Asian Star Anchor Chain Co (SHSE:601890) Total Current Assets : ¥3,995 Mil (As of Mar. 2024)

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What is Asian Star Anchor Chain Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Asian Star Anchor Chain Co's total current assets for the quarter that ended in Mar. 2024 was ¥3,995 Mil.

Asian Star Anchor Chain Co Total Current Assets Historical Data

The historical data trend for Asian Star Anchor Chain 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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Asian Star Anchor Chain Co Total Current Assets Chart

Asian Star Anchor Chain Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,889.17

3,052.06

3,212.12

3,776.52

4,042.91

Asian Star Anchor Chain 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															3,860.27	3,810.84	4,137.01	4,042.91	3,995.44

Asian Star Anchor Chain 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.

Asian Star Anchor Chain 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
	=	2428.632	+	536.959	+	976.867	+	100.451
	=	4,043

Asian Star Anchor Chain 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
	=	2364.249	+	539.349	+	927.203	+	164.638
	=	3,995

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.

Asian Star Anchor Chain Co (SHSE:601890) 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.

Asian Star Anchor Chain 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)
=	2364.249	-	1168.587	+	0.75 * 438.631	+	0.5 * 927.203
=	1,988

Asian Star Anchor Chain Co Total Current Assets Related Terms

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Asian Star Anchor Chain Co (SHSE:601890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Asian Star Anchor Chain Co Ltd (SHSE:601890) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 88, Meirengang Road, Dongxing, Jiangsu, Jingjiang, CHN, 214533

Website

http://www.anchor-chain.com

Asian Star Anchor Chain Co Ltd is engaged in the production and distribution of marine anchor chains and marine mooring chains. It mainly provides marine anchor chains and ocean platform mooring chains, as well as related parts and components. The company also offers accessories comprising Kenter Shackle, Joining Shackle, Swivel, End Shackle and Other fittings.

Executives

Tao Liang Feng	Director
Wang Gui Qin	Director
Zhang Wei Xin	Director
Shen Yi Cheng	Director
Wang Ji Ping	Supervisors
Guo Lian Chun	Supervisors
Wu Han Qi	senior management
Tao Xing	Director
Tao An Xiang	Director
Lu Wei Lai	senior management
Zhu Le Qing	Director
Qian Xiu Hua	Supervisors
Xu Jian Zhang	Supervisors
Li Han Ming	Director
Chang Jia Hong	Supervisors

Asian Star Anchor Chain Co (SHSE:601890) Headlines

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