Hangzhou Advance Gearbox Group Co (SHSE:601177) Total Current Assets : ¥1,920 Mil (As of Sep. 2024)

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What is Hangzhou Advance Gearbox Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hangzhou Advance Gearbox Group Co's total current assets for the quarter that ended in Sep. 2024 was ¥1,920 Mil.

Hangzhou Advance Gearbox Group Co Total Current Assets Historical Data

The historical data trend for Hangzhou Advance Gearbox Group 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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Hangzhou Advance Gearbox Group Co Total Current Assets Chart

Hangzhou Advance Gearbox Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,657.15

1,788.57

2,102.51

1,767.91

1,913.40

Hangzhou Advance Gearbox Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															2,063.42	1,913.40	1,787.97	1,869.15	1,919.67

Hangzhou Advance Gearbox Group 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.

Hangzhou Advance Gearbox Group 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
	=	455.089	+	552.94	+	875.909	+	29.461
	=	1,913

Hangzhou Advance Gearbox Group Co's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	416.985	+	775.925	+	690.685	+	36.073
	=	1,920

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.

Hangzhou Advance Gearbox Group Co (SHSE:601177) 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.

Hangzhou Advance Gearbox Group Co's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	416.985	-	2344.925	+	0.75 * 635.097	+	0.5 * 690.685
=	-1,106

Hangzhou Advance Gearbox Group Co Total Current Assets Related Terms

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Hangzhou Advance Gearbox Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Advance Gearbox Group Co Ltd (SHSE:601177) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 45, Xiaojin Road, Xiaoshan, Zhejiang, CHN, 311203

Website

http://www.chinaadvance.com

Hangzhou Advance Gearbox Group Co Ltd is engaged in the design and manufacture of gear transmissions and powder metallurgy products. The product types offered by the company include marine products, engineering products, automotive products, wind power products, industrial transmission products, and agricultural machinery products.

Executives

Deng Lin	senior management
Zhou Huan Hui	senior management
Huang Zhi Heng	senior management
Zhang Meng	senior management
Feng Guang	Director
Hou Bo	senior management
Ou Yang Jian Guo	senior management
Yang Shui Yu	senior management
Xu Gui Qin	Director
Song Bin	senior management
Zhang De Jun	Director
Xu Xue Li	senior management
Mao Jian Rong	Director
Li Cheng Wu	senior management
Tang Hong	senior management

Hangzhou Advance Gearbox Group Co Headlines

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