GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asia Financial Holdings Ltd (HKSE:00662) » Definitions » Change In Working Capital

Asia Financial Holdings (HKSE:00662) Change In Working Capital : HK$-689 Mil (TTM As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Asia Financial Holdings Change In Working Capital?

Asia Financial Holdings's change in working capital for the quarter that ended in Dec. 2023 was HK$-323 Mil.

Asia Financial Holdings's change in working capital for the fiscal year that ended in Dec. 2023 was HK$-689 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Asia Financial Holdings Change In Working Capital Historical Data

The historical data trend for Asia Financial Holdings's Change In Working Capital 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.

Asia Financial Holdings Change In Working Capital Chart

Asia Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 544.43 -66.71 -194.90 -1,079.47 -689.09

Asia Financial Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Working Capital 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 222.93 -223.00 -856.47 -365.88 -323.21

Asia Financial Holdings Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-689 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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.

Asia Financial Holdings Change In Working Capital Related Terms

Thank you for viewing the detailed overview of Asia Financial Holdings's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Financial Holdings (HKSE:00662) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asia Financial Holdings Ltd (HKSE:00662) » Definitions » Change In Working Capital
Comparable Companies
HKSE:00376 SHSE:601318 SHSE:601628 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU SHSE:601601 TPE:2881 TSX:GWO LSE:PRU TPE:2882 TSE:8750 TSX:POW BOM:540719 BOM:540777 SHSE:601336 XKRX:032830
Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG
Website
https://www.afh.hk
Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.
Executives
Cosmos Investments Inc.
Claremont Capital Holdings Ltd
Chan Bernard Charnwut 2201 Interest of corporation controlled by you
Chan Yau Hing, Robin 2201 Interest of corporation controlled by you
Bangkok Bank Public Company Limited 2101 Beneficial owner
Sompo Holdings, Inc. 2201 Interest of corporation controlled by you
Sompo Japan Insurance Inc. (formerly Known As Sompo Japan Nipponkoa Insurance Inc.) 2101 Beneficial owner

Asia Financial Holdings (HKSE:00662) Headlines

No Headlines