Beijing Tianyishangjia New Material (SHSE:688033) Total Current Assets : ¥4,100 Mil (As of Mar. 2024)

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What is Beijing Tianyishangjia New Material Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Beijing Tianyishangjia New Material's total current assets for the quarter that ended in Mar. 2024 was ¥4,100 Mil.

Beijing Tianyishangjia New Material Total Current Assets Historical Data

The historical data trend for Beijing Tianyishangjia New Material'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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Beijing Tianyishangjia New Material Total Current Assets Chart

Beijing Tianyishangjia New Material Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,762.08

1,725.59

1,577.05

3,717.98

4,131.76

Beijing Tianyishangjia New Material 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															3,304.98	3,547.17	3,973.72	4,131.76	4,100.18

Beijing Tianyishangjia New Material 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.

Beijing Tianyishangjia New Material'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
	=	1184.566	+	1478.227	+	976.148	+	492.818
	=	4,132

Beijing Tianyishangjia New Material'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
	=	1041.866	+	1476.567	+	971.192	+	610.553
	=	4,100

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.

Beijing Tianyishangjia New Material (SHSE:688033) 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.

Beijing Tianyishangjia New Material'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)
=	1041.866	-	3542.33	+	0.75 * 1239.343	+	0.5 * 971.192
=	-1,085

Beijing Tianyishangjia New Material Total Current Assets Related Terms

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Beijing Tianyishangjia New Material (SHSE:688033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Tianyishangjia New Material Corp Ltd (SHSE:688033) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094

Website

http://www.bjtysj.com

Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production and sales of powder metallurgy brakes and locomotives, urban rail brakes and brake shoes for high-speed trains.

Executives

Long Bo	Core technical personnel
Hu Chen	Core technical personnel
Wu Peng	Directors, senior managers
Yang Kai Lin	Directors, senior managers
Cheng Jing Lin	Core technical personnel
Wu Pei Fang	Director, core technical staff
Xia Fei	senior management
Liu Shuai	senior management
Cao Jing Wu	Senior management, core technical personnel
Shi Jia Cai Rang	Directors, senior managers, core technical personn
Hou Yu Bo	senior management

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