Gain Plus Holdings (HKSE:09900) Total Current Assets : HK$392 Mil (As of Sep. 2023)

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What is Gain Plus Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gain Plus Holdings's total current assets for the quarter that ended in Sep. 2023 was HK$392 Mil.

Gain Plus Holdings Total Current Assets Historical Data

The historical data trend for Gain Plus Holdings'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.

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Gain Plus Holdings Total Current Assets Chart

Gain Plus Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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278.83

283.93

291.20

319.68

361.88

Gain Plus Holdings Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial										417.33	319.68	334.37	361.88	392.33

Gain Plus Holdings 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.

Gain Plus Holdings's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	202.577	+	140.913	+	0	+	18.392
	=	362

Gain Plus Holdings's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	197.782	+	181.873	+	0	+	12.671
	=	392

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.

Gain Plus Holdings (HKSE:09900) 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.

Gain Plus Holdings's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	197.782	-	97.297	+	0.75 * 80.056	+	0.5 * 0
=	161

Gain Plus Holdings Total Current Assets Related Terms

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Gain Plus Holdings (HKSE:09900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gain Plus Holdings Ltd (HKSE:09900) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Lung Sum Avenue, Unit 1323A, Level 13, Landmark North, Sheung Shui, The New Territories, Hong Kong, HKG

Website

https://www.doublegain.hk

Gain Plus Holdings Ltd is a construction contractor company. The company is engaged in the provision of building construction services and repair, maintenance, addition, and alteration services (RMAA). The services undertaken by main contractors and subcontractors include site investigation, demolition, structural alternation, and additional work. In addition, its RMAA services of the company comprise general upkeep, restoration, and renovation of existing facilities and components of buildings and surroundings, and services consisting of civil works for new buildings such as lift towers, soccer fields, and walkways. The company earns the majority of its revenue from the provision of RMAA Services.

Executives

Universe King International Investment Limited	2101 Beneficial owner
Leung Wai Ling	2202 Interest of your spouse
Tsang Chiu Kwan	2201 Interest of corporation controlled by you
Giant Winchain Limited
Lai Wai Lam Ricky
Chu Siu Ping

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