Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Total Current Assets : ¥6,432 Mil (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Pangang Group Vanadium & Titanium Resources Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pangang Group Vanadium & Titanium Resources Co's total current assets for the quarter that ended in Mar. 2024 was ¥6,432 Mil.

Pangang Group Vanadium & Titanium Resources Co Total Current Assets Historical Data

The historical data trend for Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources Co Total Current Assets Chart

Pangang Group Vanadium & Titanium Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

6,224.81

5,081.03

2,341.47

3,992.23

6,512.95

Pangang Group Vanadium & Titanium Resources 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															3,995.79	6,477.13	6,706.90	6,512.95	6,431.63

Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources 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
	=	1645.356	+	909.789	+	1103.506	+	2854.303
	=	6,513

Pangang Group Vanadium & Titanium Resources 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
	=	1070.426	+	1036.964	+	1032.426	+	3291.817
	=	6,432

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.

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) 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.

Pangang Group Vanadium & Titanium Resources 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)
=	1070.426	-	2656.593	+	0.75 * 180.219	+	0.5 * 1032.426
=	-935

Pangang Group Vanadium & Titanium Resources Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Pangang Group Vanadium & Titanium Resources Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pangang Group Vanadium & Titanium Resources Co Ltd (SZSE:000629) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

West Section of Gangcheng Avenue, Panzhihua Culture Square, No. 21, East District, Sichuan Province, Panzhihua, CHN, 617067

Website

http://www.pgvt.cn

Pangang Group Vanadium Titanium & Resources Co Ltd is engaged in manufacturing and distributing vanadium pentoxide, vanadium iron, high-vanadium iron, vanadium trioxide, vanadium nitrogen alloy, titanium dioxide, and titanium dioxide. The company products are used in steel, chemical, military, electronics, and other industries.

Executives

Zhang Yu Dong	Supervisors
Xie Zheng Min	Executives
Liu Jie	Director
Zheng Yong Xiong	Supervisors
Du Si Hong	Executives
Zhang Da De	Director
Wang Zhang Min	Executives
Zhang Zhi Jie	Supervisors
Sun Ren Xiao	Director
Tian Ye	Director
Liu Jun	Executives
Xue Pei Hua	Executives
Xue Shi Cheng	Director
Jiao Jing Min	Executives
Liu Xin Hui	Supervisors

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Headlines

No Headlines