Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) Total Current Assets : ¥37,449 Mil (As of Mar. 2024)

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What is Zhengzhou Coal Mining Machinery Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zhengzhou Coal Mining Machinery Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥37,449 Mil.

Zhengzhou Coal Mining Machinery Group Co Total Current Assets Historical Data

The historical data trend for Zhengzhou Coal Mining Machinery Group 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.

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Zhengzhou Coal Mining Machinery Group Co Total Current Assets Chart

Zhengzhou Coal Mining Machinery Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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20,221.69

22,502.23

25,301.03

33,401.11

36,522.49

Zhengzhou Coal Mining Machinery Group 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															34,389.18	35,711.26	36,479.66	36,522.49	37,448.64

Zhengzhou Coal Mining Machinery Group 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.

Zhengzhou Coal Mining Machinery Group 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
	=	12193.373	+	11939.689	+	9299.293	+	3090.13
	=	36,522

Zhengzhou Coal Mining Machinery Group 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
	=	12828.329	+	12875.042	+	8891.924	+	2853.349
	=	37,449

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.

Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) 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.

Zhengzhou Coal Mining Machinery Group 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)
=	12828.329	-	26319.714	+	0.75 * 8973.292	+	0.5 * 8891.924
=	-2,315

Zhengzhou Coal Mining Machinery Group Co Total Current Assets Related Terms

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Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zhengzhou Coal Mining Machinery Group Co Ltd (SHSE:601717) » Definitions » Total Current Assets

Traded in Other Exchanges

00564:Hong Kong ZGC:Germany

Address

No. 167, 9th Street, Econ-Tech Development Zone, Henan Province, Zhengzhou, CHN, 450016

Website

https://www.zmj.com

Zhengzhou Coal Mining Machinery Group Co Ltd is an investment holding company. The company's operating segment includes the Manufacture of coal mining machinery and the Manufacture of auto parts. Geographically, the company operates in The PRC, Germany and other countries.

Executives

Fu Qi	senior management
Jia Hao	Directors, senior managers
Fu Zu Gang	Director
Huang Hua	senior management
Zhang Hai Bin	senior management
Wang Xin Ying	Director
Li Wei Ping	senior management
Zhang Ming Lin	Supervisors
Xiang Jia Yu	Director
Jiao Cheng Yao	Director
Liu Qiang	Director
Xu Ming Kai	Supervisors
Zhou Rong	Supervisors
Wang Yong Qiang	senior management
Guo De Sheng	senior management

Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) Headlines

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