Qinglong Pipes Industry Group Co (SZSE:002457) Total Current Assets : ¥3,144 Mil (As of Mar. 2025)

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What is Qinglong Pipes Industry Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Qinglong Pipes Industry Group Co's total current assets for the quarter that ended in Mar. 2025 was ¥3,144 Mil.

Qinglong Pipes Industry Group Co Total Current Assets Historical Data

The historical data trend for Qinglong Pipes Industry 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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Qinglong Pipes Industry Group Co Total Current Assets Chart

Qinglong Pipes Industry Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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2,438.09

2,883.05

3,087.10

3,051.26

3,249.44

Qinglong Pipes Industry Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Current Assets	Get a 7-Day Free Trial															3,015.04	3,157.66	3,237.20	3,249.44	3,143.65

Qinglong Pipes Industry 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.

Qinglong Pipes Industry Group Co's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	597.745	+	1724.935	+	662.655	+	264.105
	=	3,249

Qinglong Pipes Industry Group Co's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	443.26	+	1627.712	+	722.843	+	349.836
	=	3,144

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.

Qinglong Pipes Industry Group Co (SZSE:002457) 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.

Qinglong Pipes Industry Group Co's Liquidation Value for the quarter that ended in Mar. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	443.26	-	1754.381	+	0.75 * 1533.289	+	0.5 * 722.843
=	200

Qinglong Pipes Industry Group Co Total Current Assets Related Terms

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Qinglong Pipes Industry Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qinglong Pipes Industry Group Co Ltd (SZSE:002457) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 41, Yuehai Road, 11-13th Floor, Ningxia Water Conservancy Research and Development Building, Ningxia Hui Autonomous Region, Jinfeng District, Yinchuan, CHN, 750002

Website

http://www.qlgd.com.cn

Qinglong Pipes Industry Group Co Ltd engages in the research and development, production, sales and installation services of various mainstream water supply and drainage pipeline products, pipeline corridors, water-saving irrigation products, gas pipelines, new energy-saving heating pipelines and supporting pipe fittings for the above products, as well as the provision of overall water-saving solutions.

Executives

Ren Zhi Chao	Supervisors
Huang Yan Qing	Directors, executives
Ma Yue	Director
Liu Ling Yun	Directors, executives
Du Xue Zhi	Director
Wang Ping	Director
Chen Jia Xing	Director
Lu Li Xin	Director
Li Hao	Executives
Luan Xin Xiang	Director
Fang Ji Liang	Supervisors
Wang Li	Directors, executives
Li Qian	Supervisors
Fan Ren Ping	Securities Affairs Representative
Xiao Jing Ning	Supervisors

Qinglong Pipes Industry Group Co Headlines

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