What Is an Asset Class?

Asset classification refers to assets according to their current nature, which are generally divided into current assets, long-term investments, fixed assets, intangible assets, deferred assets and other assets. Current assets refer to assets that can be realized or consumed within one year or an operating cycle that exceeds one year, including cash and various deposits, short-term investments, receivables and prepayments, inventory, etc. Long-term investments refer to investments that are impossible or unprepared to be realized within one year, including stock investments, bond investments, and other investments. ^[1]