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Sincere Co (HKSE:00244) Total Current Assets : HK$173.4 Mil (As of Dec. 2023)


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What is Sincere Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sincere Co's total current assets for the quarter that ended in Dec. 2023 was HK$173.4 Mil.

Sincere Co Total Current Assets Historical Data

The historical data trend for Sincere Co's Total Current Assets 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.

Sincere Co Total Current Assets Chart

Sincere Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 308.73 225.33 274.33 249.17 173.40

Sincere Co Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Jun22 Dec22 Jun23 Dec23
Total Current Assets 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 301.80 296.64 249.17 115.72 173.40

Sincere Co Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Sincere Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=96.383+35.899+29.844+11.277
=173.4

Sincere Co's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=96.383+35.899+29.844+11.277
=173.4

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of 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.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Sincere Co  (HKSE:00244) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Sincere Co's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=96.383-467.072+0.75 * 0+0.5 * 29.844
=-355.8

* 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.

Sincere Co Total Current Assets Related Terms

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Sincere Co (HKSE:00244) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sincere Co Ltd (HKSE:00244) » Definitions » Total Current Assets
Comparable Companies
HKSE:03368 HKSE:00984 HKSE:00312 HKSE:00162 HKSE:01049 HKSE:00825 HKSE:00602 HKSE:00980 HKSE:00097 HKSE:00848 PHS:SM TSE:8267 LIVEPOL1 JSE:SHP LSE:MKS XSGO:FALABELLA DDS TSE:3099 TSE:9005 XSGO:CENCOSUD
Traded in Other Exchanges
N/A
Address
1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG
Website
https://www.sincere.com.hk
Sincere Co Ltd is mainly engaged in the retailing business. The company has aggregated its operations into three reportable segments, Department Store Operations; Securities Trading and Others. The Department Store Operations segment consists of the operations of department stores offering a wide range of consumer products; the Securities Trading segment consists of the trading of Hong Kong and overseas securities; and the Others segment consists of the sublease of properties and the provision of general and life insurances. Its primary geographic markets are Hong Kong, Mainland China, the United Kingdom and others. Geographically the company receives maximum revenue from Hong Kong.
Executives
Manureen Holdings Limited 2201 Interest of corporation controlled by you
Realord Group Holdings Limited 2101 Beneficial owner
Lin Xiaohui 2201 Interest of corporation controlled by you
Su Jiaohua 2202 Interest of your spouse
Yuan Lie Ming Peter 2101 Beneficial owner

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