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Yutong Bus Co (SHSE:600066) Other Current Assets : ¥2,115 Mil (As of Mar. 2024)


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What is Yutong Bus Co Other Current Assets?

Yutong Bus Co's other current assets for the quarter that ended in Mar. 2024 was ¥2,115 Mil.

Yutong Bus Co's quarterly other current assets increased from Sep. 2023 (¥1,560 Mil) to Dec. 2023 (¥2,992 Mil) but then declined from Dec. 2023 (¥2,992 Mil) to Mar. 2024 (¥2,115Mil).

Yutong Bus Co's annual other current assets declined from Dec. 2021 (¥1,363 Mil) to Dec. 2022 (¥1,206 Mil) increased from Dec. 2022 (¥1,206 Mil) to Dec. 2023 (¥2,992 Mil).


Yutong Bus Co Other Current Assets Historical Data

The historical data trend for Yutong Bus Co'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.

Yutong Bus Co Other Current Assets Chart

Yutong Bus Co 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 400.76 502.75 1,363.44 1,206.44 2,992.28

Yutong Bus Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,584.09 1,616.91 1,560.07 2,992.28 2,115.03

Yutong Bus Co 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.


Yutong Bus Co Other Current Assets Related Terms

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Yutong Bus Co (SHSE:600066) Business Description

Traded in Other Exchanges
N/A
Address
66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016
Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.
Executives
Yu Li Directors, senior managers
Feng Ding Yong Director
Sun Xi Shun Supervisors
Cao Zhong Yan senior management
Yang Bo Directors, senior managers
Cao Jian Wei Director
Zhang Tao Director
Wang Wen Bing senior management
Yang Xiang Ying Director
Han Jun Director

Yutong Bus Co (SHSE:600066) Headlines

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