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Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Total Current Assets : ¥2,776 Mil (As of Mar. 2024)


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What is Jiangsu Tongrun Equipment Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jiangsu Tongrun Equipment Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,776 Mil.

Jiangsu Tongrun Equipment Technology Co Total Current Assets Historical Data

The historical data trend for Jiangsu Tongrun Equipment 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.

Jiangsu Tongrun Equipment Technology Co Total Current Assets Chart

Jiangsu Tongrun Equipment Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,281.87 1,360.63 1,526.96 1,536.85 2,821.98

Jiangsu Tongrun Equipment 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,488.02 2,985.07 2,739.74 2,821.98 2,776.14

Jiangsu Tongrun Equipment 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.

Jiangsu Tongrun Equipment 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
=948.662+867.557+890.782+114.976
=2,822

Jiangsu Tongrun Equipment 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
=892.238+826.698+938.229+118.971
=2,776

* 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.

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.

Jiangsu Tongrun Equipment Technology Co  (SZSE:002150) 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.

Jiangsu Tongrun Equipment 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)
=892.238-2224.239+0.75 * 737.137+0.5 * 938.229
=-310

* 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.

Jiangsu Tongrun Equipment Technology Co Total Current Assets Related Terms

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Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Tongrun Equipment Technology Co Ltd (SZSE:002150) » Definitions » Total Current Assets
Comparable Companies
SZSE:002322 SZSE:301368 SZSE:002779 SHSE:605056 SZSE:002843 SHSE:603667 SZSE:300193 SHSE:600366 SHSE:688308 SZSE:002282 HKSE:00669 SNA SWK LECO OSTO:SKF B TTC RBC TSE:6586 TKR XSWX:SFSN
Traded in Other Exchanges
N/A
Address
Tonggang Road, Zhouxing Tonggang Industrial Development Zone, Jiangsu, Changshu, CHN, 215517
Website
http://www.tongrunindustries.com
Jiangsu Tongrun Equipment Technology Co Ltd is engaged in business of sheet metal products and electrical products. The products of the company include metal toolbox cabinets, steel office furniture, precision sheet metal parts, complete set of electrical control cabinets, and high voltage circuit breakers. The company generates majority of revenue from metal tool manufacturing.
Executives
Cai Lan Directors, executives
Wang Yue Hong Directors, executives
Liu Zhen Jiang Directors, executives
Wang Xiang Yuan Supervisors
Liu Xiao Yu Securities Affairs Representative
Gao Jin Xiang Director
Gu Xiong Bin Director
Shen Hong Director

Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Headlines

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