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Guangdong Syntrust GK Testing and Certification Tech Service Center Co (HKSE:08629) Total Current Liabilities : HK$19.13 Mil (As of Dec. 2024)


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What is Guangdong Syntrust GK Testing and Certification Tech Service Center 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. Guangdong Syntrust GK Testing and Certification Tech Service Center Co's total current liabilities for the quarter that ended in Dec. 2024 was HK$19.13


Guangdong Syntrust GK Testing and Certification Tech Service Center Co Total Current Liabilities Historical Data

The historical data trend for Guangdong Syntrust GK Testing and Certification Tech Service Center 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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Guangdong Syntrust GK Testing and Certification Tech Service Center Co Total Current Liabilities Chart

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
16.84 10.38 16.13 19.13

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Liabilities Get a 7-Day Free Trial 10.38 - 16.13 14.30 19.13

Guangdong Syntrust GK Testing and Certification Tech Service Center 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.

Guangdong Syntrust GK Testing and Certification Tech Service Center 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
=17.33+1.301
+Other Current Liabilities+Current Deferred Liabilities
=0.495+0
=19.13

Guangdong Syntrust GK Testing and Certification Tech Service Center 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
=17.33+1.301
+Other Current Liabilities+Current Deferred Liabilities
=0.495+0
=19.13

* 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


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Guangdong Syntrust GK Testing and Certification Tech Service Center Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xinyi Avenue South, Dingbao Town, Xinyi City, Guangdong Province, Maoming, CHN
Guangdong Syntrust GK Testing and Certification Tech Service Center Co Ltd is principally engaged in the provision of construction engineering testing and inspection services, serving customers in Maoming, Guangdong Province of China. It offers construction engineering testing services, including foundation testing services, infrastructure and public roads testing services, construction material testing services, as well as building structure testing services. Additionally, it provides construction engineering inspection services, including slope monitoring and foundation pit monitoring services. The company generates almost all of its revenue from Testing services. Geographically entire revenue is generated from mainland China.
Executives
Chen Menghua 2101 Beneficial owner
Z K 2101 Beneficial owner
Lln Sheng Yu 2101 Beneficial owner
Lu Sili 2101 Beneficial owner
Zhang Yunling 2101 Beneficial owner
Liang Yishuang 2101 Beneficial owner
Lin Jiangjun 2101 Beneficial owner
Yue Hai Zi Chan Guan Li You Xian Gong Si 2101 Beneficial owner

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