Beijing Balance Medical Technology Co (SHSE:688198) Total Current Assets : ¥605.1 Mil (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Beijing Balance Medical Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Beijing Balance Medical Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥605.1 Mil.

Beijing Balance Medical Technology Co Total Current Assets Historical Data

The historical data trend for Beijing Balance Medical Technology 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.

Beijing Balance Medical Technology Co Total Current Assets Chart

Beijing Balance Medical Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

733.94

807.52

853.19

724.38

679.22

Beijing Balance Medical Technology 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															652.16	749.53	745.92	679.22	605.15

Beijing Balance Medical Technology 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.

Beijing Balance Medical Technology 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
	=	402.306	+	89.136	+	34.9	+	152.873
	=	679.2

Beijing Balance Medical Technology 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
	=	388.052	+	90.168	+	40.597	+	86.331
	=	605.1

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 Balance Medical Technology Co (SHSE:688198) 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 Balance Medical Technology 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)
=	388.052	-	112.59	+	0.75 * 83.051	+	0.5 * 40.597
=	358.0

Beijing Balance Medical Technology Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Beijing Balance Medical Technology Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Balance Medical Technology Co (SHSE:688198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beijing Balance Medical Technology Co Ltd (SHSE:688198) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Huachang Road, East District, Science Park, Changping District, Beijing, CHN, 102200

Website

http://www.bairenmedical.com

Beijing Balance Medical Technology Co Ltd is engaged in the research and development and production of animal-derived implantable medical devices. The company's products are used in heart valve replacement and repair, congenital heart disease implant intervention and surgical soft tissue repair.

Executives

Wu Jia	Core technical personnel
Fan Zhi Hao	Core technical personnel
Zhu Li Wu	Core technical personnel
Bo Bin Xu	Core technical personnel
Zheng Xue Qin	Core technical personnel
Jin Lei	Directors, senior managers, core technical personn
Cheng Qi	Director

Beijing Balance Medical Technology Co (SHSE:688198) Headlines

No Headlines