Freetech Road Recycling Technology (Holdings) (HKSE:06888) Total Current Assets : HK$940.6 Mil (As of Dec. 2023)

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What is Freetech Road Recycling Technology (Holdings) Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Freetech Road Recycling Technology (Holdings)'s total current assets for the quarter that ended in Dec. 2023 was HK$940.6 Mil.

Freetech Road Recycling Technology (Holdings) Total Current Assets Historical Data

The historical data trend for Freetech Road Recycling Technology (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.

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Freetech Road Recycling Technology (Holdings) Total Current Assets Chart

Freetech Road Recycling Technology (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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726.50

836.20

981.92

956.09

940.61

Freetech Road Recycling Technology (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															981.92	971.83	956.09	806.52	940.61

Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (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
	=	246.688	+	485.926	+	177.335	+	30.665
	=	940.6

Freetech Road Recycling Technology (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
	=	246.688	+	485.926	+	177.335	+	30.665
	=	940.6

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.

Freetech Road Recycling Technology (Holdings) (HKSE:06888) 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.

Freetech Road Recycling Technology (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)
=	246.688	-	472.93	+	0.75 * 103.505	+	0.5 * 177.335
=	-59.9

Freetech Road Recycling Technology (Holdings) Total Current Assets Related Terms

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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Freetech Road Recycling Technology (Holdings) Ltd (HKSE:06888) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

178 Gloucester Road, 29th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG

Website

https://www.freetech-holdings.hk

Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. It has a business presence in Mainland China and other overseas markets.

Executives

Bank Of Communications Trustee Limited	2301 Trustee
Sze Wai Pan	2101 Beneficial owner
Freetech Technology Limited	2201 Interest of corporation controlled by you

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