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Baota Industry Co (SZSE:000595) Total Current Assets : ¥538.8 Mil (As of Mar. 2024)


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What is Baota Industry Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Baota Industry Co's total current assets for the quarter that ended in Mar. 2024 was ¥538.8 Mil.


Baota Industry Co Total Current Assets Historical Data

The historical data trend for Baota Industry 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.

Baota Industry Co Total Current Assets Chart

Baota Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 681.27 850.33 678.08 607.39 553.45

Baota Industry Co Quarterly Data
Jun19 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 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 Premium Member Only Premium Member Only 589.19 594.02 572.16 553.45 538.75

Baota Industry 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.

Baota Industry Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Baota Industry Co's Total Current Assets for the quarter that ended in Mar. 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.


Baota Industry Co  (SZSE:000595) 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.

Baota Industry 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)
=81.565-547.768+0.75 * 147.505+0.5 * 191.609
=-259.8

* 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.


Baota Industry Co Total Current Assets Related Terms

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Baota Industry Co (SZSE:000595) Business Description

Traded in Other Exchanges
N/A
Address
No. 630 Beijing West Road, Xixia District, Yinchuan, Ningxia, CHN, 750021
Baota Industry Co Ltd operates in the bearing industry. The company can produce bearings from 40mm to 3500mm in diameter. The products of the company are used in rail transit, military industry, precision motor, petroleum machinery, metallurgy machinery, heavy truck, construction machinery, mining machinery, cement machinery and hydraulic engineering. Its products are sold all over China and exported to over 50 countries and regions, such as Europe, America, Asia, and Africa.
Executives
Xu Hong Chang Supervisors
Yao Zhan Wen Executives
Lu Xing Liang Directors, executives
Du Jian Wen Executives
Wang Jing Bo Director
Feng Yu Directors, executives
Zhou Jia Feng Directors, executives
Zhao Li Bao Director
Suo Zhan Hai Executives
Qian Cheng Director
Yan Hai Xiang Executives
Hao Peng Executives
Wang Yu Cai Executives
Zhen Hai Yang Directors, executives
Zhang Li Zhong Director

Baota Industry Co (SZSE:000595) Headlines

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