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Hong Wei (Asia) Holdings Co (HKSE:08191) Total Current Liabilities : HK$328.7 Mil (As of Dec. 2024)


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What is Hong Wei (Asia) Holdings Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Hong Wei (Asia) Holdings Co's total current liabilities for the quarter that ended in Dec. 2024 was HK$328.7


Hong Wei (Asia) Holdings Co Total Current Liabilities Historical Data

The historical data trend for Hong Wei (Asia) Holdings Co'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.

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Hong Wei (Asia) Holdings Co Total Current Liabilities Chart

Hong Wei (Asia) Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 309.91 371.03 324.16 321.51 328.66

Hong Wei (Asia) Holdings Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 301.85 - 321.51 362.64 328.66

Hong Wei (Asia) Holdings Co Total Current Liabilities Calculation

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

Hong Wei (Asia) Holdings Co'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
=77.658+197.417
+Other Current Liabilities+Current Deferred Liabilities
=53.582+0
=328.7

Hong Wei (Asia) Holdings Co'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
=77.658+197.417
+Other Current Liabilities+Current Deferred Liabilities
=53.582+0
=328.7

* 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.

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


Hong Wei (Asia) Holdings Co Total Current Liabilities Related Terms

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Hong Wei (Asia) Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Tower 1, Admiralty Centre, Unit 603, 6th floor, Admiralty, Hong Kong, HKG
Hong Wei (Asia) Holdings Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the manufacturing and sales of particleboards; and the timber logging, plantation and sales of bamboo, wood, and agricultural products in the PRC. The group's reportable operating segments include the Particleboards, which generates all of its revenue, and the Forestry segment. Geographically, all of its revenue is generated from the People's Republic of China (PRC).
Executives
City East Investments Limited
Mutual Benefits Enterprise Limited
Kaneko Hiroshi
Yanase Kenichi 2201 Interest of corporation controlled by you
Cheung Ngar Kwan 2202 Interest of your spouse
Wong Cheung Lok 2101 Beneficial owner

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