Scholar Education Group (HKSE:01769) Cash And Cash Equivalents : HK$417.1 Mil (As of Dec. 2024)

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What is Scholar Education Group Cash And Cash Equivalents?

Scholar Education Group's quarterly cash and cash equivalents increased from Dec. 2023 (HK$280.53 Mil) to Jun. 2024 (HK$297.30 Mil) and increased from Jun. 2024 (HK$297.30 Mil) to Dec. 2024 (HK$417.12 Mil).

Scholar Education Group's annual cash and cash equivalents declined from Dec. 2022 (HK$333.60 Mil) to Dec. 2023 (HK$280.53 Mil) but then increased from Dec. 2023 (HK$280.53 Mil) to Dec. 2024 (HK$417.12 Mil).

Scholar Education Group Cash And Cash Equivalents Historical Data

The historical data trend for Scholar Education Group'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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Scholar Education Group Cash And Cash Equivalents Chart

Scholar Education Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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524.66

289.03

333.60

280.53

417.12

Scholar Education Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial											333.60	190.87	280.53	297.30	417.12

Scholar Education Group 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.

Scholar Education Group (HKSE:01769) 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.

Scholar Education Group Cash And Cash Equivalents Related Terms

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Scholar Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Scholar Education Group (HKSE:01769) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Youyi Road, Nanhu Street, Rooms 401-410, 4th Floor, Yunfeng Garden, Jianan Community, Luohu District, Shenzhen, CHN, 518049

Website

https://www.skledu.com

Scholar Education Group provides private education services, educational tour business, and international courses. Its programme is comprised of liberal education courses in respect of art, sports, painting, performance art, calligraphy, scientific literacy, Le Xue and Guo Xue, logic training and Miaowei international literacy. In addition, the group provides after-school care services, by which students can receive its quality after-school care services from professional teachers. Its segments include Non-academic literary programme and others; and Tutoring programme. The group's principal market is in Guangdong Province of the PRC from where majority of the revenue is derived.

Executives

Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Yu Xi International Company Limited	2201 Interest of corporation controlled by you
Chen Qiyuan	2201 Interest of corporation controlled by you
Sky Noon International Company Limited	2101 Beneficial owner
China Great Wall Amc (international) Holdings Company Limited	2201 Interest of corporation controlled by you
China Resources Company Limited	2201 Interest of corporation controlled by you
Cre Alliance Fund I L.p.	2201 Interest of corporation controlled by you
Chen Hongyu	2101 Beneficial owner
Cre Alliance Fund I Lp Limited	2201 Interest of corporation controlled by you
Cre Glory Company Limited	2101 Beneficial owner

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