Huitongda Network Co (HKSE:09878) Total Current Assets : HK$30,575 Mil (As of Jun. 2024)

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What is Huitongda Network Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Huitongda Network Co's total current assets for the quarter that ended in Jun. 2024 was HK$30,575 Mil.

Huitongda Network Co Total Current Assets Historical Data

The historical data trend for Huitongda Network 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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Huitongda Network Co Total Current Assets Chart

Huitongda Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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20,908.12

24,035.09

28,594.76

30,590.24

30,023.65

Huitongda Network Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial					33,152.97	30,590.24	33,036.53	30,023.65	30,574.58

Huitongda Network 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.

Huitongda Network 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
	=	7691.396	+	13282.219	+	2823.112	+	6226.927
	=	30,024

Huitongda Network 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
	=	8595.394	+	3656.715	+	2989.711	+	15332.759
	=	30,575

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.

Huitongda Network Co (HKSE:09878) 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.

Huitongda Network 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)
=	8595.394	-	22518.323	+	0.75 * 2049.687	+	0.5 * 2989.711
=	-10,891

Huitongda Network Co Total Current Assets Related Terms

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Huitongda Network Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN

Website

https://www.htd.cn

Huitongda Network Co Ltd is engaged in the sales of a comprehensive suite of merchandise in the PRC and the provision of intelligent business and marketing subscription services, offering merchant solutions and rendering other various related services. Its business lines are the Commerce business which mainly includes direct sales and provision of marketplace service that enables merchants to sell their products to transacting users through the online platform and The service business segment, which mainly represents the provision of intelligent business and marketing SaaS+ subscription service and a collection of merchant solutions. It generates the majority of its revenue from the Commerce business.

Executives

Xu Xiuxian	2101 Beneficial owner
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si	2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si	2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si	2101 Beneficial owner
Wang Jianguo

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