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China New Consumption Group (HKSE:08275) Total Current Liabilities : HK$45.1 Mil (As of Sep. 2023)


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What is China New Consumption Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China New Consumption Group's total current liabilities for the quarter that ended in Sep. 2023 was HK$45.1

China New Consumption Group Total Current Liabilities Historical Data

The historical data trend for China New Consumption Group's Total Current Liabilities 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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China New Consumption Group Total Current Liabilities Chart

China New Consumption Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial 62.94 69.56 65.80 56.43 52.98

China New Consumption Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.26 - 52.98 - 45.05

China New Consumption Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

China New Consumption Group's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=34.488+4.273
+Other Current Liabilities+Current Deferred Liabilities
=14.217+0
=53.0

China New Consumption Group's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=26.494+3.677
+Other Current Liabilities+Current Deferred Liabilities
=14.88+0
=45.1

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

China New Consumption Group Total Current Liabilities Related Terms

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China New Consumption Group (HKSE:08275) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China New Consumption Group Ltd (HKSE:08275) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:02110 HKSE:08431 HKSE:03878 HKSE:02448 HKSE:08305 HKSE:01647 HKSE:01630 HKSE:01742 HKSE:08619 HKSE:08616 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
16-26 Kwai Tak Street, Room 1204, 12th Floor, Block 2, Golden Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Website
http://www.tfcel.com.hk
China New Consumption Group Ltd is a subcontractor primarily engaged in the foundation business in Hong Kong. It offers specialized foundation works, mainly the removal of pre-existing foundations or obstructing piles for urban renewal or railway projects. Geographically, it has a business presence in Hong Kong and Macau, of which key revenue is generated in Hong Kong. The group derives revenue from the construction contract, ancillary services, and machinery rental income.
Executives
Wong Fei Heung Terbe 2201 Interest of corporation controlled by you
Goldstone Wealth Management Limited 2101 Beneficial owner
Goldstone 1 Lpf 2101 Beneficial owner
Lam Yu Chor Paul 2201 Interest of corporation controlled by you
Success Run International Limited 2101 Beneficial owner
Tai Pik Yeung Tyler 2101 Beneficial owner
China New Economy Fund Limited 2101 Beneficial owner

China New Consumption Group (HKSE:08275) Headlines

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