347.1 Mil.

Changjiu Holdings Total Current Assets Historical Data

The historical data trend for Changjiu 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.

Changjiu Holdings Total Current Assets Chart

Changjiu Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

223.81

253.10

276.52

347.12

Changjiu Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial			253.10	-	276.52	288.58	347.12

Changjiu 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.

Changjiu 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
	=	146.814	+	174.872	+	0	+	25.438
	=	347.1

Changjiu Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	146.814	+	174.872	+	0	+	25.438
	=	347.1

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.

Changjiu Holdings (HKSE:06959) 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.

Changjiu 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)
=	146.814	-	212.196	+	0.75 * 174.872	+	0.5 * 0
=	65.8

Changjiu Holdings Total Current Assets Related Terms

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

Changjiu Holdings (HKSE:06959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Changjiu Holdings Ltd (HKSE:06959) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99 Shigezhuang Road, Changjiu Building, Chaoyang, Beijing, CHN

Website

Changjiu Holdings Ltd provides pledged vehicle monitoring services and automobile dealership operation management services in China. It offers pledged vehicle monitoring services primarily to (i) financial institutions that provide secured financing to automobile dealerships for their purchase of vehicles; and (ii) automobile dealerships with pledged vehicles.

Executives

Bo Shijiu
Li Guiping
Advancd Limited
Advancey Limited
Brighht Limited
Brightio Limited

Changjiu Holdings (HKSE:06959) Headlines

No Headlines