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China Titans Energy Technology Group Co (HKSE:02188) Total Current Liabilities : HK$431.9 Mil (As of Dec. 2023)


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What is China Titans Energy Technology Group Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China Titans Energy Technology Group Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$431.9


China Titans Energy Technology Group Co Total Current Liabilities Historical Data

The historical data trend for China Titans Energy Technology Group Co'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.

China Titans Energy Technology Group Co Total Current Liabilities Chart

China Titans Energy Technology Group Co 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 273.83 301.94 345.49 377.30 431.89

China Titans Energy Technology Group Co 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 345.49 367.69 377.30 353.50 431.89

China Titans Energy Technology Group Co Total Current Liabilities Calculation

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

China Titans Energy Technology Group Co'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
=237.458+117.39
+Other Current Liabilities+Current Deferred Liabilities
=77.039+0
=431.9

China Titans Energy Technology Group Co'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
=237.458+117.39
+Other Current Liabilities+Current Deferred Liabilities
=77.039+0
=431.9

* 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


China Titans Energy Technology Group Co Total Current Liabilities Related Terms

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China Titans Energy Technology Group Co (HKSE:02188) Business Description

Traded in Other Exchanges
N/A
Address
No. 60 Shihua Road West, Titans Science and Technology Park, Guangdong Province, Zhuhai, CHN, 519015
China Titans Energy Technology Group Co Ltd is engaged in the supply of power electric products and equipment, the sales and leases of electric vehicles, the provision of charging services for electric vehicles, and construction services of charging poles for electric vehicles under Build-Operate-Transfer (BOT) arrangements. Its reporting segments are DC Power System; Charging Equipment; and Charging Services and Construction. The company generates majority of its revenue from the Charging Equipment segment. Its Charging Equipment segment is engaged in the manufacturing and sales of charging equipment for electric vehicles. Geographically, it operates in the PRC.
Executives
Li Xin Qing 2101 Beneficial owner
Zeng Zhen 2202 Interest of your spouse
An Wei 2101 Beneficial owner
Yan Kai 2202 Interest of your spouse
Li Xiao Bin 2101 Beneficial owner
Zhang Lina 2202 Interest of your spouse
Genius Mind Enterprises Limited
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Honor Boom Investments Limited
Tang Shan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Lu Chuping 2201 Interest of corporation controlled by you
Zhong Shan Da Yang Dian Ji Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Da Yang Dian Ji Xiang Gang You Xian Gong Si 2101 Beneficial owner

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