State Energy Group International Assets Holdings (HKSE:00918) Cash, Cash Equivalents, Marketable Securities : HK$44.0 Mil (As of Sep. 2023)

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What is State Energy Group International Assets Holdings Cash, Cash Equivalents, Marketable Securities?

State Energy Group International Assets Holdings's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 (HK$45.54 Mil) to Mar. 2023 (HK$16.02 Mil) but then increased from Mar. 2023 (HK$16.02 Mil) to Sep. 2023 (HK$43.97 Mil).

State Energy Group International Assets Holdings's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (HK$7.61 Mil) to Mar. 2022 (HK$66.15 Mil) but then declined from Mar. 2022 (HK$66.15 Mil) to Mar. 2023 (HK$16.02 Mil).

State Energy Group International Assets Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for State Energy Group International Assets Holdings's Cash, Cash Equivalents, Marketable Securities 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.

* Premium members only.

State Energy Group International Assets Holdings Cash, Cash Equivalents, Marketable Securities Chart

State Energy Group International Assets Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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4.54

12.27

7.61

66.15

16.02

State Energy Group International Assets Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															24.87	66.15	45.54	16.02	43.97

State Energy Group International Assets Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

State Energy Group International Assets Holdings (HKSE:00918) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

State Energy Group International Assets Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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State Energy Group International Assets Holdings (HKSE:00918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » State Energy Group International Assets Holdings Ltd (HKSE:00918) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.seiah.com/en/companyInfo

State Energy Group International Assets Holdings Ltd is an investment holding company. It is principally engaged in the sourcing, subcontracting, marketing, and selling of outerwear garments and sportswear products, property investment, and provision of marketing services. The company's operating segment includes Garment business; Property investment and Marketing services. Revenue mainly represents the consideration of goods sold, rental income received and receivable and marketing services provided. It generates maximum revenue from the Garment business segment.

Executives

Zhang Jinbing	2101 Beneficial owner
Always Profit Development Limited	2101 Beneficial owner
Golden Bold Holdings Limited	2101 Beneficial owner
Wang Yuelai	2201 Interest of corporation controlled by you
Chong Kin Group Holdings Ltd.	2106 Person having a security interest in shares
State Energy Hk Limited	2101 Beneficial owner
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Quan Hui	2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Niu Fang	2201 Interest of corporation controlled by you
Hu Zhang Cui	2202 Interest of your spouse

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