SHKLY (Sinotruk (Hong Kong)) Cash And Cash Equivalents : $2,167 Mil (As of Jun. 2024)

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What is Sinotruk (Hong Kong) Cash And Cash Equivalents?

Sinotruk (Hong Kong)'s quarterly cash and cash equivalents increased from Jun. 2023 ($1,580.37 Mil) to Dec. 2023 ($2,136.01 Mil) and increased from Dec. 2023 ($2,136.01 Mil) to Jun. 2024 ($2,167.38 Mil).

Sinotruk (Hong Kong)'s annual cash and cash equivalents declined from Dec. 2021 ($3,876.79 Mil) to Dec. 2022 ($2,196.97 Mil) and declined from Dec. 2022 ($2,196.97 Mil) to Dec. 2023 ($2,136.01 Mil).

Sinotruk (Hong Kong) Cash And Cash Equivalents Historical Data

The historical data trend for Sinotruk (Hong Kong)'s Cash And Cash Equivalents 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.

Sinotruk (Hong Kong) Cash And Cash Equivalents Chart

Sinotruk (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,270.36

3,983.46

3,876.79

2,196.97

2,136.01

Sinotruk (Hong Kong) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,030.51	2,196.97	1,580.37	2,136.01	2,167.38

Sinotruk (Hong Kong) Cash And Cash Equivalents 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.

Sinotruk (Hong Kong) (OTCPK:SHKLY) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Sinotruk (Hong Kong) Cash And Cash Equivalents Related Terms

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Sinotruk (Hong Kong) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sinotruk (Hong Kong) Ltd (OTCPK:SHKLY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

03808:Hong Kong 4SK:Germany

Address

No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101

Website

https://www.sinotruk.com

Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.

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