China Chunlai Education Group Co (HKSE:01969) Total Current Assets : HK$1,577 Mil (As of Aug. 2023)

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What is China Chunlai Education Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China Chunlai Education Group Co's total current assets for the quarter that ended in Aug. 2023 was HK$1,577 Mil.

China Chunlai Education Group Co Total Current Assets Historical Data

The historical data trend for China Chunlai Education Group Co'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 Chunlai Education Group Co Total Current Assets Chart

China Chunlai Education Group Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Current Assets

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1,088.91

479.00

674.47

1,287.70

1,577.13

China Chunlai Education Group Co Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Current Assets	Get a 7-Day Free Trial												490.87	1,287.70	1,303.67	1,577.13	-

China Chunlai Education Group Co 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 Chunlai Education Group Co's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	852.659	+	247.027	+	0	+	477.445
	=	1,577

China Chunlai Education Group Co's Total Current Assets for the quarter that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	852.659	+	247.027	+	0	+	477.445
	=	1,577

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 Chunlai Education Group Co (HKSE:01969) 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 Chunlai Education Group Co's Liquidation Value for the quarter that ended in Aug. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	852.659	-	3435.755	+	0.75 * 161.29	+	0.5 * 0
=	-2,462

China Chunlai Education Group Co Total Current Assets Related Terms

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China Chunlai Education Group Co (HKSE:01969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Chunlai Education Group Co Ltd (HKSE:01969) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66, Beihai East Road, Henan Province, Shangqiu, CHN, 476000

Website

https://www.chunlaiedu.com

China Chunlai Education Group Co Ltd is an investment holding company. The company through its subsidiaries is engaged in the operation of private higher education institutions. It generates revenue from tuition fees and Boarding fees. Geographically, it derives revenue from China.

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