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China Hongguang Holdings (HKSE:08646) Total Current Liabilities : HK$116.9 Mil (As of Jun. 2024)


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What is China Hongguang Holdings 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 Hongguang Holdings's total current liabilities for the quarter that ended in Jun. 2024 was HK$116.9

China Hongguang Holdings Total Current Liabilities Historical Data

The historical data trend for China Hongguang Holdings'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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China Hongguang Holdings Total Current Liabilities Chart

China Hongguang Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 82.39 78.82 137.97 140.09 124.87

China Hongguang Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 106.16 - 124.87 116.87

China Hongguang Holdings 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 Hongguang Holdings'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
=42.033+82.838
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=124.9

China Hongguang Holdings's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=37.688+79.183
+Other Current Liabilities+Current Deferred Liabilities
=-1.4210854715202E-14+0
=116.9

* 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 Hongguang Holdings Total Current Liabilities Related Terms

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China Hongguang Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Hongguang Holdings Ltd (HKSE:08646) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01897 HKSE:01937 HKSE:01653 HKSE:01206 HKSE:09938 HKSE:01592 HKSE:00145 HKSE:08526 HKSE:03313 HKSE:02115 TT CARR JCI XPAR:SGO TSE:6367 LII XSWX:GEBN CSL BLDR MAS
Traded in Other Exchanges
N/A
Address
Eastside of Middle of Rongchi Road, Xianqiao, Rongcheng, Guangdong Province, Jieyang, CHN
Website
http://www.hongguang.hk
China Hongguang Holdings Ltd is engaged in the manufacturing and sales of glass products in the PRC. The company offers two categories of architectural glass products under its own Hong Guang brand which includes energy-efficient safety glass products and smart glass products. Its energy-efficient safety glass products include coated glass, insulating glass, laminated glass, and tempered glass; and smart glass product is mainly dimming glass. It has only one operating segment which is the sale of glass products. The company derives all its revenue from the sales of glass products in the PRC.
Executives
Iq Eq (bvi) Limited 2301 Trustee
Lin Weishan 2307 Founder of a discretionary trust who can infl
Liu Rong 2307 Founder of a discretionary trust who can infl
Ming Liang Global Limited 2101 Beneficial owner
Wei Family Limited 2201 Interest of corporation controlled by you
Wei Jiakun 2307 Founder of a discretionary trust who can infl
Wang Yichuan 2201 Interest of corporation controlled by you
Yichuan Holding Limited 2201 Interest of corporation controlled by you
Dong Sheng Chuang Tou You Xian Gong Si
Wang Yaqing 2201 Interest of corporation controlled by you
Li Wei 2201 Interest of corporation controlled by you
Li Ce Guo Ji Kong Gu You Xian Gong Si 2101 Beneficial owner

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