Poten Environment Group Co (SHSE:603603) Total Current Assets : ¥1,801.6 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Poten Environment Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Poten Environment Group Co's total current assets for the quarter that ended in Sep. 2023 was ¥1,801.6 Mil.

Poten Environment Group Co Total Current Assets Historical Data

The historical data trend for Poten Environment 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.

* Premium members only.

Poten Environment Group Co Total Current Assets Chart

Poten Environment Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

Get a 7-Day Free Trial

4,449.35

4,024.73

3,236.49

2,170.92

2,127.64

Poten Environment Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial															2,145.37	2,127.64	1,926.04	1,740.94	1,801.63

Poten Environment 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.

Poten Environment Group Co's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	548.621	+	1156.248	+	20.901	+	401.871
	=	2,127.6

Poten Environment Group Co's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	278.861	+	1144.076	+	19.975	+	358.716
	=	1,801.6

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.

Poten Environment Group Co (SHSE:603603) 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.

Poten Environment Group Co's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	278.861	-	5449.432	+	0.75 * 1017.016	+	0.5 * 19.975
=	-4,397.8

Poten Environment Group Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Poten Environment Group Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Poten Environment Group Co (SHSE:603603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Poten Environment Group Co Ltd (SHSE:603603) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 60 Xizhimen North Street, Room 12A06-08, Shougang International Building, Haidian District, Beijing, CHN, 100082

Website

http://www.poten.cn

Poten Environment Group Co Ltd is a China based company engaged in providing integrated water systems and solutions for Urban water environment, Industrial water system, and Ecological restoration and soil remediation. The urban water environment service includes traditional water environment services like water supply, domestic sewage treatment and reclaimed water. The Industrial and energy water systems include coal chemical, petrochemical, fine chemical, thermoelectric, textile and paper, food and beverage, bio-pharmaceutical, electronic machinery and other industrial fields. The Ecological restoration and soil remediation solutions comprise groundwater pollution control, black and odorous water bodies and watershed management, and contaminated site remediation.

Poten Environment Group Co (SHSE:603603) Headlines

No Headlines