Sunkwan Properties Group (HKSE:06900) Cash And Cash Equivalents : HK$198 Mil (As of Jun. 2023)

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What is Sunkwan Properties Group Cash And Cash Equivalents?

Sunkwan Properties Group's quarterly cash and cash equivalents declined from Jun. 2022 (HK$1,401.65 Mil) to Dec. 2022 (HK$246.94 Mil) but then stayed the same from Dec. 2022 (HK$246.94 Mil) to Jun. 2023 (HK$197.72 Mil).

Sunkwan Properties Group's annual cash and cash equivalents declined from Dec. 2020 (HK$3,989.21 Mil) to Dec. 2021 (HK$3,608.24 Mil) and declined from Dec. 2021 (HK$3,608.24 Mil) to Dec. 2022 (HK$246.94 Mil).

Sunkwan Properties Group Cash And Cash Equivalents Historical Data

The historical data trend for Sunkwan Properties 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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Sunkwan Properties Group Cash And Cash Equivalents Chart

Sunkwan Properties Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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516.47

1,194.54

3,989.21

3,608.24

246.94

Sunkwan Properties Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial					5,147.89	3,608.24	1,401.65	246.94	197.72

Sunkwan Properties 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.

Sunkwan Properties Group (HKSE:06900) 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.

Sunkwan Properties Group Cash And Cash Equivalents Related Terms

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Sunkwan Properties Group (HKSE:06900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunkwan Properties Group Ltd (HKSE:06900) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN

Website

http://www.sunkwan.com.cn

Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.

Executives

Chen Peng	2202 Interest of your spouse
Fulva Holding Limited	2201 Interest of corporation controlled by you
Northern American Trust Company, Llc	2301 Trustee
Yongheng Holdings Limited	2101 Beneficial owner
Zhu Jing	2307 Founder of a discretionary trust who can infl
Ginkgo Gofar Holdings Limited	2101 Beneficial owner
Lin Jinfeng	2201 Interest of corporation controlled by you

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