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Xi an Actionpower Electric Co (SHSE:688719) Total Current Assets : ¥1,951.1 Mil (As of Sep. 2024)


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What is Xi an Actionpower Electric Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xi an Actionpower Electric Co's total current assets for the quarter that ended in Sep. 2024 was ¥1,951.1 Mil.


Xi an Actionpower Electric Co Total Current Assets Historical Data

The historical data trend for Xi an Actionpower Electric 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.

Xi an Actionpower Electric Co Total Current Assets Chart

Xi an Actionpower Electric Co Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 352.18 511.08 617.37 740.57 2,117.06

Xi an Actionpower Electric Co Quarterly Data
Dec12 Dec13 Dec14 Mar15 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,162.75 2,117.06 2,080.35 2,036.22 1,951.11

Xi an Actionpower Electric 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.

Xi an Actionpower Electric Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Xi an Actionpower Electric Co's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

* 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.

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.


Xi an Actionpower Electric Co  (SHSE:688719) 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.

Xi an Actionpower Electric 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)
=902.616-582.507+0.75 * 518.99+0.5 * 388.783
=903.7

* 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.


Xi an Actionpower Electric Co Total Current Assets Related Terms

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Xi an Actionpower Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Information Avenue, New Industrial Park, High-tech Zone, Shaanxi, Xi'an, CHN, 710119
Xi an Actionpower Electric Co Ltd is engaged in research and development, production and sales of power electronic conversion and control equipment.

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