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Hengerda New Materials (Fujian) Co (SZSE:300946) Total Current Assets : ¥730.2 Mil (As of Mar. 2024)


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What is Hengerda New Materials (Fujian) Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hengerda New Materials (Fujian) Co's total current assets for the quarter that ended in Mar. 2024 was ¥730.2 Mil.


Hengerda New Materials (Fujian) Co Total Current Assets Historical Data

The historical data trend for Hengerda New Materials (Fujian) 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.

Hengerda New Materials (Fujian) Co Total Current Assets Chart

Hengerda New Materials (Fujian) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 364.98 402.57 861.75 716.27 721.72

Hengerda New Materials (Fujian) Co Quarterly Data
Dec18 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 724.54 718.89 740.97 721.72 730.19

Hengerda New Materials (Fujian) 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.

Hengerda New Materials (Fujian) Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Hengerda New Materials (Fujian) 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.


Hengerda New Materials (Fujian) Co  (SZSE:300946) 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.

Hengerda New Materials (Fujian) 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)
=110.835-329.026+0.75 * 148.985+0.5 * 340.371
=63.7

* 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.


Hengerda New Materials (Fujian) Co Total Current Assets Related Terms

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Hengerda New Materials (Fujian) Co (SZSE:300946) Business Description

Traded in Other Exchanges
N/A
Address
No. 228, Tingdaowei, Xindu Village, Xindu Plant, Xindu Town, Fujian, Putian, CHN
Hengerda New Materials (Fujian) Co Ltd is engaged in the research and development, production and sales of metal cutting tools such as die cutting tools, sawing tools, and cutting tools.

Hengerda New Materials (Fujian) Co (SZSE:300946) Headlines

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