Central Development Holdings (HKSE:00475) Total Current Assets : HK$49.7 Mil (As of Sep. 2023)

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What is Central Development Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Central Development Holdings's total current assets for the quarter that ended in Sep. 2023 was HK$49.7 Mil.

Central Development Holdings Total Current Assets Historical Data

The historical data trend for Central Development Holdings'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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Central Development Holdings Total Current Assets Chart

Central Development Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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107.47

75.20

66.21

65.65

37.44

Central Development Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															77.04	65.65	59.31	37.44	49.72

Central Development Holdings 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.

Central Development Holdings's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	13.122	+	21.89	+	2.427	+	0
	=	37.4

Central Development Holdings's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	19.419	+	10.763	+	2.566	+	16.967
	=	49.7

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.

Central Development Holdings (HKSE:00475) 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.

Central Development Holdings's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.419	-	220.068	+	0.75 * 7.29	+	0.5 * 2.566
=	-193.9

Central Development Holdings Total Current Assets Related Terms

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Central Development Holdings (HKSE:00475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Central Development Holdings Ltd (HKSE:00475) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

178 Gloucester Road, Room 2202, 22nd Floor, Wanchai, Chinachem Century Tower, Hong Kong, HKG

Website

http://www.475hk.com

Central Development Holdings Ltd is principally engaged in the Jewelry business and Solar energy business segments. The Jewelry business segment involves the wholesale of jewelry. Its Solar Energy business segment includes manufacturing and sales of solar cooling intelligent technology products using thermal cooling-stored pipes and sales of solar photovoltaic modules and components and provision of energy efficiency analysis and technology improvement advisory services on solar energy projects. The company generates maximum revenue from Liquefied natural gas (LNG) geographically, it derives a majority of its revenue from PRC.

Executives

Zhang Bing
Hu Yangjun	2101 Beneficial owner
Zhang Qi	2202 Interest of your spouse
Zhang Bing	2101 Beneficial owner
Resources Rich Capital Limited
Hu Yishi
Lin Min,mindy

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