CMGE Technology Group (HKSE:00302) Total Current Assets : HK$2,423 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is CMGE Technology Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CMGE Technology Group's total current assets for the quarter that ended in Dec. 2023 was HK$2,423 Mil.

CMGE Technology Group Total Current Assets Historical Data

The historical data trend for CMGE Technology 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.

* Premium members only.

CMGE Technology Group Total Current Assets Chart

CMGE Technology Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

2,871.74

3,567.94

4,071.58

2,491.42

2,423.36

CMGE Technology Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial									4,071.58	3,347.25	2,491.42	2,401.74	2,423.36

CMGE Technology 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.

CMGE Technology 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
	=	230.36	+	1533.021	+	0	+	659.982
	=	2,423

CMGE Technology 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
	=	230.36	+	1533.021	+	0	+	659.982
	=	2,423

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.

CMGE Technology Group (HKSE:00302) 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.

CMGE Technology 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)
=	230.36	-	1525.117	+	0.75 * 1298.464	+	0.5 * 0
=	-321

CMGE Technology Group Total Current Assets Related Terms

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

CMGE Technology Group (HKSE:00302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CMGE Technology Group Ltd (HKSE:00302) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongkang North Road, 10th Floor, Building No. 4, Zhuoyue Meilin Center Square, Futian District, Guangdong Province, Shenzhen, CHN

Website

https://www.cmge.com

CMGE is an IP-based mobile game developer and publisher in China with 55 licensed IPs and 68 proprietary IPs as of the end of 2021. The company has over 80 games on the shelf and over 20 games with lifecycles of over three years. Average monthly active users, or MAUs, of CMGE games reached 19.1 million in 2021. The market share of CMGE for online gaming grossing income in 2021 was around 1%.

Executives

Xiao Jian	2101 Beneficial owner
Sin Hendrick	2101 Beneficial owner
Zsy Holding Company Limited	2201 Interest of corporation controlled by you
Trident Trust Company (b.v.i.) Limited	2301 Trustee
Motion Game Company Limited
Profound Power Investment Limited
Fairview Ridge Investment Limited
Changpei Investment Centre, L.p.
Ambitious Profit Investment Limited
Silver Joyce International Limited
Zhongshouyou Brothers Limited
Xiao Jian	2307 Founder of a discretionary trust who can infl
Victory Aspire Group Limited	2201 Interest of corporation controlled by you
Cmb Wing Lung (trustee) Limited	2301 Trustee
Antopex Limited	2306 Nominee for another person

CMGE Technology Group (HKSE:00302) Headlines

No Headlines