Jiangsufety Group Co (SHSE:603028) Total Current Assets : ¥915 Mil (As of Mar. 2024)

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What is Jiangsufety Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jiangsufety Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥915 Mil.

Jiangsufety Group Co Total Current Assets Historical Data

The historical data trend for Jiangsufety Group 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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Jiangsufety Group Co Total Current Assets Chart

Jiangsufety Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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448.73

516.98

633.02

678.85

1,011.68

Jiangsufety Group 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															901.37	974.77	1,108.41	1,011.68	915.41

Jiangsufety Group 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.

Jiangsufety Group 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
	=	343.376	+	376.792	+	206.236	+	85.271
	=	1,012

Jiangsufety Group 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
	=	192.914	+	387.146	+	258.704	+	76.647
	=	915

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.

Jiangsufety Group Co (SHSE:603028) 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.

Jiangsufety Group 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)
=	192.914	-	1549.112	+	0.75 * 283.8	+	0.5 * 258.704
=	-1,014

Jiangsufety Group Co Total Current Assets Related Terms

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Jiangsufety Group Co (SHSE:603028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Safety Group Co Ltd (SHSE:603028) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 151, Furong Zhongsan Road, XiShan Economic Development Zone, Jiangsu, Wuxi, CHN, 214192

Website

http://www.jf-safety.com

Jiangsu Safety Wire Rope Co Ltd develops and manufactures elevator ropes for customers with different requirements and needs. Its products include wire rope for elevators, lifting Wire rope, steel wire rope, synthetic fiber sling belt rigging, and accessories. Its products are used in elevators, construction machinery, Hong Kong Port terminal, coal mine, marine engineering, shipbuilding, ocean fishing, logistics, and warehousing.

Executives

Shen Sheng Quan	Director
Cui Zi Feng	Director
Zhao Zu Yin	senior management
Deng Wei	Director
Lin Zhu Ying	Director
Yang Yue Min	Director
Liu Hong Gang	Director
Bai Shu Qing	Director
Hu Wen Lin	Director
Wu Hai Feng	Director
Cui Zhi Qiang	Director

Jiangsufety Group Co (SHSE:603028) Headlines

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