Ocean Line Port Development (HKSE:08502) Total Current Assets : HK$348.8 Mil (As of Dec. 2023)

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What is Ocean Line Port Development Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ocean Line Port Development's total current assets for the quarter that ended in Dec. 2023 was HK$348.8 Mil.

Ocean Line Port Development Total Current Assets Historical Data

The historical data trend for Ocean Line Port Development'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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Ocean Line Port Development Total Current Assets Chart

Ocean Line Port Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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136.45

171.53

296.71

336.40

348.77

Ocean Line Port Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															336.40	-	323.98	-	348.77

Ocean Line Port Development 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.

Ocean Line Port Development'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
	=	334.898	+	8.863	+	2.885	+	2.125
	=	348.8

Ocean Line Port Development'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
	=	334.898	+	8.863	+	2.885	+	2.125
	=	348.8

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.

Ocean Line Port Development (HKSE:08502) 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.

Ocean Line Port Development'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)
=	334.898	-	203.516	+	0.75 * 4.992	+	0.5 * 2.885
=	136.6

Ocean Line Port Development Total Current Assets Related Terms

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Ocean Line Port Development (HKSE:08502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ocean Line Port Development Ltd (HKSE:08502) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN

Website

http://www.oceanlineport.com

Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.

Executives

Vital Force Developments Limited	2101 Beneficial owner
Cheung Wai Fung	2101 Beneficial owner
Kwai Sze Hoi	2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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