Guangshen Railway Co (Guangshen Railway Co) Total Current Assets : $1,346 Mil (As of Mar. 2024)

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What is Guangshen Railway Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Guangshen Railway Co's total current assets for the quarter that ended in Mar. 2024 was $1,346 Mil.

Guangshen Railway Co Total Current Assets Historical Data

The historical data trend for Guangshen Railway Co'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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Guangshen Railway Co Total Current Assets Chart

Guangshen Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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955.84

957.11

1,057.50

999.66

1,232.22

Guangshen Railway Co 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															1,120.26	1,075.60	1,123.03	1,232.22	1,346.02

Guangshen Railway Co 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.

Guangshen Railway Co'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
	=	207.622	+	962.482	+	40.549	+	21.564
	=	1,232

Guangshen Railway Co'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
	=	355.201	+	927.241	+	48.341	+	15.235
	=	1,346

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.

Guangshen Railway Co (OTCPK:GNGYF) 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.

Guangshen Railway Co'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)
=	355.201	-	1469.152	+	0.75 * 870.968	+	0.5 * 48.341
=	-437

Guangshen Railway Co Total Current Assets Related Terms

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Guangshen Railway Co (Guangshen Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangshen Railway Co Ltd (OTCPK:GNGYF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

00525:Hong Kong GRCH:Germany 601333:China

Address

No. 1052, Heping Road, Guangdong Province, Luohu District, Shenzhen, CHN, 518010

Website

https://www.gsrc.com

Guangshen Railway Co Ltd is one of the key railway operators in southern China's relatively prosperous Guangdong province. It provides both passenger and freight transportation through its wholly owned Guangzhou Shenzhen intercity express rail line and Guangzhou Pingshi rail line, as well as a few long-distance passenger lines. Its operating segment includes The Railway Transportation Business and others. The majority of revenue is generated from the railway transportation business segment.

Guangshen Railway Co (Guangshen Railway Co) Headlines

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