New Journey Health Technology Group Co (SZSE:002219) Total Current Assets : ¥2,027 Mil (As of Mar. 2024)

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What is New Journey Health Technology Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. New Journey Health Technology Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,027 Mil.

New Journey Health Technology Group Co Total Current Assets Historical Data

The historical data trend for New Journey Health Technology Group 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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New Journey Health Technology Group Co Total Current Assets Chart

New Journey Health Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,141.42

1,198.96

3,023.85

1,799.88

1,956.01

New Journey Health Technology Group 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															1,963.10	2,031.52	2,084.20	1,956.01	2,027.04

New Journey Health Technology Group 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.

New Journey Health Technology Group 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
	=	580.235	+	1120.876	+	218.546	+	36.352
	=	1,956

New Journey Health Technology Group 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
	=	493.711	+	1256.82	+	229.995	+	46.51
	=	2,027

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.

New Journey Health Technology Group Co (SZSE:002219) 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.

New Journey Health Technology Group 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)
=	493.711	-	3902.372	+	0.75 * 1085.859	+	0.5 * 229.995
=	-2,479

New Journey Health Technology Group Co Total Current Assets Related Terms

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New Journey Health Technology Group Co (SZSE:002219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » New Journey Health Technology Group Co Ltd (SZSE:002219) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Duyiyi Industrial Park, Wangba, Kang County, Gansu Province, Longnan, CHN, 610000

Website

http://www.hkmg.com

New Journey Health Technology Group Co Ltd formerly Hengkang Medical Group Co Ltd is engaged in research, development, and manufacturing of natural herbal medicines. The company's products include analgesic and haemostatic drugs.

Executives

Song Li Hua	Directors, executives
Yu Mei	Directors, executives
Wang Yong	Executives
Zuo Bin Lin	Executives
Tang Can	Director
Duan Zhi Ping	Director
Zhou Xian Min	Director
Guo Kai	Executives

Xie Hai	Executives
Shi Xiao Ming	Executives
Li Yu Fei	Supervisors
Huang Rui	Directors, executives
Pan Yu	Supervisors
Liao Li Dong	Executives

New Journey Health Technology Group Co (SZSE:002219) Headlines

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