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Min Fu International Holding (HKSE:08511) Total Current Assets : HK$51.85 Mil (As of Sep. 2023)


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What is Min Fu International Holding Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Min Fu International Holding's total current assets for the quarter that ended in Sep. 2023 was HK$51.85 Mil.

Min Fu International Holding Total Current Assets Historical Data

The historical data trend for Min Fu International Holding'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.

Min Fu International Holding Total Current Assets Chart

Min Fu International Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Assets
Get a 7-Day Free Trial 68.65 72.96 69.94 47.50 31.40

Min Fu International Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 41.63 - 31.40 - 51.85

Min Fu International Holding 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.

Min Fu International Holding'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
=4.301+12.579+0+14.517
=31.40

Min Fu International Holding'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
=14.836+12.715+0+24.295
=51.85

* 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.

Min Fu International Holding  (HKSE:08511) 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.

Min Fu International Holding'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)
=14.836-28.487+0.75 * 11.28+0.5 * 0
=-5.19

* 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.

Min Fu International Holding Total Current Assets Related Terms

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Min Fu International Holding (HKSE:08511) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Min Fu International Holding Ltd (HKSE:08511) » Definitions » Total Current Assets
Comparable Companies
HKSE:08218 HKSE:01298 HKSE:00591 TSE:6861 FTV OSTO:HEXA B KEYS GRMN TDY TRMB TSE:7701 CGNX ST NOVT SZSE:002414 VNT COHR MKSI BMI SZSE:300114
Traded in Other Exchanges
N/A
Address
Room 1, 16/F, Financial Centre, 22 Taizi Road, Nanshan district, Shenzhen, CHN
Website
http://www.minfuintl.com
Min Fu International Holding Ltd is an investment holding company. The company is engaged in the provision of smart manufacturing solution provider focusing on precision 3D testing solutions and precision machining solutions in China. It generates maximum revenue from Precision 3D testing solutions. The company products portfolio includes Non-contact optical measurement and Non-contact three-dimensional dynamic measurement.
Executives
Huang Minzhi 2101 Beneficial owner
Huang Minfu 2101 Beneficial owner
Ho Chun Kit Gregory 2201 Interest of corporation controlled by you
Tecway Technology Limited 2101 Beneficial owner
Ifg Swans Holding Ltd. 2101 Beneficial owner
Wu Di 2201 Interest of corporation controlled by you
Theia Vision Capital Limited 2101 Beneficial owner
Theia Vision Capital Limited 2101 Beneficial owner

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