Solareast Holdings Co (SHSE:603366) Total Current Assets : ¥3,057 Mil (As of Sep. 2024)

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What is Solareast Holdings Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Solareast Holdings Co's total current assets for the quarter that ended in Sep. 2024 was ¥3,057 Mil.

Solareast Holdings Co Total Current Assets Historical Data

The historical data trend for Solareast Holdings 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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Solareast Holdings Co Total Current Assets Chart

Solareast Holdings Co Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,565.77

2,315.14

2,093.58

2,478.17

2,928.73

Solareast Holdings 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															2,857.49	2,928.73	2,850.24	2,932.10	3,056.79

Solareast Holdings 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.

Solareast Holdings 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
	=	571.793	+	522.914	+	894.677	+	939.349
	=	2,929

Solareast Holdings 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
	=	835.221	+	565.442	+	1053.077	+	603.046
	=	3,057

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.

Solareast Holdings Co (SHSE:603366) 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.

Solareast Holdings 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)
=	835.221	-	3170.59	+	0.75 * 314.643	+	0.5 * 1053.077
=	-1,573

Solareast Holdings Co Total Current Assets Related Terms

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Solareast Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solareast Holdings Co Ltd (SHSE:603366) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Ninghai Industrial Zone, Lianyungang, Jiangsu Province, CHN, 222243

Website

http://en.sunrain.com

Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.

Executives

Xu Zhong	senior management
Zhang Ya Ming	senior management
Jiao Qing Tai	senior management
Wan Xu Chang	Directors, senior managers
Zhang Chao	Director
Liu Wen Ling	senior management
Zhang Liang Liang	Director
Sun Ming Yang	Directors, senior managers
Huang Yin Chuan	Director
Zhu Ya Lin	senior management
Li Jun	senior management
Chen Rong Hua	senior management
Li Li Gan	senior management
Liu Wei	Director
Yang Zhi Quan	Supervisors

Solareast Holdings Co Headlines

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