Shanghai Electric Wind Power Group Co (SHSE:688660) Total Current Assets : ¥14,054 Mil (As of Mar. 2024)

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What is Shanghai Electric Wind Power Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shanghai Electric Wind Power Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥14,054 Mil.

Shanghai Electric Wind Power Group Co Total Current Assets Historical Data

The historical data trend for Shanghai Electric Wind Power 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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Shanghai Electric Wind Power Group Co Total Current Assets Chart

Shanghai Electric Wind Power Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,072.49

24,173.51

20,572.53

18,337.84

14,870.48

Shanghai Electric Wind Power Group Co Quarterly Data
	Mar19	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															18,449.77	17,772.35	17,807.35	14,870.48	14,053.54

Shanghai Electric Wind Power 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.

Shanghai Electric Wind Power Group 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
	=	2210.714	+	10077.661	+	1668.984	+	913.124
	=	14,870

Shanghai Electric Wind Power Group 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
	=	1712.053	+	9117.386	+	2202.002	+	1022.102
	=	14,054

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.

Shanghai Electric Wind Power Group Co (SHSE:688660) 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.

Shanghai Electric Wind Power Group 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)
=	1712.053	-	19528.008	+	0.75 * 4251.236	+	0.5 * 2202.002
=	-13,527

Shanghai Electric Wind Power Group Co Total Current Assets Related Terms

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Shanghai Electric Wind Power Group Co (SHSE:688660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shanghai Electric Wind Power Group Co Ltd (SHSE:688660) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 555, Dongchuan Road, 8th Floor, Building, Minhang District, Shanghai, CHN, 200240

Website

https://www.shanghai-electric.com

Shanghai Electric Wind Power Group Co Ltd is engaged in the design, research and development, manufacturing and sales, and aftermarket supporting services of Wind power equipment.

Executives

Huang Feng Feng	senior management
Wang Hong Chun	Supervisors
Qiao Yin Ping	Director
Wang Yong	Directors, senior managers
Liu Xiang Nan	Directors, senior managers
Wu Gai	Directors, senior managers
Wang Ming Jun	senior management
Zheng Gang	Directors, senior managers
Zhu Zhi Quan	Core technical personnel

Shanghai Electric Wind Power Group Co (SHSE:688660) Headlines

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