Dazhong Mining Co (SZSE:001203) Total Current Assets : ¥1,737 Mil (As of Sep. 2024)

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What is Dazhong Mining Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Dazhong Mining Co's total current assets for the quarter that ended in Sep. 2024 was ¥1,737 Mil.

Dazhong Mining Co Total Current Assets Historical Data

The historical data trend for Dazhong Mining 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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Dazhong Mining Co Total Current Assets Chart

Dazhong Mining Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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883.67

871.25

1,784.56

4,041.02

1,298.95

Dazhong Mining Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															2,683.41	1,298.95	2,199.44	2,370.21	1,736.69

Dazhong Mining 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.

Dazhong Mining 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
	=	324.702	+	359.234	+	494.656	+	120.356
	=	1,299

Dazhong Mining Co's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	670.37	+	319.059	+	556.587	+	190.671
	=	1,737

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.

Dazhong Mining Co (SZSE:001203) 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.

Dazhong Mining 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)
=	670.37	-	8517.309	+	0.75 * 109.094	+	0.5 * 556.587
=	-7,487

Dazhong Mining Co Total Current Assets Related Terms

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Dazhong Mining Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dazhong Mining Co Ltd (SZSE:001203) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Xiao Shetai Secretary Gou, Urad Front Banner, Inner Mongolia Autonomous Region, Bayannaoer, CHN, 014030

Website

http://www.dzky.cn

Dazhong Mining Co Ltd is mainly engaged in iron ore mining and dressing, the production and sales of iron concentrate powder and pellets, and the processing and sales of machine-made sand and gravel. The main products are iron powder, pellets, and machine-made sand and gravel.

Executives

Lin Pu Zheng	Secretary Dong
Zhang Jie	Executives
Lin Pu Sheng	Directors, executives
Wu Jiang Hai	Executives

Dazhong Mining Co Headlines

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