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China Success Finance Group Holdings (HKSE:03623) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)


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What is China Success Finance Group Holdings Change In Receivables?

China Success Finance Group Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means China Success Finance Group Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Success Finance Group Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$62.16 Mil. It means China Success Finance Group Holdings's Accounts Receivable declined by HK$62.16 Mil from Dec. 2022 to Dec. 2023 .

China Success Finance Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0.00 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. China Success Finance Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Success Finance Group Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-294.52 Mil.


China Success Finance Group Holdings Change In Receivables Historical Data

The historical data trend for China Success Finance Group Holdings's Change In Receivables 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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China Success Finance Group Holdings Change In Receivables Chart

China Success Finance Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -259.25 401.93 12.04 79.52 62.16

China Success Finance Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

China Success Finance Group Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

* 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.


China Success Finance Group Holdings  (HKSE:03623) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

China Success Finance Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/19.595*91
=0.00

2. In Ben Graham's calculation of liquidation value, China Success Finance Group Holdings's accounts receivable are only considered to be worth 75% of book value:

China Success Finance Group Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=91.396-385.917+0.75 * 0+0.5 * 0
=-294.52

* 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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China Success Finance Group Holdings (HKSE:03623) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road East, 604 6th Floor, Tesbury Centre, Wanchai, Hong Kong, HKG
China Success Finance Group Holdings Ltd is an investment holding company. It is a guaranteed service provider offering financial and non-financial guarantee services, financial leasing, and financial consultancy services in China. The company's diversified business lines include asset management, fund management, investment and mergers and acquisitions, financial leasing, financing guarantee, overseas investment Capital, real estate finance, and microfinance The group operates two business segments: Financial services and Yangmianshan. The main business of Yangmianshan is sales of market hogs in the PRC business. The business operations of the company are carried out principally in the PRC.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Pang Haoquan 2401 A concert party to an agreement to buy shares
Xu Kaiying 2401 A concert party to an agreement to buy shares
Zhang Tiewei 2201 Interest of corporation controlled by you
Expert Depot Limited 2101 Beneficial owner
Novel Heritage Limited 2101 Beneficial owner
Bliss Success Investments Limited 2101 Beneficial owner
Chen Guoxian 2401 A concert party to an agreement to buy shares
He Darong
Bliss Success Investments Limited 2101 Beneficial owner

China Success Finance Group Holdings (HKSE:03623) Headlines

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