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Min Xin Holdings (HKSE:00222) Total Current Assets : HK$1,450.8 Mil (As of Dec. 2023)


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What is Min Xin Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Min Xin Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$1,450.8 Mil.

Min Xin Holdings Total Current Assets Historical Data

The historical data trend for Min Xin Holdings'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.

* Premium members only.

Min Xin Holdings Total Current Assets Chart

Min Xin Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,037.74 1,409.72 1,422.52 1,236.67 1,450.82

Min Xin Holdings 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 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 1,422.52 1,541.09 1,236.67 1,292.96 1,450.82

Min Xin Holdings 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.

Min Xin Holdings'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
=1044.155+68.548+0+338.12
=1,450.8

Min Xin Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1044.155+68.548+0+338.12
=1,450.8

* 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.

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.

Min Xin Holdings  (HKSE:00222) 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.

Min Xin Holdings's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1044.155-1115.275+0.75 * 0+0.5 * 0
=-71.1

* 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.

Min Xin Holdings Total Current Assets Related Terms

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Min Xin Holdings (HKSE:00222) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Min Xin Holdings Ltd (HKSE:00222) » Definitions » Total Current Assets
Comparable Companies
HKSE:03699 HKSE:06093 HKSE:01663 HKSE:00873 HKSE:00674 HKSE:02152 HKSE:00982 HKSE:06677 HKSE:02205 HKSE:06668 PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
MXD:Germany
Address
No. 8 Cotton Tree Drive, 17th Floor, Fairmont House, Central, Hong Kong, HKG
Website
https://www.minxin.com.hk
Min Xin Holdings Ltd is a Hong Kong-based investment holding company. It provides business including banking investment, microfinance, insurance, property investment, and energy investment. Mainland China. It organizes its business into five segments namely Financial Services, Insurance, Property investment, Strategic Investment, and Other activities. It operates its business in Hong Kong, Mainland China, and Macau, and derives a majority of its revenue from Macau.
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