Shang Gong Group Co (SHSE:900924) Cash And Cash Equivalents : $128.4 Mil (As of Mar. 2025)

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What is Shang Gong Group Co Cash And Cash Equivalents?

Shang Gong Group Co's quarterly cash and cash equivalents increased from Sep. 2024 ($139.63 Mil) to Dec. 2024 ($142.11 Mil) but then stayed the same from Dec. 2024 ($142.11 Mil) to Mar. 2025 ($128.42 Mil).

Shang Gong Group Co's annual cash and cash equivalents declined from Dec. 2022 ($158.22 Mil) to Dec. 2023 ($135.60 Mil) but then increased from Dec. 2023 ($135.60 Mil) to Dec. 2024 ($142.11 Mil).

Shang Gong Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Shang Gong Group Co'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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Shang Gong Group Co Cash And Cash Equivalents Chart

Shang Gong Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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161.43

161.53

158.22

135.60

142.11

Shang Gong Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															124.33	138.15	139.63	142.11	128.42

Shang Gong Group Co 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.

Shang Gong Group Co (SHSE:900924) 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.

Shang Gong Group Co Cash And Cash Equivalents Related Terms

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Shang Gong Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shang Gong Group Co Ltd (SHSE:900924) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

600843:China

Address

No. 1500 Century Avenue, Room A-D, 12th Floor, Orient Mansion, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200122

Website

https://www.sgsbgroup.com

Shang Gong Group Co Ltd is engaged in research & development, production, sale, and maintenance of sewing machines and spare parts in China. It is also engaged in the production of auto parts, office equipment, and related trading businesses. The company provides high-end sewing products for automakers like Mercedes-Benz, BMW, Audi, and General Motors; in aerospace and new material fields also have large customers including Boeing, Airbus, and COMAC. It owns manufacturing enterprises in China, Germany, the Czech Republic, and Romania, and its sales network has spread across the world. Its household sewing machine brands - Butterfly, Flyman, and Bee are widely known in China and sold to overseas markets.

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