Shenzhen MinDe Electronics Technology (SZSE:300656) Total Current Assets : ¥551.3 Mil (As of Mar. 2024)

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What is Shenzhen MinDe Electronics Technology Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shenzhen MinDe Electronics Technology's total current assets for the quarter that ended in Mar. 2024 was ¥551.3 Mil.

Shenzhen MinDe Electronics Technology Total Current Assets Historical Data

The historical data trend for Shenzhen MinDe Electronics Technology'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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Shenzhen MinDe Electronics Technology Total Current Assets Chart

Shenzhen MinDe Electronics Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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473.65

480.50

456.17

529.06

542.91

Shenzhen MinDe Electronics Technology 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															574.08	530.64	521.24	542.91	551.26

Shenzhen MinDe Electronics Technology 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.

Shenzhen MinDe Electronics Technology'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
	=	148.68	+	247.93	+	97.358	+	48.942
	=	542.9

Shenzhen MinDe Electronics Technology'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
	=	147.229	+	226.607	+	108.28	+	69.142
	=	551.3

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.

Shenzhen MinDe Electronics Technology (SZSE:300656) 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.

Shenzhen MinDe Electronics Technology'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)
=	147.229	-	588.601	+	0.75 * 181.559	+	0.5 * 108.28
=	-251.1

Shenzhen MinDe Electronics Technology Total Current Assets Related Terms

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Shenzhen MinDe Electronics Technology (SZSE:300656) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shenzhen MinDe Electronics Technology Ltd (SZSE:300656) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No.5, Kezhi Xi Road, 5th Floor, Section 1, 25th Block, Keji Yuan, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.mindeo.cn

Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.

Executives

Huang Xiao Dong	Directors, executives
Gao Jian	Directors, executives
Luo Yuan Xiong	Supervisors
Zou Shan Feng	Director
Fan Zhang Zheng	Directors, executives
Yi Yang Qing	Directors, executives
Bai Nan	Supervisors
Chen Guo Bing	Securities Affairs Representative
Xu Wen Huan	Directors, executives

Shenzhen MinDe Electronics Technology (SZSE:300656) Headlines

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