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Rendong Holdings Co (SZSE:002647) Total Current Assets : ¥3,148 Mil (As of Mar. 2024)


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What is Rendong Holdings Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rendong Holdings Co's total current assets for the quarter that ended in Mar. 2024 was ¥3,148 Mil.

Rendong Holdings Co Total Current Assets Historical Data

The historical data trend for Rendong Holdings 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.

Rendong Holdings Co Total Current Assets Chart

Rendong Holdings 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 2,047.40 2,081.01 2,104.90 3,225.19 3,003.52

Rendong Holdings 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 2,658.46 2,599.41 2,861.67 3,003.52 3,147.59

Rendong Holdings 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.

Rendong Holdings 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
=2774.701+84.764+0+144.058
=3,004

Rendong Holdings 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
=2906.53+99.909+0+141.152
=3,148

* 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.

Rendong Holdings Co  (SZSE:002647) 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.

Rendong Holdings 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)
=2906.53-4463.364+0.75 * 81.049+0.5 * 0
=-1,496

* 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.

Rendong Holdings Co Total Current Assets Related Terms

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Rendong Holdings Co (SZSE:002647) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rendong Holdings Co Ltd (SZSE:002647) » Definitions » Total Current Assets
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SZSE:000046 SHSE:600621 BOM:532978 ELEKTRA SZSE:000617 TPE:2885 VOYA TSE:8473 BOM:540691 SZSE:000987 OSL:STB SZSE:002797 SHSE:600390 SZSE:002670 BOM:500302 OHEL:MANTA ASX:AMP BKK:TCAP XSGO:BICECORP RILY
Traded in Other Exchanges
N/A
Address
91 Jianguo Road, Chaoyang District, 16th Floor, Block A, Jindi Center, Beijing, CHN, 100025
Website
http://www.mesonft.com
Rendong Holdings Co Ltd operates in the financial services industry. It is organized into three main businesses: third-party payment, commercial factoring, and supply chain management. Its third-party payment related business develops, operates and maintains payment systems and clearing platform system; clearing of trading funds, generation and management of the master key of UnionPay card acceptance terminal. The commercial factoring business is mainly engaged in the insurance agency business. The company's supply chain management business focuses on supply chain management and supply chain financial services.
Executives
Du Hui Qiang Supervisors
Wang Shi Shan Directors, executives
Zhao Jia Director
Ye Guo Qing Supervisors
Wei Zhe Qiang Executives, directors

Rendong Holdings Co (SZSE:002647) Headlines

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