Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Total Current Assets : ¥912 Mil (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Tongyi Carbon Neutral Energy (Xinjiang) Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tongyi Carbon Neutral Energy (Xinjiang) Co's total current assets for the quarter that ended in Mar. 2024 was ¥912 Mil.

Tongyi Carbon Neutral Energy (Xinjiang) Co Total Current Assets Historical Data

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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.

* Premium members only.

Tongyi Carbon Neutral Energy (Xinjiang) Co Total Current Assets Chart

Tongyi Carbon Neutral Energy (Xinjiang) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

146.55

141.98

2,093.09

1,065.68

752.49

Tongyi Carbon Neutral Energy (Xinjiang) 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															941.11	754.29	800.77	752.49	912.34

Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) 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
	=	290.557	+	274.062	+	154.481	+	33.386
	=	752

Tongyi Carbon Neutral Energy (Xinjiang) 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
	=	301.567	+	422.975	+	166.069	+	21.73
	=	912

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.

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) 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.

Tongyi Carbon Neutral Energy (Xinjiang) 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)
=	301.567	-	1826.928	+	0.75 * 299.615	+	0.5 * 166.069
=	-1,218

Tongyi Carbon Neutral Energy (Xinjiang) Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Tongyi Carbon Neutral Energy (Xinjiang) Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd (SHSE:600506) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Shengguo Mingyuan, Shengguo Road, Xinjiang, Ku'erle, CHN, 841000

Website

http://www.xjxlgf.com.cn

Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd formerly Xinjiang Koerle Pear Co Ltd is an orchard planting company. It produces korla pear and ratafee.

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Headlines

No Headlines