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China Anchu Energy Storage Group (HKSE:02399) Total Current Liabilities : HK$1,065.5 Mil (As of Dec. 2023)


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What is China Anchu Energy Storage 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. China Anchu Energy Storage Group's total current liabilities for the quarter that ended in Dec. 2023 was HK$1,065.5


China Anchu Energy Storage Group Total Current Liabilities Historical Data

The historical data trend for China Anchu Energy Storage 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.

China Anchu Energy Storage Group Total Current Liabilities Chart

China Anchu Energy Storage 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 654.82 702.46 726.91 878.54 1,065.48

China Anchu Energy Storage 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 726.91 807.58 878.54 1,186.27 1,065.48

China Anchu Energy Storage 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.

China Anchu Energy Storage 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
=532.209+475.109
+Other Current Liabilities+Current Deferred Liabilities
=58.165+0
=1,065.5

China Anchu Energy Storage 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
=532.209+475.109
+Other Current Liabilities+Current Deferred Liabilities
=58.165+0
=1,065.5

* 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


China Anchu Energy Storage Group Total Current Liabilities Related Terms

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China Anchu Energy Storage Group (HKSE:02399) Business Description

Traded in Other Exchanges
N/A
Address
Fordoo Industrial Zone E12, Xunmei Industrial Zone, Fengze District, Fujian Province, Quanzhou, CHN
China Anchu Energy Storage Group Ltd formerly China Fordoo Holdings Ltd is engaged in the sales of menswear apparel and brand licensing. It is also involved in the sales of industrial products to customers located in Saudi Arabia. The segments of the group are Menswear Apparel and Industrial Products. In the Menswear apparel division, the company offers Men's trousers, Men's tops and Accessories. The principal place of the group's operation is in PRC.
Executives
Wang Xiu Hua 2101 Beneficial owner
Everkept Limited 2101 Beneficial owner
Kwok Kin Sun 2201 Interest of corporation controlled by you
Wong Tung Yam 2201 Interest of corporation controlled by you
Donghai International Financial Holdings Company Limited 2106 Person having a security interest in shares
Cheng Cong 2201 Interest of corporation controlled by you
Dong Hai Zheng Quan Gu Fen You Xian Gong Si 2106 Person having a security interest in shares
Jpmorgan Chase & Co.
Equal Plus Limited 2101 Beneficial owner
Kwok Hon Fung 2201 Interest of corporation controlled by you
Asia Glory International Development Limited 2101 Beneficial owner
Chen Huiru 2201 Interest of corporation controlled by you
True Faith Ventures Limited 2101 Beneficial owner
Lu Ke 2101 Beneficial owner

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