Sunfonda Group Holdings (HKSE:01771) Total Current Assets : HK$4,020 Mil (As of Dec. 2023)

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What is Sunfonda Group Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sunfonda Group Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$4,020 Mil.

Sunfonda Group Holdings Total Current Assets Historical Data

The historical data trend for Sunfonda Group Holdings'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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Sunfonda Group Holdings Total Current Assets Chart

Sunfonda Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,692.86

3,557.51

4,418.16

3,769.43

4,019.64

Sunfonda Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															4,418.16	4,455.26	3,769.43	3,831.12	4,019.64

Sunfonda Group Holdings 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.

Sunfonda Group Holdings'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
	=	836.516	+	410.858	+	1397.293	+	1374.971
	=	4,020

Sunfonda Group Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	836.516	+	410.858	+	1397.293	+	1374.971
	=	4,020

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.

Sunfonda Group Holdings (HKSE:01771) 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.

Sunfonda Group Holdings's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	836.516	-	4222.337	+	0.75 * 40.806	+	0.5 * 1397.293
=	-2,657

Sunfonda Group Holdings Total Current Assets Related Terms

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Sunfonda Group Holdings (HKSE:01771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sunfonda Group Holdings Ltd (HKSE:01771) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1555 Ouya 1st Road, Sunfonda Automobile Center, Beichen Avenue, Shaanxi Province, Chanba Ecological District, Xi’an, CHN, 710021

Website

https://www.sunfonda.com.cn

Sunfonda Group Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the sale and service of luxury and ultra-luxury car brands in Mainland China. The Group operates in one business unit based on its products, and has one reportable segment, which is the sale of motor vehicles and the provision of related services. In 2021, the Linxia GAC Toyota store in Gansu, the Wuhan BMW store, the Wuxi GAC Toyota store, were successively put into operation, of which the Wuhan BMW Store has the first 4S store of the Group in Central China. In addition, the Group has been authorized to set up new stores including Xi'an Porsche, Yinchuan BMW and Xining BMW and pending commencement of business.

Executives

Golden Speed Enterprises Limited
Top Wheel Limited
Win Force Enterprises Limited
Chiu Man
Wu Tak Lam
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner

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