State Power Rixin Technology Co (SZSE:301162) Total Current Assets : ¥1,106.3 Mil (As of Sep. 2024)

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What is State Power Rixin Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. State Power Rixin Technology Co's total current assets for the quarter that ended in Sep. 2024 was ¥1,106.3 Mil.

State Power Rixin Technology Co Total Current Assets Historical Data

The historical data trend for State Power Rixin 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.

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State Power Rixin Technology Co Total Current Assets Chart

State Power Rixin Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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200.49

322.57

409.60

1,137.61

1,158.61

State Power Rixin Technology 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															1,065.01	1,158.61	1,120.20	1,122.60	1,106.28

State Power Rixin 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.

State Power Rixin Technology 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
	=	740.767	+	325.505	+	84.116	+	8.2250000000001
	=	1,158.6

State Power Rixin Technology 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
	=	555.536	+	415.51	+	107.966	+	27.268
	=	1,106.3

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.

State Power Rixin Technology Co (SZSE:301162) 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.

State Power Rixin Technology 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)
=	555.536	-	435.991	+	0.75 * 368.428	+	0.5 * 107.966
=	449.8

State Power Rixin Technology Co Total Current Assets Related Terms

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State Power Rixin Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » State Power Rixin Technology Co Ltd (SZSE:301162) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 227, 2nd Floor, Building 1, Xisanqi Building Materials, Haidian District, Beijing, CHN, 100096

Website

https://www.sprixin.com

State Power Rixin Technology Co Ltd manufactures and distributes electrical power equipment. The Company produces power generation forecast products, new energy grid connected intelligent control systems, new energy power station intelligent operation systems, power grid new energy management systems, and others. State Power Rixin Technology also operates import and export businesses.

Executives

Zhou Yong	Directors, executives
Wang Cai Yun	Directors, executives
Zhao Nan	Secretary Dong
Ding Jiang Wei	Director
Yong Zheng	Directors, executives
Xiang Jie	Director
Qi Yan Qiao	Supervisors

State Power Rixin Technology Co Headlines

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