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Horizon Construction Development (HKSE:09930) Total Current Assets : HK$13,035 Mil (As of Dec. 2024)


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What is Horizon Construction Development Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Horizon Construction Development's total current assets for the quarter that ended in Dec. 2024 was HK$13,035 Mil.

Horizon Construction Development Total Current Assets Historical Data

The historical data trend for Horizon Construction Development'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.

Horizon Construction Development Total Current Assets Chart

Horizon Construction Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Assets
5,241.51 9,761.67 11,546.77 12,164.68 13,034.91

Horizon Construction Development Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Assets Get a 7-Day Free Trial 11,546.77 12,164.54 12,164.68 12,786.01 13,034.91

Horizon Construction Development 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.

Horizon Construction Development's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1904.106+8028.453+261.698+2840.65
=13,035

Horizon Construction Development's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1904.106+8028.453+261.698+2840.65
=13,035

* 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.

Horizon Construction Development  (HKSE:09930) 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.

Horizon Construction Development's Liquidation Value for the quarter that ended in Dec. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1904.106-26665.997+0.75 * 6268.224+0.5 * 261.698
=-19,930

* 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.

Horizon Construction Development Total Current Assets Related Terms

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Horizon Construction Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon Construction Development Ltd (HKSE:09930) » Definitions » Total Current Assets
Comparable Companies
HKSE:01341 HKSE:01848 HKSE:09680 HKSE:02559 HKSE:00254 HKSE:00474 HKSE:00936 HKSE:01496 HKSE:01581 HKSE:08425 URI LSE:AHT AER FTAI UHAL TSX:EFN XPAR:AYV BSP:RENT3 R GATX
Traded in Other Exchanges
B7H:Germany
Address
200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, Tianjin Pilot Free Trade Zone, Dongjiang Bonded Port Area, Tianjin, CHN
Website
http://www.hongxinjianfa.com
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment which is engaged in leasing equipment and materials to customers and generating revenue mainly from rental fees payable by customers.
Executives
He Zi Ming 2101 Beneficial owner
Far East Horizon Limited 2101 Beneficial owner
Farsighted Wit Limited
Tian Jin Hong Sheng Zu Lin You Xian Gong Si
Tian Jin Hong Jian Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo
Tian Jin Lan Jin Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo
Yuan Dong Guo Ji Rong Zi Zu Lin You Xian Gong Si
Yuan Dong Hong Xin Tian Jin Rong Zi Zu Lin You Xian Gong Si

Horizon Construction Development Headlines

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