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GRG Banking Equipment Co (SZSE:002152) Other Current Assets : ¥1,223 Mil (As of Mar. 2024)


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What is GRG Banking Equipment Co Other Current Assets?

GRG Banking Equipment Co's other current assets for the quarter that ended in Mar. 2024 was ¥1,223 Mil.

GRG Banking Equipment Co's quarterly other current assets increased from Sep. 2023 (¥1,202 Mil) to Dec. 2023 (¥1,536 Mil) but then declined from Dec. 2023 (¥1,536 Mil) to Mar. 2024 (¥1,223Mil).

GRG Banking Equipment Co's annual other current assets increased from Dec. 2021 (¥758 Mil) to Dec. 2022 (¥1,057 Mil) increased from Dec. 2022 (¥1,057 Mil) to Dec. 2023 (¥1,536 Mil).


GRG Banking Equipment Co Other Current Assets Historical Data

The historical data trend for GRG Banking Equipment Co's Other 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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GRG Banking Equipment Co Other Current Assets Chart

GRG Banking Equipment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.81 222.72 758.27 1,057.24 1,535.91

GRG Banking Equipment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other 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 1,034.92 1,162.30 1,201.88 1,535.91 1,222.62

GRG Banking Equipment Co Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


GRG Banking Equipment Co Other Current Assets Related Terms

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GRG Banking Equipment Co (SZSE:002152) Business Description

Traded in Other Exchanges
N/A
Address
No. 911, Colin Road, Science City, Hi-Tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
GRG Banking Equipment Co Ltd is engaged in the development and manufacturing of automated teller machines. Its business covers many more areas, such as smart transportation solution, public security with AI technologies like biometrics identification, image, and video analysis, and big data. Its products and services consist of a financial self-service solution such as retail solution and branch automation, cash sorting machine, OEM module, and terminal equipment.
Executives
Zhong Yong Secretary Dong
Ye Zi Yu Directors, executives
Kuang Jian Zhou Supervisors
Jiang Chun Chen Executives
Feng Feng Sui Supervisors
Li Ye Dong Executives
Chen Zhen Guang Executives
Zhu Li Xin Supervisors
Xiao Xun Yong Director
Chen Jian Liang Executives
Zhao You Yong Director
Yang Hai Zhou Director
Zhou Jian Kang Supervisors
Ceng Wen Executives
Wang Jun Director

GRG Banking Equipment Co (SZSE:002152) Headlines

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