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Xiamen Jihong Technology Co (SZSE:002803) Total Current Assets : ¥1,930 Mil (As of Mar. 2024)


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What is Xiamen Jihong Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xiamen Jihong Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥1,930 Mil.

Xiamen Jihong Technology Co Total Current Assets Historical Data

The historical data trend for Xiamen Jihong 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.

Xiamen Jihong Technology Co Total Current Assets Chart

Xiamen Jihong 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 1,593.75 1,990.76 1,936.87 2,141.39 2,255.70

Xiamen Jihong 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 2,072.60 2,146.34 2,150.57 2,255.70 1,929.72

Xiamen Jihong 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.

Xiamen Jihong 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
=1146.731+529.513+456.076+123.382
=2,256

Xiamen Jihong 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
=801.859+532.904+434.898+160.06
=1,930

* 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.

Xiamen Jihong Technology Co  (SZSE:002803) 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.

Xiamen Jihong 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)
=801.859-1039.541+0.75 * 475.386+0.5 * 434.898
=336

* 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.

Xiamen Jihong Technology Co Total Current Assets Related Terms

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Xiamen Jihong Technology Co (SZSE:002803) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Xiamen Jihong Technology Co Ltd (SZSE:002803) » Definitions » Total Current Assets
Comparable Companies
SHSE:600210 SHSE:601515 SZSE:002191 SZSE:002243 SHSE:601968 SZSE:002585 SZSE:300057 SZSE:002303 SZSE:002014 SZSE:002752 BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN
Traded in Other Exchanges
N/A
Address
No. 9 Putou Road, Dongfu Industrial Zone, Haicang District, Fujian Province, Xiamen, CHN, 361027
Website
http://www.jihong.cc
Xiamen Jihong Technology Co Ltd provides integrated packing solutions in China. The company designs, pre-presses, produces and distributes various packaging products, including cardboard packing, corrugate packing, rigid box, and plastic packing products. Its business categories include fast-moving consumer goods (FMCG) packaging, food packaging, frozen food packaging, electronic goods packaging, and cushion sales packaging. Its products include folding boxes for high automation assembly, window patching boxes, cold and humidity resistant boxes, rigid boxes, displays, and plastic packing.
Executives
Zhuang Hao Directors, executives
Wang Ya Peng Director
Zhang He Ping Directors, executives
Zhuang Shu Directors, executives
Wang Hai Ying Supervisors

Xiamen Jihong Technology Co (SZSE:002803) Headlines

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