Shenzhen Highpower Technology Co (SZSE:001283) Total Current Assets : ¥4,205 Mil (As of Sep. 2024)

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What is Shenzhen Highpower Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shenzhen Highpower Technology Co's total current assets for the quarter that ended in Sep. 2024 was ¥4,205 Mil.

Shenzhen Highpower Technology Co Total Current Assets Historical Data

The historical data trend for Shenzhen Highpower Technology 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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Shenzhen Highpower Technology Co Total Current Assets Chart

Shenzhen Highpower Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,275.53

1,765.93

1,937.26

2,743.54

4,781.63

Shenzhen Highpower Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial												3,387.42	4,781.63	4,115.28	4,030.74	4,204.90

Shenzhen Highpower Technology 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.

Shenzhen Highpower Technology 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
	=	2180.624	+	1691.427	+	709.096	+	200.482
	=	4,782

Shenzhen Highpower Technology 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
	=	1161.329	+	1830.306	+	886.847	+	326.421
	=	4,205

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.

Shenzhen Highpower Technology Co (SZSE:001283) 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.

Shenzhen Highpower Technology 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)
=	1161.329	-	6340.941	+	0.75 * 1584.751	+	0.5 * 886.847
=	-3,548

Shenzhen Highpower Technology Co Total Current Assets Related Terms

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Shenzhen Highpower Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Highpower Technology Co Ltd (SZSE:001283) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 68, Xinxia Avenue, Pinghu Street, Building 1, Longgang District, Guangdong Province, Shenzhen, CHN, 518111

Website

https://www.highpowertech.com

Shenzhen Highpower Technology Co Ltd is engaged in the research and development, design, manufacture and sales of Li-ion and Ni-MH batteries, energy storage systems and used battery recycling, as well as providing flexible, reliable & one-stop power solutions for customers.

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