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Meituan (HKSE:03690) Other Current Assets : HK$27,406 Mil (As of Dec. 2023)


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What is Meituan Other Current Assets?

Meituan's other current assets for the quarter that ended in Dec. 2023 was HK$27,406 Mil.

Meituan's quarterly other current assets increased from Jun. 2023 (HK$23,008 Mil) to Sep. 2023 (HK$34,889 Mil) but then declined from Sep. 2023 (HK$34,889 Mil) to Dec. 2023 (HK$27,406Mil).

Meituan's annual other current assets declined from Dec. 2021 (HK$24,530 Mil) to Dec. 2022 (HK$21,936 Mil) increased from Dec. 2022 (HK$21,936 Mil) to Dec. 2023 (HK$27,406 Mil).


Meituan Other Current Assets Historical Data

The historical data trend for Meituan's Other Current Assets 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.

Meituan Other Current Assets Chart

Meituan Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 12,894.17 19,659.93 24,530.40 21,935.77 27,405.72

Meituan Quarterly Data
Apr18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Current Assets 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 21,935.77 29,477.23 23,008.17 34,888.55 27,405.72

Meituan Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Meituan Other Current Assets Related Terms

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Meituan (HKSE:03690) Business Description

Traded in Other Exchanges
Address
No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.
Executives
Tmf (cayman) Ltd.
Wang Xing
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Mu Rongjun
Tencent Holdings Limited
Cantrust (far East) Limited
Crown Holdings Asia Limited 2101 Beneficial owner
Songtao Limited 2201 Interest of corporation controlled by you
Charmway Enterprises Company Limited 2101 Beneficial owner
Day One Holdings Limited 2201 Interest of corporation controlled by you
Huai River Investment Limited
Tencent Mobility Limited

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