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Shenzhen Minkave Technology Co (SZSE:300506) Total Current Assets : ¥643.14 Mil (As of Mar. 2024)


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What is Shenzhen Minkave Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shenzhen Minkave Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥643.14 Mil.


Shenzhen Minkave Technology Co Total Current Assets Historical Data

The historical data trend for Shenzhen Minkave Technology 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.

Shenzhen Minkave Technology Co Total Current Assets Chart

Shenzhen Minkave Technology 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 2,834.24 2,293.84 1,631.13 1,052.56 664.63

Shenzhen Minkave Technology 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 1,020.06 903.19 870.41 664.63 643.14

Shenzhen Minkave Technology 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.

Shenzhen Minkave Technology Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Shenzhen Minkave Technology 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.


Shenzhen Minkave Technology Co  (SZSE:300506) 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.

Shenzhen Minkave Technology 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)
=11.822-792.563+0.75 * 398.029+0.5 * 17.257
=-473.59

* 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.


Shenzhen Minkave Technology Co Total Current Assets Related Terms

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Shenzhen Minkave Technology Co (SZSE:300506) Business Description

Traded in Other Exchanges
N/A
Address
17/F West Coast Mansion, Nanyou Avenue, Nanshan Distric, Shenzhen, CHN, 518054
Shenzhen Minkave Technology Co Ltd engages in the research, development, production, and sale of lighting products and in lighting engineering design. It undertakes lighting projects in urban lighting planning, tourism and cultural scenic spots, municipal landscapes, architectural lighting, high-end office buildings, large venues, high-end hotels, urban complexes, smart cities, and railways and chemical industries.
Executives
Zhang Jing Shi Director
Cheng Zong Yu Directors, executives
Yuan Yan Secretary, Director
Peng Yin Li Directors, executives
Liu Dong Hua Director
Ceng Li Ru Securities Affairs Representative

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