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South China Financial Holdings (HKSE:00619) Total Current Liabilities : HK$609.15 Mil (As of Jun. 2024)


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What is South China Financial Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. South China Financial Holdings's total current liabilities for the quarter that ended in Jun. 2024 was HK$609.15

South China Financial Holdings Total Current Liabilities Historical Data

The historical data trend for South China Financial Holdings's Total Current Liabilities 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.

South China Financial Holdings Total Current Liabilities Chart

South China Financial Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,263.90 945.44 777.29 607.51 584.70

South China Financial Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Liabilities 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 777.29 645.06 607.51 609.15 584.70

South China Financial Holdings Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

South China Financial Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=91.074+204.108
+Other Current Liabilities+Current Deferred Liabilities
=312.329+0
=607.51

South China Financial Holdings's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=87.511+210.274
+Other Current Liabilities+Current Deferred Liabilities
=311.364+0
=609.15

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

South China Financial Holdings Total Current Liabilities Related Terms

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South China Financial Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » South China Financial Holdings Ltd (HKSE:00619) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:08439 HKSE:08226 HKSE:00372 HKSE:08221 HKSE:02324 HKSE:03938 HKSE:08072 HKSE:08210 HKSE:00821 HKSE:08168 MS GS SCHW SHSE:600030 ASX:MQG HOOD SHSE:601211 BSP:BPAC3 TW LPLA
Traded in Other Exchanges
N/A
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
Website
https://www.sctrade.com
South China Financial Holdings Ltd is an investment holding company. Its business activities are segmented as Broking segment; Trading and investment segment; Margin financing and money lending segment; Corporate advisory and underwriting segment; Asset and wealth management segment; Property investment segment; Media publications and financial public relation services segment; Jewellery business segment; and other business segments that engage in the provision of clearing and custodian services. It generates key revenue from the Media publications and financial public relations services segment. The group generates prime revenue from Hong Kong.
Executives
Ng Yuk Yeung Paul 2101 Beneficial owner
Thousand China Investments Limited 2101 Beneficial owner
Ng Hung Sang 2201 Interest of corporation controlled by you
Ng Lai King Pamela 2202 Interest of your spouse
Total Grace Investments Limited 2101 Beneficial owner
Parkfield Holdings Limited 2101 Beneficial owner
Fung Shing Group Limited 2101 Beneficial owner

South China Financial Holdings Headlines

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