GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Yonggui Electric Equipment Co Ltd (SZSE:300351) » Definitions » Total Current Assets

Zhejiang Yonggui Electric Equipment Co (SZSE:300351) Total Current Assets : ¥2,266 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Zhejiang Yonggui Electric Equipment Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zhejiang Yonggui Electric Equipment Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,266 Mil.


Zhejiang Yonggui Electric Equipment Co Total Current Assets Historical Data

The historical data trend for Zhejiang Yonggui Electric Equipment 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.

Zhejiang Yonggui Electric Equipment Co Total Current Assets Chart

Zhejiang Yonggui Electric Equipment 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 1,615.52 1,852.07 2,014.38 2,360.38 2,321.43

Zhejiang Yonggui Electric Equipment 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 2,308.65 2,207.32 2,152.72 2,321.43 2,265.70

Zhejiang Yonggui Electric Equipment 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.

Zhejiang Yonggui Electric Equipment Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Zhejiang Yonggui Electric Equipment Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.


Zhejiang Yonggui Electric Equipment Co  (SZSE:300351) 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.

Zhejiang Yonggui Electric Equipment 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)
=568.319-754.126+0.75 * 839.5+0.5 * 512.888
=700

* 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.


Zhejiang Yonggui Electric Equipment Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Zhejiang Yonggui Electric Equipment Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Yonggui Electric Equipment Co (SZSE:300351) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Dongyuan Road, Western Industrial Park, Baihe Town, Taizhou, Tiantai, CHN, 317201
Zhejiang Yonggui Electric Equipment Co Ltd is engaged in manufacturing connectors used in railways and other vehicle. Its products include circular connector, locomotive connector, wind connector, and electric vehicle connector.
Executives
Fan Yong Gui Director
Zhou Ting Ping Executives
Tu Hai Wen Director
Yang Run Li Supervisors
Xiao Hong Ying Independent director
Fan Zheng Jun Directors, executives
Yu Wen Zhen Secretary Dong
Li Yun Ming Director
Lu Su Zhen Executives
Jia Fei Long Director, Securities Affairs Representative

Zhejiang Yonggui Electric Equipment Co (SZSE:300351) Headlines

No Headlines