Shenzhen VMAX New Energy Group Co (SHSE:688612) Total Current Assets : ¥5,847 Mil (As of Mar. 2025)

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What is Shenzhen VMAX New Energy Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shenzhen VMAX New Energy Group Co's total current assets for the quarter that ended in Mar. 2025 was ¥5,847 Mil.

Shenzhen VMAX New Energy Group Co Total Current Assets Historical Data

The historical data trend for Shenzhen VMAX New Energy 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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Shenzhen VMAX New Energy Group Co Total Current Assets Chart

Shenzhen VMAX New Energy Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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747.31

1,777.27

3,095.52

5,875.40

6,141.60

Shenzhen VMAX New Energy Group Co Quarterly Data
	Dec17	Dec18	Mar19	Sep19	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Current Assets	Get a 7-Day Free Trial															5,799.19	5,390.54	6,020.10	6,141.60	5,847.45

Shenzhen VMAX New Energy 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.

Shenzhen VMAX New Energy Group Co's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2962.902	+	2240.099	+	885.625	+	52.971
	=	6,142

Shenzhen VMAX New Energy Group Co's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2701.626	+	2163.547	+	788.75	+	193.527
	=	5,847

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.

Shenzhen VMAX New Energy Group Co (SHSE:688612) 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.

Shenzhen VMAX New Energy Group Co's Liquidation Value for the quarter that ended in Mar. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2701.626	-	4081.279	+	0.75 * 1177.813	+	0.5 * 788.75
=	-102

Shenzhen VMAX New Energy Group Co Total Current Assets Related Terms

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Shenzhen VMAX New Energy Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shenzhen VMAX New Energy Group Co Ltd (SHSE:688612) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Fifth Industrial Zone, Beihuan Road, One of 501, Fengyun Technology Building, Nanshan, Guangdong, Shenzhen, CHN, 518000

Website

http://www.vmaxpower.com.cn

Shenzhen VMAX New Energy Group Co Ltd is engaged in Research and development, production, sales and technical services of power electronic products related to new energy vehicles. VMAX works with many automobile manufacturers to provide customers with high-quality automotive power domain products and efficient solutions, including but not limited to OBCs, DCDCs, inverters, gearboxes, Electric Vehicle Communication Controller (EVCC), Wireless Electric Vehicle Charging (WEVC) and so on.

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