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Shandong Hi Speed New Energy Group (HKSE:01250) Total Current Liabilities : HK$12,022 Mil (As of Dec. 2023)


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What is Shandong Hi Speed New Energy Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Shandong Hi Speed New Energy Group's total current liabilities for the quarter that ended in Dec. 2023 was HK$12,022


Shandong Hi Speed New Energy Group Total Current Liabilities Historical Data

The historical data trend for Shandong Hi Speed New Energy Group's Total Current Liabilities 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.

Shandong Hi Speed New Energy Group Total Current Liabilities Chart

Shandong Hi Speed New Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,814.43 16,588.81 18,702.84 10,162.38 12,021.58

Shandong Hi Speed New Energy Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities 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 18,702.84 11,533.33 10,162.38 12,163.77 12,021.58

Shandong Hi Speed New Energy Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Shandong Hi Speed New Energy Group's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2524.994+8980.525
+Other Current Liabilities+Current Deferred Liabilities
=516.06+0
=12,022

Shandong Hi Speed New Energy Group's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2524.994+8980.525
+Other Current Liabilities+Current Deferred Liabilities
=516.06+0
=12,022

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Shandong Hi Speed New Energy Group Total Current Liabilities Related Terms

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Shandong Hi Speed New Energy Group (HKSE:01250) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen's Road, Unit 6707, 67th Floor, The Centre, Central, Hong Kong, HKG
Shandong Hi Speed New Energy Group Ltd is engaged in the investment, development, construction, operation, and management of clean energy businesses which include Photovoltaic Power, Wind Power, and Clean Heat Supply Business.
Executives
Shandong Hi-speed Holdings Group Limited 2101 Beneficial owner
Citigroup Inc. 2305 Beneficiary of a trust
Shan Dong Gao Su Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Profit Plan Global Investment Limited 2101 Beneficial owner
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Water Group Limited 2201 Interest of corporation controlled by you
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Citron Pe Associates Ii, L.p. 2201 Interest of corporation controlled by you
Citron Pe Holdings Limited 2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p. 2201 Interest of corporation controlled by you
Cpechina Fund Iia, L.p. 2201 Interest of corporation controlled by you
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you

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