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Grand Baoxin Auto Group (HKSE:01293) Total Current Liabilities : HK$12,514 Mil (As of Dec. 2023)


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What is Grand Baoxin Auto Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Grand Baoxin Auto Group's total current liabilities for the quarter that ended in Dec. 2023 was HK$12,514


Grand Baoxin Auto Group Total Current Liabilities Historical Data

The historical data trend for Grand Baoxin Auto Group's Total Current Liabilities 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.

Grand Baoxin Auto Group Total Current Liabilities Chart

Grand Baoxin Auto Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,349.98 17,189.31 17,678.75 15,192.80 12,513.90

Grand Baoxin Auto Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities 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 17,678.75 13,774.81 15,192.80 12,405.23 12,513.90

Grand Baoxin Auto Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Grand Baoxin Auto Group's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2113.698+9710.509
+Other Current Liabilities+Current Deferred Liabilities
=689.695+0
=12,514

Grand Baoxin Auto Group's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2113.698+9710.509
+Other Current Liabilities+Current Deferred Liabilities
=689.695+0
=12,514

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Grand Baoxin Auto Group Total Current Liabilities Related Terms

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Grand Baoxin Auto Group (HKSE:01293) Business Description

Traded in Other Exchanges
Address
No. 3998 Hongxin Road, Grand Baoxin Building, Minhang District, Shanghai, CHN
Grand Baoxin Auto Group Ltd is an automobile sales and service group which focuses on mid-and-high end brands as well as luxury and ultra-luxury brands. It has only one reportable segment being the Sale of Motor Vehicles and the Provision of Related Services. The company offers a full range of integrated services, providing a range of services including new car sales, after-sales maintenance, auto beauty modification, used car sales, auto insurance business, auto parts sales, and other automotive-related product sales. The company's car brand portfolio comprises of Audi, Jaguar Land Rover, Volvo, Cadillac, Chrysler, Alfa Romeo, Porsche, Rolls Royce, and others. The company operates in Mainland China.
Executives
Sun Guangxin 2201 Interest of corporation controlled by you
Xin Jiang Guang Hui Shi Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Xiang Gang You Xian Gong Si 2101 Beneficial owner
Guang Hui Qi Che Fu Wu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Ji Tuan Gu Fen Gong Si Guang Hui Qi Che Fu Wu Gu Fen Gong Si 2201 Interest of corporation controlled by you
Shang Hai Hui Yong Qi Che Xiao Shou You Xian Gong Si 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
M Asia Holding Limited 2201 Interest of corporation controlled by you
Yang Chu Yu 2307 Founder of a discretionary trust who can infl
Extensive Success Holding Limited 2201 Interest of corporation controlled by you
Yang Aihua 2307 Founder of a discretionary trust who can infl
Baoxin Investment Management Ltd. 2101 Beneficial owner

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