Hefei Chipmore Technology Co (SHSE:688352) Total Current Assets : ¥2,638 Mil (As of Mar. 2024)

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What is Hefei Chipmore Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hefei Chipmore Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,638 Mil.

Hefei Chipmore Technology Co Total Current Assets Historical Data

The historical data trend for Hefei Chipmore 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.

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Hefei Chipmore Technology Co Total Current Assets Chart

Hefei Chipmore Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

957.86

913.63

1,087.67

1,273.56

2,986.08

Hefei Chipmore Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial								1,063.12	3,017.40	3,045.46	2,986.08	2,638.38

Hefei Chipmore 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.

Hefei Chipmore 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
	=	2286.615	+	217.185	+	408.214	+	74.069
	=	2,986

Hefei Chipmore 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
	=	1956.815	+	168.238	+	404.781	+	108.549
	=	2,638

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.

Hefei Chipmore Technology Co (SHSE:688352) 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.

Hefei Chipmore 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)
=	1956.815	-	1209.281	+	0.75 * 163.481	+	0.5 * 404.781
=	1,073

Hefei Chipmore Technology Co Total Current Assets Related Terms

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Hefei Chipmore Technology Co (SHSE:688352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hefei Chipmore Technology Co Ltd (SHSE:688352) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Comprehensive Free Trade Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.chipmore.com.cn

Hefei Chipmore Technology Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It can provide customers with a full range of comprehensive integrated circuit packaging and testing services, covering display driver chips, power management chips, RF front-end chips and other products.

Executives

Wang Xiao Feng

Core technical personnel

Hefei Chipmore Technology Co (SHSE:688352) Headlines

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