SG Group Holdings (HKSE:01657) Cash And Cash Equivalents : HK$5.1 Mil (As of Oct. 2023)

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What is SG Group Holdings Cash And Cash Equivalents?

SG Group Holdings's quarterly cash and cash equivalents declined from Oct. 2022 (HK$45.78 Mil) to Apr. 2023 (HK$34.17 Mil) but then stayed the same from Apr. 2023 (HK$34.17 Mil) to Oct. 2023 (HK$5.12 Mil).

SG Group Holdings's annual cash and cash equivalents declined from Apr. 2021 (HK$49.42 Mil) to Apr. 2022 (HK$46.11 Mil) and declined from Apr. 2022 (HK$46.11 Mil) to Apr. 2023 (HK$34.17 Mil).

SG Group Holdings Cash And Cash Equivalents Historical Data

The historical data trend for SG Group Holdings's Cash And Cash Equivalents 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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SG Group Holdings Cash And Cash Equivalents Chart

SG Group Holdings Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

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44.16

35.10

49.42

46.11

34.17

SG Group Holdings Semi-Annual Data
	Apr15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial												44.49	46.11	45.78	34.17	5.12

SG Group Holdings Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

SG Group Holdings (HKSE:01657) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

SG Group Holdings Cash And Cash Equivalents Related Terms

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SG Group Holdings (HKSE:01657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SG Group Holdings Ltd (HKSE:01657) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.jcfash.com

SG Group Holdings Ltd is an investment holding company. The company's operating segment includes Supply of Apparel Products and Consultation Services. The company generates maximum revenue from the Supply of Apparel Products segment which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns revenue from Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, the Middle East, and Other Countries.

Executives

Choi King Ting Charles	2101 Beneficial owner
Jc Fashion International Group Limited	2101 Beneficial owner

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