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China Nonferrous Mining (HKSE:01258) Total Current Assets : HK$16,618 Mil (As of Dec. 2023)


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What is China Nonferrous Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China Nonferrous Mining's total current assets for the quarter that ended in Dec. 2023 was HK$16,618 Mil.


China Nonferrous Mining Total Current Assets Historical Data

The historical data trend for China Nonferrous Mining'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.

China Nonferrous Mining Total Current Assets Chart

China Nonferrous Mining 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 10,960.95 12,447.06 17,499.74 17,486.62 16,617.55

China Nonferrous Mining 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 17,499.74 19,654.80 17,486.62 18,545.06 16,617.55

China Nonferrous Mining 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.

China Nonferrous Mining's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

China Nonferrous Mining's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.


China Nonferrous Mining  (HKSE:01258) 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.

China Nonferrous Mining'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)
=4704.342-10409.761+0.75 * 3261.193+0.5 * 6726.354
=104

* 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.


China Nonferrous Mining Total Current Assets Related Terms

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China Nonferrous Mining (HKSE:01258) Business Description

Traded in Other Exchanges
Address
32 Enos Chomba Road, Kitwe, ZMB
China Nonferrous Mining Corp Ltd is engaged in the exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper, and copper anodes, copper-cobalt alloy, cobaltous hydroxide, and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
Executives
Zhong Guo You Se Kuang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo You Se Jin Shu Jian She Gu Fen You Xian Gong Si 2101 Beneficial owner

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