Jiamei Food Packaging (Chuzhou) Co (SZSE:002969) Total Current Assets : ¥1,273 Mil (As of Mar. 2024)

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What is Jiamei Food Packaging (Chuzhou) Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jiamei Food Packaging (Chuzhou) Co's total current assets for the quarter that ended in Mar. 2024 was ¥1,273 Mil.

Jiamei Food Packaging (Chuzhou) Co Total Current Assets Historical Data

The historical data trend for Jiamei Food Packaging (Chuzhou) 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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Jiamei Food Packaging (Chuzhou) Co Total Current Assets Chart

Jiamei Food Packaging (Chuzhou) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,549.16

1,393.00

2,313.99

1,751.30

1,542.87

Jiamei Food Packaging (Chuzhou) 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															1,360.91	1,166.68	1,414.57	1,542.87	1,272.70

Jiamei Food Packaging (Chuzhou) 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.

Jiamei Food Packaging (Chuzhou) 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
	=	417.62	+	615.574	+	466.431	+	43.244
	=	1,543

Jiamei Food Packaging (Chuzhou) 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
	=	370.15	+	451.049	+	400.394	+	51.109
	=	1,273

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.

Jiamei Food Packaging (Chuzhou) Co (SZSE:002969) 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.

Jiamei Food Packaging (Chuzhou) 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)
=	370.15	-	1728.237	+	0.75 * 364.16	+	0.5 * 400.394
=	-885

Jiamei Food Packaging (Chuzhou) Co Total Current Assets Related Terms

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Jiamei Food Packaging (Chuzhou) Co (SZSE:002969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jiamei Food Packaging (Chuzhou) Co Ltd (SZSE:002969) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258 Suzhou North Road, Anhui Province, Cangzhou, CHN, 239000

Website

http://www.chinafoodpack.com

Jiamei Food Packaging (Chuzhou) Co Ltd is engaged in production of metal containers, cans, packaging and printing of printed matter. Its products portfolio includes Three-piece cans, Two-piece cans, Aseptic paper packaging, PET bottles, and filling services.

Executives

Chen Qiang	Directors, Directors, and Executives
Zhang Wu Kai	Directors, executives
Wang Jian Long	Director
Sha Rong	Supervisors
Guan Yi Xiong	Supervisors
Zhang Xiang Hua	Supervisors

Jiamei Food Packaging (Chuzhou) Co (SZSE:002969) Headlines

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