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Zhong Fu Tong Group Co (SZSE:300560) Total Current Assets : ¥2,101 Mil (As of Mar. 2024)


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What is Zhong Fu Tong Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zhong Fu Tong Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,101 Mil.

Zhong Fu Tong Group Co Total Current Assets Historical Data

The historical data trend for Zhong Fu Tong 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.

Zhong Fu Tong Group Co Total Current Assets Chart

Zhong Fu Tong 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 809.95 1,473.21 2,127.08 2,084.28 2,108.04

Zhong Fu Tong 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 2,024.24 2,178.78 2,147.98 2,108.04 2,101.49

Zhong Fu Tong 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.

Zhong Fu Tong 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
=753.488+1144.598+79.76+130.197
=2,108

Zhong Fu Tong 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
=661.424+1218.746+77.914+143.403
=2,101

* 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.

Zhong Fu Tong Group Co  (SZSE:300560) 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.

Zhong Fu Tong 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)
=661.424-1618.632+0.75 * 1060.194+0.5 * 77.914
=-123

* 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.

Zhong Fu Tong Group Co Total Current Assets Related Terms

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Zhong Fu Tong Group Co (SZSE:300560) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Zhong Fu Tong Group Co Ltd (SZSE:300560) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
Software Avenue, Tongpan Road, Software Park, No. 89, Floors 20, 21, 22, Building 4, F Zone, Gulou District, Fujian Province, Fuzhou, CHN, 350003
Website
http://www.zftii.com
Zhong Fu Tong Group Co Ltd operates in the communication technology service industry. The company is mainly engaged in the communication network construction, maintenance, and optimization services. In addition, the company also provides system solutions such as ad hoc networks, ICTs, and the Internet of Things. The company primarily serves the people's liberation army, the armed police, government functions and communications operators such as China Mobile, China Telecom, China Unicom, China Tower as well as communication equipment suppliers.
Executives
Ke Hong Hui Director
Chen Rong Jie Director
Huang Xiao Ming Supervisors
Yang Wei Min Independent director
Wang Bei Yi Supervisors

Zhong Fu Tong Group Co (SZSE:300560) Headlines

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