Jiangsu Changhai Composite Materials Co (SZSE:300196) Total Current Assets : ¥2,686 Mil (As of Sep. 2024)

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What is Jiangsu Changhai Composite Materials Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jiangsu Changhai Composite Materials Co's total current assets for the quarter that ended in Sep. 2024 was ¥2,686 Mil.

Jiangsu Changhai Composite Materials Co Total Current Assets Historical Data

The historical data trend for Jiangsu Changhai Composite Materials 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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Jiangsu Changhai Composite Materials Co Total Current Assets Chart

Jiangsu Changhai Composite Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1,559.11

2,134.44

2,024.47

2,515.67

2,810.03

Jiangsu Changhai Composite Materials 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															3,018.19	2,810.03	2,984.02	2,799.32	2,686.41

Jiangsu Changhai Composite Materials 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.

Jiangsu Changhai Composite Materials 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
	=	1674.768	+	741.382	+	262.088	+	131.792
	=	2,810

Jiangsu Changhai Composite Materials 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
	=	1334.189	+	992.634	+	248.46	+	111.125
	=	2,686

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.

Jiangsu Changhai Composite Materials Co (SZSE:300196) 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.

Jiangsu Changhai Composite Materials 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)
=	1334.189	-	2286.331	+	0.75 * 601.914	+	0.5 * 248.46
=	-376

Jiangsu Changhai Composite Materials Co Total Current Assets Related Terms

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Jiangsu Changhai Composite Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Changhai Composite Materials Co Ltd (SZSE:300196) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Changzhou, Changzhou, CHN, 213102

Website

http://www.changhaigfrp.com

Jiangsu Changhai Composite Materials Co Ltd is engaged in the scientific research, product development, production, sales and service of fiberglass-based composite materials. Its product lines include fiberglass reinforcements, non-woven fiberglass tissues, and gypsum wallboard coverings, covering all kinds of fiberglass roving, chopped strand mat, woven roving, fiberglass mesh, roofing tissue, surfacing veil, flooring tissue, pipe tissue, carpet tile tissue, battery separator, and gypsum wallboard coverings.

Executives

Shao Jun	Director
Qi Ji Xing	Directors, executives
Zhou Yuan Long	Directors, executives
Yang Guo Wen	Director
Yang Peng Wei	Directors, executives
Yang Feng Qin	Director
Xu Yao Xin	Supervisors
Zhang Zhong	Supervisors

Jiangsu Changhai Composite Materials Co Headlines

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