China Renewable Energy Investment (HKSE:00987) Total Current Assets : HK$521.2 Mil (As of Dec. 2023)

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What is China Renewable Energy Investment Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China Renewable Energy Investment's total current assets for the quarter that ended in Dec. 2023 was HK$521.2 Mil.

China Renewable Energy Investment Total Current Assets Historical Data

The historical data trend for China Renewable Energy Investment'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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China Renewable Energy Investment Total Current Assets Chart

China Renewable Energy Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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631.86

638.78

714.12

716.34

521.17

China Renewable Energy Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															714.12	689.41	716.34	608.62	521.17

China Renewable Energy Investment 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.

China Renewable Energy Investment'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
	=	164.29	+	345.343	+	11.541	+	0
	=	521.2

China Renewable Energy Investment'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
	=	164.29	+	345.343	+	11.541	+	0
	=	521.2

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.

China Renewable Energy Investment (HKSE:00987) 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.

China Renewable Energy Investment'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)
=	164.29	-	377.233	+	0.75 * 289.572	+	0.5 * 11.541
=	10.0

China Renewable Energy Investment Total Current Assets Related Terms

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China Renewable Energy Investment (HKSE:00987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Renewable Energy Investment Ltd (HKSE:00987) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

75 Mody Road, 9th Floor, Tower 1, South Seas Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG

Website

https://www.cre987.com

China Renewable Energy Investment Ltd is an investment holding company. The principal activity of the group is the renewable energy business. It conducts a majority of its business operations in the People's Republic of China. The company's sales of electricity were all generated by the wind power plants and a distributed solar project of the group. Some of its projects are Danjinghe, Nanxun, Mudanjiang, and Songxian, among others.

Executives

Claudio Holdings Limited	2201 Interest of corporation controlled by you
Hkc (holdings) Limited	2201 Interest of corporation controlled by you
Oei Kang, Eric	2201 Interest of corporation controlled by you
Oei Valonia Lau	2202 Interest of your spouse
Genesis Capital Group Limited	2101 Beneficial owner
Creator Holdings Limited	2101 Beneficial owner

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