Tianqi Lithium Industries (SZSE:002466) Total Current Assets : ¥16,636 Mil (As of Mar. 2024)

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What is Tianqi Lithium Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tianqi Lithium Industries's total current assets for the quarter that ended in Mar. 2024 was ¥16,636 Mil.

Tianqi Lithium Industries Total Current Assets Historical Data

The historical data trend for Tianqi Lithium Industries'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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Tianqi Lithium Industries Total Current Assets Chart

Tianqi Lithium Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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6,443.03

2,854.38

6,470.44

25,989.78

19,629.04

Tianqi Lithium Industries 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															27,998.83	27,324.83	22,421.96	19,629.04	16,636.19

Tianqi Lithium Industries 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.

Tianqi Lithium Industries'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
	=	9603.344	+	4644.358	+	3150.5	+	2230.838
	=	19,629

Tianqi Lithium Industries'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
	=	9394.835	+	2211.719	+	2993.657	+	2035.978
	=	16,636

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.

Tianqi Lithium Industries (SZSE:002466) 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.

Tianqi Lithium Industries'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)
=	9394.835	-	17123.402	+	0.75 * 1344.209	+	0.5 * 2993.657
=	-5,224

Tianqi Lithium Industries Total Current Assets Related Terms

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Tianqi Lithium Industries (SZSE:002466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tianqi Lithium Industries Inc (SZSE:002466) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.10 East Gaopeng Road, Hi-Tech Development Zone, Sichuan Province, Chengdu, CHN, 629200

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Executives

Yan Dong	Executives
Guo Wei	Executives
Zou Jun	Directors, executives
Li Bo	Directors, Directors, and Executives
Fu Xu Mei	Securities Affairs Representative
Ge Wei	Executives
Wu Wei	Directors, executives
Jiang Wei Ping	Director
She Shi Fu	Supervisors

Tianqi Lithium Industries (SZSE:002466) Headlines

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