LONGi Green Energy Technology Co (SHSE:601012) Total Current Assets : ¥101,559 Mil (As of Mar. 2024)

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What is LONGi Green Energy Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. LONGi Green Energy Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥101,559 Mil.

LONGi Green Energy Technology Co Total Current Assets Historical Data

The historical data trend for LONGi Green Energy Technology Co's Total 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.

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LONGi Green Energy Technology Co Total Current Assets Chart

LONGi Green Energy Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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37,366.52

55,097.18

58,929.85

90,816.62

99,860.63

LONGi Green Energy Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															90,741.29	99,601.87	102,625.66	99,860.63	101,559.33

LONGi Green Energy Technology Co Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

LONGi Green Energy Technology Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	57032.04	+	14251.328	+	21539.561	+	7037.703
	=	99,861

LONGi Green Energy Technology Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	57345.768	+	13861.989	+	22613.261	+	7738.309
	=	101,559

Total Current Assets is linked to the Current Ratio, which is the result of 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.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

LONGi Green Energy Technology Co (SHSE:601012) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

LONGi Green Energy Technology Co's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	57345.768	-	99923.859	+	0.75 * 10382.591	+	0.5 * 22613.261
=	-23,485

LONGi Green Energy Technology Co Total Current Assets Related Terms

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LONGi Green Energy Technology Co (SHSE:601012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » LONGi Green Energy Technology Co Ltd (SHSE:601012) » Definitions » Total Current Assets

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Address

Innovation Incubation Center Block B, Shangji Road 8989 Xi'an Service Outsourcing Industrial Park, Xi'an Economic and Technological Development Zone, Xian, CHN, 710018

Website

http://www.longigroup.com

LONGi Green Energy Technology is the largest integrated solar company in the world. It produced 85.9 gigawatts of solar silicon wafers and 48.2 GW of solar modules in 2022, both the most globally. Solar silicon wafer and solar module contributed 30% and 66% of revenue in 2022, respectively. LONGi's production bases are mostly in China. LONGi's products are sold in more than 150 countries and regions.

Executives

Zhong Bao Shen	Director
Tian Ye	Director
Liu Xue Wen	Director
Bai Zhong Xue	Director
Liu Xiao Dong	senior management
Li Zhen Guo	Director
Qin Yong Bo	Supervisors
Xu Da Peng	Director
Zou Zong Hai	Director
Li Chun An	Director
Wang Xiao Zhe	senior management
Huang Li Xin	senior management
Dai Su	Supervisors
Hu Zhong Xiang	Director
Zhang Yi Tao	senior management

LONGi Green Energy Technology Co (SHSE:601012) Headlines

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