Xinhuanet Co (SHSE:603888) Total Current Assets : ¥3,815 Mil (As of Mar. 2024)

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What is Xinhuanet Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xinhuanet Co's total current assets for the quarter that ended in Mar. 2024 was ¥3,815 Mil.

Xinhuanet Co Total Current Assets Historical Data

The historical data trend for Xinhuanet 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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Xinhuanet Co Total Current Assets Chart

Xinhuanet Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,134.56

3,020.80

3,363.20

3,833.90

4,033.20

Xinhuanet 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															3,689.40	3,798.89	3,611.04	4,033.20	3,815.27

Xinhuanet 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.

Xinhuanet 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
	=	3387.79	+	418.343	+	9.328	+	217.741
	=	4,033

Xinhuanet 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
	=	3179.594	+	393.705	+	3.434	+	238.533
	=	3,815

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.

Xinhuanet Co (SHSE:603888) 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.

Xinhuanet 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)
=	3179.594	-	1459.595	+	0.75 * 367.598	+	0.5 * 3.434
=	1,997

Xinhuanet Co Total Current Assets Related Terms

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Xinhuanet Co (SHSE:603888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Xinhuanet Co Ltd (SHSE:603888) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

No. 2, Beixing Road (East Section), 101, 1-5, Building 12, Daxing District, Beijing, CHN, 100162

Website

http://www.xinhuanet.com

Xinhuanet Co Ltd operates in the internet content and information industry. It owns and manages a news information service portals in China. Its business activities are divided into the following: online advertising, information services, website construction, technical services and mobile internet. Its online advertising business provides full-screen shrink, rear projection, streaming media and other forms of advertising. Its information services include multimedia information services and big data intelligent analysis services. The website construction and technical service business engage in website construction, content management and operation. The mobile internet business provides mobile internet content information services through text, images, voice, video and other forms.

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