China ZhengTong Auto Services Holdings (HKSE:01728) Total Current Assets : HK$15,779 Mil (As of Dec. 2023)

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What is China ZhengTong Auto Services Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China ZhengTong Auto Services Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$15,779 Mil.

China ZhengTong Auto Services Holdings Total Current Assets Historical Data

The historical data trend for China ZhengTong Auto Services 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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China ZhengTong Auto Services Holdings Total Current Assets Chart

China ZhengTong Auto Services Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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26,856.92

16,542.91

15,662.10

15,444.27

15,779.16

China ZhengTong Auto Services Holdings 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															15,662.10	15,640.49	15,444.27	15,979.80	15,779.16

China ZhengTong Auto Services 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.

China ZhengTong Auto Services Holdings'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
	=	952.899	+	5565.545	+	4125.627	+	5135.089
	=	15,779

China ZhengTong Auto Services Holdings'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
	=	952.899	+	5565.545	+	4125.627	+	5135.089
	=	15,779

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 ZhengTong Auto Services Holdings (HKSE:01728) 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 ZhengTong Auto Services Holdings'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)
=	952.899	-	30874.907	+	0.75 * 1030.284	+	0.5 * 4125.627
=	-27,086

China ZhengTong Auto Services Holdings Total Current Assets Related Terms

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China ZhengTong Auto Services Holdings (HKSE:01728) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China ZhengTong Auto Services Holdings Ltd (HKSE:01728) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ZA0:Germany

Address

No. 59, West Third-Ring South Road, Baoze Plaza, Beijing, CHN

Website

http://www.zhengtongauto.com

China ZhengTong Auto Services Holdings Ltd is a China-based investment holding company principally engaged in the sales of passenger motor vehicles, including luxury and ultra-luxury branded automobiles. The Company operates its business through four segments. The 4S Dealership Business segment is engaged in the sales of motor vehicles and motor spare parts and the provision of maintenance services. The Logistics Business segment is engaged in the provision of motor-related logistics services. The Lubricant Oil Business segment is engaged in the trading of lubricant oil. The Financial Services Business segment is engaged in the provision of financial services to auto customers and dealers.

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