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Jinlongyu Group Co (SZSE:002882) Total Current Assets : ¥2,882 Mil (As of Mar. 2024)


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What is Jinlongyu Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jinlongyu Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,882 Mil.

Jinlongyu Group Co Total Current Assets Historical Data

The historical data trend for Jinlongyu 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.

* Premium members only.

Jinlongyu Group Co Total Current Assets Chart

Jinlongyu Group 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 1,993.58 2,218.30 2,639.11 2,270.44 2,729.87

Jinlongyu 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 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 2,313.77 2,426.25 2,500.40 2,729.87 2,882.37

Jinlongyu 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.

Jinlongyu 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
=645.726+1459.17+588.343+36.635
=2,730

Jinlongyu 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
=675.753+1466.665+701.377+38.57
=2,882

* 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.

Jinlongyu Group Co  (SZSE:002882) 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.

Jinlongyu 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)
=675.753-1300.003+0.75 * 1102.583+0.5 * 701.377
=553

* 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.

Jinlongyu Group Co Total Current Assets Related Terms

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Jinlongyu Group Co (SZSE:002882) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jinlongyu Group Co Ltd (SZSE:002882) » Definitions » Total Current Assets
Comparable Companies
SZSE:300913 SZSE:300842 SZSE:300341 SZSE:002491 SZSE:300548 SHSE:600973 SHSE:603070 SHSE:603859 SZSE:002782 SZSE:300480 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT
Traded in Other Exchanges
N/A
Address
Phuket Sheung Shui Road, Jinlong Yu Group Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518112
Website
http://Www.szjly.com
Jinlongyu Group Co Ltd is a wire and cable manufacturing company in South China. The principal business activities of the company include research and development, production, sales and service of wire and cable. Its main wire and cable products mainly include polyethylene insulated power cable, insulated PVC sheathed power cable, overhead insulated cables, steel core aluminum stranded wire, copper - aluminum core power cable and computer cables and control cables. The products of Jinlongyu Group are exported to a number of countries and regions such as Singapore, Australia, Hong Kong, among others.
Executives
Ji Xing Dan Directors, executives
Xia Lan Directors, executives
Feng Bo Executives
Lu Zhi Cai Directors, executives
Zhou Yong Hua Executives
Zheng Kang Jun Director
Xiong Zhong Hong Executives
Li Si Xi Director
Ji Gui Xin Supervisors

Jinlongyu Group Co (SZSE:002882) Headlines

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