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Shining Victory Motor Electronic Co (ROCO:2248) Total Current Assets : NT$1,689 Mil (As of Dec. 2023)


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What is Shining Victory Motor Electronic Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shining Victory Motor Electronic Co's total current assets for the quarter that ended in Dec. 2023 was NT$1,689 Mil.


Shining Victory Motor Electronic Co Total Current Assets Historical Data

The historical data trend for Shining Victory Motor Electronic 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.

* Premium members only.

Shining Victory Motor Electronic Co Total Current Assets Chart

Shining Victory Motor Electronic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 724.16 780.01 841.65 1,343.35 1,689.11

Shining Victory Motor Electronic Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 841.65 980.46 1,343.35 1,443.63 1,689.11

Shining Victory Motor Electronic 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.

Shining Victory Motor Electronic Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Shining Victory Motor Electronic Co's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.

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.


Shining Victory Motor Electronic Co  (ROCO:2248) 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.

Shining Victory Motor Electronic Co'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)
=197.078-1197.468+0.75 * 833.341+0.5 * 298.098
=-226

* 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.


Shining Victory Motor Electronic Co Total Current Assets Related Terms

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Shining Victory Motor Electronic Co (ROCO:2248) Business Description

Traded in Other Exchanges
N/A
Address
No.1199, Xinxing 2nd Road, Economic Development Zone, Zhejiang Province, Pinghu, CHN
Shining Victory Motor Electron is a Chinese holding company that operates in the auto industry. The company through its holding is engaged in manufacturing auto parts, photoelectric products, and car decoration products. Its products offerings include Interior Ambient Lamp Series, LED Photoelectric Series, Interior/ exterior Decoration, and Refitted vehicle series all used in auto industry.

Shining Victory Motor Electronic Co (ROCO:2248) Headlines

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