Shandong Hi-Speed Holdings Group (FRA:HRI) Total Current Assets : €3,193.7 Mil (As of Dec. 2023)

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What is Shandong Hi-Speed Holdings Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shandong Hi-Speed Holdings Group's total current assets for the quarter that ended in Dec. 2023 was €3,193.7 Mil.

Shandong Hi-Speed Holdings Group Total Current Assets Historical Data

The historical data trend for Shandong Hi-Speed Holdings Group'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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Shandong Hi-Speed Holdings Group Total Current Assets Chart

Shandong Hi-Speed Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,900.86

1,961.10

1,717.04

3,365.42

3,193.73

Shandong Hi-Speed Holdings Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															1,717.04	4,356.09	3,365.42	3,281.92	3,193.73

Shandong Hi-Speed Holdings Group 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.

Shandong Hi-Speed Holdings Group'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
	=	1084.847	+	1895.628	+	8.386	+	204.87
	=	3,193.7

Shandong Hi-Speed Holdings Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1084.847	+	1895.628	+	8.386	+	204.87
	=	3,193.7

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.

Shandong Hi-Speed Holdings Group (FRA:HRI) 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.

Shandong Hi-Speed Holdings Group's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1084.847	-	6322.353	+	0.75 * 1440.909	+	0.5 * 8.386
=	-4,152.6

Shandong Hi-Speed Holdings Group Total Current Assets Related Terms

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Shandong Hi-Speed Holdings Group (FRA:HRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong Hi-Speed Holdings Group Ltd (FRA:HRI) » Definitions » Total Current Assets

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Traded in Other Exchanges

00412:Hong Kong

Address

No. 50 Connaught Road Central, 17th Floor, Agricultural Bank of China Tower, Hong Kong, HKG

Website

https://www.csfg.com.hk

Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include Industrial investment segment in operations of industrial investment-related business; Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services & online new media services. The majority is from the Industrial Investment segment & key revenue is from PRC.