Pioneer Global Group (HKSE:00224) Total Current Assets : HK$242.2 Mil (As of Sep. 2023)

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What is Pioneer Global Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pioneer Global Group's total current assets for the quarter that ended in Sep. 2023 was HK$242.2 Mil.

Pioneer Global Group Total Current Assets Historical Data

The historical data trend for Pioneer Global Group'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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Pioneer Global Group Total Current Assets Chart

Pioneer Global Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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380.99

414.99

211.12

250.31

290.68

Pioneer Global Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															252.29	250.31	316.35	290.68	242.19

Pioneer Global Group 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.

Pioneer Global Group's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	262.773	+	16.236	+	0	+	11.666
	=	290.7

Pioneer Global Group's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	214.873	+	16.437	+	0	+	10.881
	=	242.2

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.

Pioneer Global Group (HKSE:00224) 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.

Pioneer Global Group's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	214.873	-	2441.898	+	0.75 * 3.466	+	0.5 * 0
=	-2,224.4

Pioneer Global Group Total Current Assets Related Terms

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Pioneer Global Group (HKSE:00224) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pioneer Global Group Ltd (HKSE:00224) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Yee Wo Street, 18th Floor, Causeway Bay, Hong Kong, HKG

Website

http://www.pioneerglobalgroup.com

Pioneer Global Group Ltd is an investment holding company. The company's operating segment includes Properties and hotels, and Investments and others. The company generates maximum revenue from the Properties and hotels segment which involves investment in properties and hotels that earn rental and returns in hotel operation. The company earns revenue from the rental, dividend, and interest income. Geographically, the company derives a majority of its revenue from Hong Kong and also has an international presence.

Executives

Gaw Kenneth	2305 Beneficiary of a trust
Gaw Wang Rossana	2201 Interest of corporation controlled by you
Forward Investments Inc.	2101 Beneficial owner
Asset-plus Investments Ltd.	2101 Beneficial owner
Intercontinental Enterprises Corp.	2101 Beneficial owner

Pioneer Global Group (HKSE:00224) Headlines

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