GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Shuangyi Technology Co Ltd (SZSE:300690) » Definitions » Other Current Assets

Shandong Shuangyi Technology Co (SZSE:300690) Other Current Assets : ¥10.2 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Shandong Shuangyi Technology Co Other Current Assets?

Shandong Shuangyi Technology Co's other current assets for the quarter that ended in Mar. 2024 was ¥10.2 Mil.

Shandong Shuangyi Technology Co's quarterly other current assets increased from Sep. 2023 (¥5.0 Mil) to Dec. 2023 (¥5.7 Mil) and increased from Dec. 2023 (¥5.7 Mil) to Mar. 2024 (¥10.2Mil).

Shandong Shuangyi Technology Co's annual other current assets increased from Dec. 2021 (¥9.7 Mil) to Dec. 2022 (¥15.7 Mil) declined from Dec. 2022 (¥15.7 Mil) to Dec. 2023 (¥5.7 Mil).


Shandong Shuangyi Technology Co Other Current Assets Historical Data

The historical data trend for Shandong Shuangyi Technology 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.

Shandong Shuangyi Technology Co Other Current Assets Chart

Shandong Shuangyi Technology 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 17.25 10.25 9.72 15.66 5.69

Shandong Shuangyi Technology 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 11.38 7.02 4.99 5.69 10.24

Shandong Shuangyi Technology 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.


Shandong Shuangyi Technology Co Other Current Assets Related Terms

Thank you for viewing the detailed overview of Shandong Shuangyi Technology Co's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Shuangyi Technology Co (SZSE:300690) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Shuangyi Road, Xinhua Industrial Park, Decheng District, Shandong Province, Dezhou, CHN, 253007
Shandong Shuangyi Technology Co Ltd is a metal fabrication company based in China. The company is primarily engaged in the design, research and development, production, sales and service of composite products. The products are categorized into non-metallic mould machining, wind turbine nacelle cover, advanced composite materials, public and rail transit, yacht and boat, engineering and agricultural machinery and medical appliance.
Executives
Ren Yu Sheng Supervisors
Cui Hai Jun Director
Feng Hao Zhen Executives
Zhang Jun Xia Supervisors
Yao Jian Mei Directors, executives
Zhao Fu Cheng Directors, executives
Zhang Sheng Qiang Executives
Kong Ling Hui Directors, executives
Wang Kai Executives
Wang Shou Yang Securities Affairs Representative

Shandong Shuangyi Technology Co (SZSE:300690) Headlines

No Headlines