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Zhixin Group Holding (HKSE:02187) Total Current Liabilities : HK$644.6 Mil (As of Dec. 2024)


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What is Zhixin Group Holding Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Zhixin Group Holding's total current liabilities for the quarter that ended in Dec. 2024 was HK$644.6

Zhixin Group Holding Total Current Liabilities Historical Data

The historical data trend for Zhixin Group Holding'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.

Zhixin Group Holding Total Current Liabilities Chart

Zhixin Group Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial 631.76 882.18 831.58 784.82 644.57

Zhixin Group Holding Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 831.58 876.84 784.82 690.86 644.57

Zhixin Group Holding Total Current Liabilities Calculation

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

Zhixin Group Holding's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=384.931+243.107
+Other Current Liabilities+Current Deferred Liabilities
=16.533+0
=644.6

Zhixin Group Holding's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=384.931+243.107
+Other Current Liabilities+Current Deferred Liabilities
=16.533+0
=644.6

* 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

Zhixin Group Holding Total Current Liabilities Related Terms

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Zhixin Group Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Zhixin Group Holding Ltd (HKSE:02187) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00366 HKSE:01943 HKSE:03300 HKSE:00022 HKSE:08427 HKSE:01847 HKSE:01118 HKSE:01323 HKSE:02212 HKSE:06193 CRH XSWX:HOLN BOM:532538 XTER:HEI VMC MLM NSE:GRASIM SHSE:600585 BOM:500425 BOM:500387
Traded in Other Exchanges
N/A
Address
1.No. 55, Guankou Avenue, Jimei District, Fujian Province, Xiamen, CHN
Website
http://www.xiamenzhixin.com
Zhixin Group Holding Ltd is a manufacturer and supplier of concrete-based building materials. The principal products of the company are ready-mixed concrete and precast concrete components. In addition, the Group is also engaged in solid waste processing and sales of eco-friendly construction materials. The company's operating segments are (i) Ready-mixed concrete, (ii) Precast concrete components, and (iii) Tailings recycling and bricks. The majority of revenue is from the Ready-mixed concrete segment.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Yeung Man 2101 Beneficial owner
Lai Yiyang 2101 Beneficial owner
Hong Wei 2202 Interest of your spouse
Ye Zhijie 2201 Interest of corporation controlled by you
Zhixin Investment Holding Limited 2101 Beneficial owner
Huang Wengui 2201 Interest of corporation controlled by you
Lin Lingling 2202 Interest of your spouse
Yaohe Holding Limited 2101 Beneficial owner

Zhixin Group Holding Headlines

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