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Jintai Energy Holdings (HKSE:02728) Other Current Assets : HK$132 Mil (As of Dec. 2023)


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What is Jintai Energy Holdings Other Current Assets?

Jintai Energy Holdings's other current assets for the quarter that ended in Dec. 2023 was HK$132 Mil.

Jintai Energy Holdings's quarterly other current assets declined from Dec. 2022 (HK$116 Mil) to Jun. 2023 (HK$15 Mil) but then increased from Jun. 2023 (HK$15 Mil) to Dec. 2023 (HK$132Mil).

Jintai Energy Holdings's annual other current assets declined from Dec. 2021 (HK$686 Mil) to Dec. 2022 (HK$116 Mil) increased from Dec. 2022 (HK$116 Mil) to Dec. 2023 (HK$132 Mil).


Jintai Energy Holdings Other Current Assets Historical Data

The historical data trend for Jintai Energy Holdings'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.

Jintai Energy Holdings Other Current Assets Chart

Jintai Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 666.79 388.57 686.40 116.48 131.52

Jintai Energy Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 686.40 54.99 116.48 15.21 131.52

Jintai Energy Holdings 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.


Jintai Energy Holdings Other Current Assets Related Terms

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Jintai Energy Holdings (HKSE:02728) Business Description

Traded in Other Exchanges
N/A
Address
No. 111 Liyi Road, Golden Phoenix Building, Lijin County, Shandong Province, Dongying, CHN
Jintai Energy Holdings Ltd is engaged in the manufacturing and trading business. The segments of the group are Energy business, Drilling services, Speaker business, Operation of digital energy trading parks, Transportation services, Services business of customs declaration and Electronic products. It derives prime revenue from the Energy business which involves mainly the trading of fuel oil and kerosene. The group generates key revenue from the PRC.
Executives
Chen Jinle
Cui Xianguo 2201 Interest of corporation controlled by you
Super Wise International Investment Limited 2101 Beneficial owner
Qilu International Funds Spc (acting For And On Behalf Of Zhongtai Dingfeng Classified Fund Sp) 2106 Person having a security interest in shares
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Zhongtai International Asset Management Limited 2102 Investment manager
Hong Kong Moral Co-operation Investment Limited 2101 Beneficial owner
Niu Guangchang 2201 Interest of corporation controlled by you
Winwin International Strategic Investment Funds Spc 2106 Person having a security interest in shares
Zhongtai Innovation Capital Management Limited 2102 Investment manager
Lin Ai Hua 2202 Interest of your spouse
Lin Cai Huo 2101 Beneficial owner
Oriental Gold Honour Joy International Holdings Limited 2101 Beneficial owner

Jintai Energy Holdings (HKSE:02728) Headlines

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