GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Samfine Creation Holdings Group Ltd (NAS:SFHG) » Definitions » Cash, Cash Equivalents, Marketable Securities

SFHG (Samfine Creation Holdings Group) Cash, Cash Equivalents, Marketable Securities : $5.94 Mil (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Samfine Creation Holdings Group Cash, Cash Equivalents, Marketable Securities?

Samfine Creation Holdings Group's quarterly cash, cash equivalents, marketable securities increased from Dec. 2023 ($2.42 Mil) to Jun. 2024 ($2.45 Mil) and increased from Jun. 2024 ($2.45 Mil) to Dec. 2024 ($5.94 Mil).

Samfine Creation Holdings Group's annual cash, cash equivalents, marketable securities declined from Dec. 2022 ($3.27 Mil) to Dec. 2023 ($2.42 Mil) but then increased from Dec. 2023 ($2.42 Mil) to Dec. 2024 ($5.94 Mil).

Samfine Creation Holdings Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Samfine Creation Holdings Group'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.

Samfine Creation Holdings Group Cash, Cash Equivalents, Marketable Securities Chart

Samfine Creation Holdings Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash, Cash Equivalents, Marketable Securities
1.49 3.27 2.42 5.94

Samfine Creation Holdings Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 3.27 2.37 2.42 2.45 5.94

Samfine Creation Holdings Group 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.

Samfine Creation Holdings Group  (NAS:SFHG) 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.

Samfine Creation Holdings Group Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Samfine Creation Holdings Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Samfine Creation Holdings Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Samfine Creation Holdings Group Ltd (NAS:SFHG) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
WHLM PC NISN PMAX SGRP SST ELVG NTIP GPOX SMX LSE:REL CTAS TSX:TRI CPRT XAMS:WKL TSX:RBA ASX:BXB GPN ULS LSE:RTO
Traded in Other Exchanges
N/A
Address
436-446 Kwun Tong Road, Flat B, 8/F, Block 4, Kwun Tong Industrial Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Website
Samfine Creation Holdings Group Ltd operates through its subsidiaries. It is an established one-stop printing service provider which principally provides printing services in Hong Kong and the PRC. It offers a wide range of printed products such as (i) book products, which mainly include children's books, educational books, art books, notebooks, diaries and journals; and (ii) novelty and packaging products, which mainly include handcraft products, book sets, pop-up books, stationery products, products with assembly parts and other specialized products, shopping bags and package boxes.