Baimtec Material Co (SHSE:688563) Total Current Assets : ¥10,829 Mil (As of Jun. 2024)

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What is Baimtec Material Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Baimtec Material Co's total current assets for the quarter that ended in Jun. 2024 was ¥10,829 Mil.

Baimtec Material Co Total Current Assets Historical Data

The historical data trend for Baimtec Material 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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Baimtec Material Co Total Current Assets Chart

Baimtec Material Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

1,138.33

1,407.61

2,975.15

3,536.45

10,875.80

Baimtec Material Co Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial										3,928.06	10,923.47	10,875.80	10,950.04	10,829.02

Baimtec Material 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.

Baimtec Material 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
	=	6690.21	+	1769.875	+	1244.381	+	1171.336
	=	10,876

Baimtec Material Co's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6646.234	+	2130.374	+	1221.127	+	831.282
	=	10,829

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.

Baimtec Material Co (SHSE:688563) 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.

Baimtec Material Co's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6646.234	-	1334.602	+	0.75 * 1732.966	+	0.5 * 1221.127
=	7,222

Baimtec Material Co Total Current Assets Related Terms

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Baimtec Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Baimtec Material Co Ltd (SHSE:688563) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Yongxiang North Road, Yongfeng High-tech Industrial Base, Haidian, Beijing, CHN, 100094

Website

http://www.baimtec.com.cn

Baimtec Material Co Ltd is committed to the research, development, manufacture and sales of a series of high-tech products based on aviation new materials, new processes and new technologies. The company's main products cover titanium alloy precision castings, high-temperature alloy master alloys, aircraft windshields, hatch covers, transparent parts and components of observation windows, aerospace rubber, sealants, adhesives, elastic components, etc. in the aerospace and other fields.

Executives

Wu Song Hua

Core technical personnel

Baimtec Material Co Headlines

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