Fujian Qingshan Paper Industry Co (SHSE:600103) Total Current Assets : ¥3,817 Mil (As of Mar. 2024)

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What is Fujian Qingshan Paper Industry Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fujian Qingshan Paper Industry Co's total current assets for the quarter that ended in Mar. 2024 was ¥3,817 Mil.

Fujian Qingshan Paper Industry Co Total Current Assets Historical Data

The historical data trend for Fujian Qingshan Paper Industry 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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Fujian Qingshan Paper Industry Co Total Current Assets Chart

Fujian Qingshan Paper Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,397.76

3,287.90

3,271.19

3,603.16

3,814.76

Fujian Qingshan Paper Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															3,676.28	3,585.27	3,598.54	3,814.76	3,816.78

Fujian Qingshan Paper Industry 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.

Fujian Qingshan Paper Industry Co'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
	=	2478.989	+	753.427	+	530.728	+	51.617
	=	3,815

Fujian Qingshan Paper Industry Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2343.679	+	866.429	+	551.359	+	55.311
	=	3,817

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.

Fujian Qingshan Paper Industry Co (SHSE:600103) 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.

Fujian Qingshan Paper Industry Co's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2343.679	-	2006.11	+	0.75 * 227.351	+	0.5 * 551.359
=	784

Fujian Qingshan Paper Industry Co Total Current Assets Related Terms

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Fujian Qingshan Paper Industry Co (SHSE:600103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Fujian Qingshan Paper Industry Co Ltd (SHSE:600103) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Junzhu Road, Mawei Economic and Technology Development Zone, Fuzhou, Fujian, CHN, 365506

Website

http://www.qingshanpaper.com

Fujian Qingshan Paper Industry Co Ltd is a China-based company engaged in the production and sales of paper products. Its principal products cover paper bags, pulp board, paperboard and corrugated paper products, paper products, optoelectronic products and forest products. The company distributes its products in domestic and overseas markets.

Executives

Yu Zong Yuan	Directors, senior managers
Lin Xiao He	Director
Pan Qi Xing	senior management
Ye Yu	Director
Yu Jian Ming	senior management
Liang Ming Fu	senior management
Lin Yan Rong	Director
Liu Jie	Director
Zhou Mu Sheng	senior management
Huang Feng Shi	senior management
Wu Bing Wen	senior management

Fujian Qingshan Paper Industry Co (SHSE:600103) Headlines

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