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Ximei Resources Holding (HKSE:09936) Total Current Liabilities : HK$783 Mil (As of Dec. 2023)


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What is Ximei Resources 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. Ximei Resources Holding's total current liabilities for the quarter that ended in Dec. 2023 was HK$783

Ximei Resources Holding Total Current Liabilities Historical Data

The historical data trend for Ximei Resources 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.

Ximei Resources Holding Total Current Liabilities Chart

Ximei Resources Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 181.47 355.82 517.33 578.42 783.08

Ximei Resources Holding Semi-Annual Data
Dec16 Dec17 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 517.33 737.98 578.42 570.20 783.08

Ximei Resources 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.

Ximei Resources Holding'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
=111.63+602.226
+Other Current Liabilities+Current Deferred Liabilities
=69.224+0
=783

Ximei Resources Holding'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
=111.63+602.226
+Other Current Liabilities+Current Deferred Liabilities
=69.224+0
=783

* 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

Ximei Resources Holding Total Current Liabilities Related Terms

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Ximei Resources Holding (HKSE:09936) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ximei Resources Holding Ltd (HKSE:09936) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01440 HKSE:02439 HKSE:03318 HKSE:08053 HKSE:02283 HKSE:01986 HKSE:00408 HKSE:00301 HKSE:00701 HKSE:00640 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
Hongqiao Village, Qiaotou Town, Guangdong Province, Yingde, CHN
Website
http://www.zhiyuanm.com
Ximei Resources Holding Ltd produces tantalum- and niobium-based metallurgical products in China. Tantalum- and niobium-based metallurgical products are essential in the downstream manufacture of many products used in high-tech industries, such as special alloy, chemical, electronic ceramics, aeronautics, aerospace, high-end electronics, defence and hard alloy. Its principal products are tantalum pentoxide and niobium pentoxide. It also produces and sells potassium heptafluorotantalate. The company sells processed products such as tantalum bars, tantalum carbide, niobium bars and niobium powder, which are produced by engaging third-party metallurgy companies to process the pentoxide products and potassium heptafluorotantalate it produces or purchased from third-party metallurgy companies.
Executives
Ganfeng Lithium Co., Ltd. 2101 Beneficial owner
Jiawei Resources Holding Limited 2101 Beneficial owner
Ruan Xiaomei 2202 Interest of your spouse
Wu Lijue 2201 Interest of corporation controlled by you

Ximei Resources Holding (HKSE:09936) Headlines

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