Shandong Airlines Co (SZSE:200152) Total Current Assets : HK$5,377 Mil (As of Mar. 2023)

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What is Shandong Airlines Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shandong Airlines Co's total current assets for the quarter that ended in Mar. 2023 was HK$5,377 Mil.

Shandong Airlines Co Total Current Assets Historical Data

The historical data trend for Shandong Airlines 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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Shandong Airlines Co Total Current Assets Chart

Shandong Airlines Co Annual Data

Trend

Dec13

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Dec19

Dec20

Dec21

Dec22

Total Current Assets

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2,372.06

2,002.27

7,373.13

5,888.95

5,168.29

Shandong Airlines Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Current Assets	Get a 7-Day Free Trial															6,127.29	6,694.10	6,221.35	5,168.29	5,376.94

Shandong Airlines 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.

Shandong Airlines Co's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3860.546	+	522.674	+	202.264	+	582.808
	=	5,168

Shandong Airlines Co's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4399.704	+	621.661	+	199.367	+	156.206
	=	5,377

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.

Shandong Airlines Co (SZSE:200152) 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.

Shandong Airlines Co's Liquidation Value for the quarter that ended in Mar. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4399.704	-	44496.566	+	0.75 * 457.752	+	0.5 * 199.367
=	-39,654

Shandong Airlines Co Total Current Assets Related Terms

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Shandong Airlines Co (SZSE:200152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shandong Airlines Co Ltd (SZSE:200152) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

5746 - East 2nd Ring Road, Shandong Airlines Centre, Shandong, Jinan, CHN, 250014

Website

http://www.sda.cn

Shandong Airlines Co Ltd is mainly engaged in providing passenger and cargo air transport services. The company provides services such as Air Transport Services, Logistics & Freight Forwarding Services, Hotel and Catering Services, as well as Training Services. The business activity of the group is operated through Hong Kong, Macau, Taiwan, and overseas markets. The group derives revenue from the rendering of air services for the carriage of passengers and through royalty.

Shandong Airlines Co (SZSE:200152) Headlines

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