Henan Mingtai Al Industrial Co (SHSE:601677) Total Current Assets : ¥13,844 Mil (As of Mar. 2024)

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What is Henan Mingtai Al Industrial Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Henan Mingtai Al Industrial Co's total current assets for the quarter that ended in Mar. 2024 was ¥13,844 Mil.

Henan Mingtai Al Industrial Co Total Current Assets Historical Data

The historical data trend for Henan Mingtai Al Industrial 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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Henan Mingtai Al Industrial Co Total Current Assets Chart

Henan Mingtai Al Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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7,824.49

8,339.32

12,771.49

11,737.28

13,235.69

Henan Mingtai Al Industrial Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															11,146.69	12,566.73	12,487.24	13,235.69	13,843.77

Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial 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
	=	4116.786	+	4040.365	+	4139.918	+	938.623
	=	13,236

Henan Mingtai Al Industrial Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3216.156	+	4981.681	+	4583.615	+	1062.32
	=	13,844

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.

Henan Mingtai Al Industrial Co (SHSE:601677) 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.

Henan Mingtai Al Industrial Co's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3216.156	-	5443.739	+	0.75 * 2377.381	+	0.5 * 4583.615
=	1,847

Henan Mingtai Al Industrial Co Total Current Assets Related Terms

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Henan Mingtai Al Industrial Co (SHSE:601677) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Henan Mingtai Al Industrial Co Ltd (SHSE:601677) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283

Website

http://hnmtybk.cnal.com/profile.shtml

Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.

Executives

Wang Li Jiao	senior management
Lei Peng	senior management
Hua Xin Min	Director
Sun Jun Xun	senior management
Sun Hui Peng	Supervisors
Liu Jie	Directors, senior managers
He Zhi Gang	senior management
Du You Dong	Director
Hao Ming Xia	senior management
Li Hao Jie	Supervisors
Lei Jing Guo	Director
Ma Yue Ping	Supervisors

Henan Mingtai Al Industrial Co (SHSE:601677) Headlines

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