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Zibo Qixiang Tengda Chemical Co (SZSE:002408) Total Current Assets : ¥7,549 Mil (As of Mar. 2024)


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What is Zibo Qixiang Tengda Chemical Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zibo Qixiang Tengda Chemical Co's total current assets for the quarter that ended in Mar. 2024 was ¥7,549 Mil.


Zibo Qixiang Tengda Chemical Co Total Current Assets Historical Data

The historical data trend for Zibo Qixiang Tengda Chemical 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.

Zibo Qixiang Tengda Chemical Co Total Current Assets Chart

Zibo Qixiang Tengda Chemical 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 5,548.15 8,677.04 8,959.66 9,112.73 7,439.68

Zibo Qixiang Tengda Chemical 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 10,019.91 9,807.33 8,174.12 7,439.68 7,548.86

Zibo Qixiang Tengda Chemical 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.

Zibo Qixiang Tengda Chemical Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Zibo Qixiang Tengda Chemical 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.


Zibo Qixiang Tengda Chemical Co  (SZSE:002408) 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.

Zibo Qixiang Tengda Chemical 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)
=3144.921-14316.189+0.75 * 1310.521+0.5 * 1488.874
=-9,444

* 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.


Zibo Qixiang Tengda Chemical Co Total Current Assets Related Terms

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Zibo Qixiang Tengda Chemical Co (SZSE:002408) Business Description

Traded in Other Exchanges
N/A
Address
Shandong Province Rubber Factory Road on the 1st, Linzi District, Zibo, CHN, 255438
Zibo Qixiang Tengda Chemical Co Ltd is a China-based company dealing in methyl ethyl ketone, isobutylene, maleic anhydride, disproportioated, butadiene, and carboxyl styrene butadiene latex.
Executives
Che Cheng Ju Directors, executives
Yin Wei Ling Executives
Zhang Jun Secretary Dong
Li Yong Executives
Huang Lei Executives
Zhu Zhen Mao Directors, Directors, and Executives
Fan Jia Yu Director
Bian Li Bin Director
Li Pei Pei Supervisors
Zhuang Jie Supervisors
Zhu Shu Jun Executives
Yang Shu Guang Supervisors
Ma Li Supervisors
Wang Zhu Qing Executives
Bi Ke Dou Director

Zibo Qixiang Tengda Chemical Co (SZSE:002408) Headlines

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