Ganfeng Lithium Group Co (SZSE:002460) Total Current Assets : ¥21,925 Mil (As of Sep. 2024)

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What is Ganfeng Lithium Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ganfeng Lithium Group Co's total current assets for the quarter that ended in Sep. 2024 was ¥21,925 Mil.

Ganfeng Lithium Group Co Total Current Assets Historical Data

The historical data trend for Ganfeng Lithium 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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Ganfeng Lithium Group Co Total Current Assets Chart

Ganfeng Lithium Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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5,717.03

8,774.83

14,626.74

31,966.04

28,184.40

Ganfeng Lithium Group 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															31,128.73	28,184.40	25,667.56	23,916.01	21,925.38

Ganfeng Lithium 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.

Ganfeng Lithium 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
	=	9571.73	+	6813.252	+	8263.955	+	3535.46
	=	28,184

Ganfeng Lithium Group 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
	=	7055.749	+	4732.35	+	8261.337	+	1875.945
	=	21,925

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.

Ganfeng Lithium Group Co (SZSE:002460) 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.

Ganfeng Lithium Group 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)
=	7055.749	-	46545.328	+	0.75 * 3525.069	+	0.5 * 8261.337
=	-32,715

Ganfeng Lithium Group Co Total Current Assets Related Terms

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Ganfeng Lithium Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ganfeng Lithium Group Co Ltd (SZSE:002460) » Definitions » Total Current Assets

Traded in Other Exchanges

GNENY:USA GNENF:USA 01772:Hong Kong 39EA:Germany

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.ganfenglithium.com

Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

Executives

Fu Li Hua	Executives
Li Liang Bin	Director
Wang Xiao Shen	Directors, executives
Shen Hai Bo	Directors, executives
Xu Jian Hua	Executives
Yang Man Ying	Executives
Gong Yong	Supervisors
Deng Zhao Nan	Directors, executives
Tang Xiao Qiang	Supervisors
Zou Jian	Supervisors
Liu Ming	Executives
Zhang Bao Xiu	Supervisors
Yu Xiao Li	Securities Affairs Representative
Ou Yang Ming	Directors, executives
Cao Zhi Ang	Supervisors

Ganfeng Lithium Group Co Headlines

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