Gotion High-tech Co (SZSE:002074) Total Current Assets : ¥44,543 Mil (As of Mar. 2024)

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What is Gotion High-tech Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gotion High-tech Co's total current assets for the quarter that ended in Mar. 2024 was ¥44,543 Mil.

Gotion High-tech Co Total Current Assets Historical Data

The historical data trend for Gotion High-tech 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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Gotion High-tech Co Total Current Assets Chart

Gotion High-tech Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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14,761.00

15,619.51

25,278.71

37,486.86

42,429.22

Gotion High-tech 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															40,728.06	43,292.75	43,734.91	42,429.22	44,543.43

Gotion High-tech 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.

Gotion High-tech 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
	=	19220.136	+	14022.229	+	5678.694	+	3508.159
	=	42,429

Gotion High-tech 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
	=	17940.17	+	17520.565	+	5438.129	+	3644.57
	=	44,543

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.

Gotion High-tech Co (SZSE:002074) 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.

Gotion High-tech 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)
=	17940.17	-	71885.001	+	0.75 * 15875.236	+	0.5 * 5438.129
=	-39,319

Gotion High-tech Co Total Current Assets Related Terms

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Gotion High-tech Co (SZSE:002074) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gotion High-tech Co Ltd (SZSE:002074) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 599 Daihe Road, Xinzhan District, Hefei, CHN, 230012

Website

http://www.gotion.com.cn

Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 3% market share in 2022 in terms of installed capacity, and fourth in China with 5% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.

Executives

An Dong Liang	Executives
	Director
Wu Yong Gang	Executives
Hou Fei	Executives
Peng Ming	Supervisors
Huang Zhang Xi	Executives
	Director
Song Jin Bao	Executives
Yang Xu Lai	Director
Li Zhen	Directors, executives
Shen Qiang Sheng	Securities Affairs Representative
Fang Xin Yu	Executives
Ma Gui Fu	Directors, executives
Hu Jiang Lin	Directors, executives
Qiu Wei Dong	Directors, executives

Gotion High-tech Co (SZSE:002074) Headlines

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