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Wan Cheng Metal Packaging Co (HKSE:08291) Total Current Assets : HK$99.34 Mil (As of Dec. 2023)


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What is Wan Cheng Metal Packaging Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wan Cheng Metal Packaging Co's total current assets for the quarter that ended in Dec. 2023 was HK$99.34 Mil.

Wan Cheng Metal Packaging Co Total Current Assets Historical Data

The historical data trend for Wan Cheng Metal Packaging 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.

* Premium members only.

Wan Cheng Metal Packaging Co Total Current Assets Chart

Wan Cheng Metal Packaging Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.47 128.98 126.78 95.35 99.34

Wan Cheng Metal Packaging Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.35 - 81.01 - 99.34

Wan Cheng Metal Packaging 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.

Wan Cheng Metal Packaging 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
=36.437+34.162+19.116+9.625
=99.34

Wan Cheng Metal Packaging Co'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
=36.437+34.162+19.116+9.625
=99.34

* 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.

Wan Cheng Metal Packaging Co  (HKSE:08291) 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.

Wan Cheng Metal Packaging Co'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)
=36.437-219.834+0.75 * 45.431+0.5 * 19.116
=-139.77

* 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.

Wan Cheng Metal Packaging Co Total Current Assets Related Terms

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Wan Cheng Metal Packaging Co (HKSE:08291) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Wan Cheng Metal Packaging Co Ltd (HKSE:08291) » Definitions » Total Current Assets
Comparable Companies
HKSE:01239 HKSE:08383 HKSE:02320 HKSE:01629 HKSE:00403 HKSE:01451 BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN TSX:CCL.A BERY GPK REYN
Traded in Other Exchanges
N/A
Address
No. 3 Huada Road, Ronggui Street, Hi-tech Industrial Development Zone, Shunde District, Guangdong Province, Foshan, CHN
Website
http://www.wanchengholdings.com
Wan Cheng Metal Packaging Co Ltd is an investment holding company. It is a manufacturer of tinplate packaging products including tin cans and steel pails. The group operates in one operating segment which is the manufacturing and sales of tinplate packaging products in China. It derives the majority of its geographical revenues from China.
Executives
Liang Zhimei 2101 Beneficial owner
Zhang Zhiwei 2101 Beneficial owner
Liang Jianxun 2101 Beneficial owner
Liang Yingjun 2202 Interest of your spouse
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Liang Sharina
Century Great Investments Limited
Liang Jianheng
Liang Yingjun
Law Sai Hung

Wan Cheng Metal Packaging Co (HKSE:08291) Headlines

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