Sunresin New Materials Co Xi'an (SZSE:300487) Total Current Assets : ¥4,418 Mil (As of Mar. 2024)

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What is Sunresin New Materials Co Xi'an Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sunresin New Materials Co Xi'an's total current assets for the quarter that ended in Mar. 2024 was ¥4,418 Mil.

Sunresin New Materials Co Xi'an Total Current Assets Historical Data

The historical data trend for Sunresin New Materials Co Xi'an'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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Sunresin New Materials Co Xi'an Total Current Assets Chart

Sunresin New Materials Co Xi'an Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,067.53

1,382.76

1,915.23

3,190.40

4,231.33

Sunresin New Materials Co Xi'an 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															3,348.26	3,918.00	4,154.51	4,231.33	4,418.00

Sunresin New Materials Co Xi'an 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.

Sunresin New Materials Co Xi'an'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
	=	2338.785	+	739.772	+	1100.064	+	52.705
	=	4,231

Sunresin New Materials Co Xi'an'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
	=	2323.809	+	872.234	+	1160.599	+	61.361
	=	4,418

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.

Sunresin New Materials Co Xi'an (SZSE:300487) 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.

Sunresin New Materials Co Xi'an'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)
=	2323.809	-	2205.766	+	0.75 * 715.988	+	0.5 * 1160.599
=	1,235

Sunresin New Materials Co Xi'an Total Current Assets Related Terms

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Sunresin New Materials Co Xi'an (SZSE:300487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunresin New Materials Co Ltd Xi'an (SZSE:300487) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 135, Jinye Road, Xi'an High-tech Development Zone, Sunresin Park, Shaanxi, CHN, 710076

Website

http://www.sunresin.com

Sunresin New Materials Co Ltd Xi'an is engaged in the research and development, manufacture, and sale of adsorption and separation polymeric resins and equipment. The company products are used in food and beverage purification, pharmaceuticals, herbal extracts, enzyme immobilization, chromatography media, membrane caustic soda, solid phase synthesis, biodiesel purification, hydrometallurgy, mining, precious metal recycling, aquarium treatment, and others.

Executives

An Yuan	Directors, executives
Li Sui Dang	Director
Li Yan Jun	Supervisors
Fan Wen Min	Supervisors
Wei Wei Jun	Directors, executives
Kou Xiao Kang	Directors, executives
Gao Yue Jing	Director
Zhang Cheng	Directors, executives
Yang Ya Ling	Supervisors
Wang Ri Sheng	Supervisors
Xu Shu E	Supervisors
Guan Li Min	Directors, executives
Su Bi Wu	Supervisors
Tian Xiao Jun	Directors, executives

Sunresin New Materials Co Xi'an (SZSE:300487) Headlines

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