Shin Hwa World (HKSE:00582) Cash And Cash Equivalents : HK$266 Mil (As of Dec. 2023)

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What is Shin Hwa World Cash And Cash Equivalents?

Shin Hwa World's quarterly cash and cash equivalents declined from Dec. 2022 (HK$503.42 Mil) to Jun. 2023 (HK$313.89 Mil) but then stayed the same from Jun. 2023 (HK$313.89 Mil) to Dec. 2023 (HK$266.04 Mil).

Shin Hwa World's annual cash and cash equivalents declined from Dec. 2021 (HK$820.92 Mil) to Dec. 2022 (HK$503.42 Mil) and declined from Dec. 2022 (HK$503.42 Mil) to Dec. 2023 (HK$266.04 Mil).

Shin Hwa World Cash And Cash Equivalents Historical Data

The historical data trend for Shin Hwa World'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.

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Shin Hwa World Cash And Cash Equivalents Chart

Shin Hwa World Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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398.03

647.42

820.92

503.42

266.04

Shin Hwa World Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															820.92	513.98	503.42	313.89	266.04

Shin Hwa World 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.

Shin Hwa World (HKSE:00582) 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.

Shin Hwa World Cash And Cash Equivalents Related Terms

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Shin Hwa World (HKSE:00582) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shin Hwa World Ltd (HKSE:00582) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 168-200 Connaught Road Central, Units 1412-1413, 14th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.shw.com.hk

Shin Hwa World Ltd is an investment holding company. The company's operating segment includes Integrated Resort Development, Gaming Business, and Property Development. It generates maximum revenue from the Integrated Resort Development segment, which develops and operates integrated leisure and entertainment resorts. Geographically, it derives revenue from South Korea.

Executives

Resplendence Investment Development Limited	2101 Beneficial owner
Zhang Tingting	2201 Interest of corporation controlled by you
Lam Pauline	2101 Beneficial owner
Wealth Millennium Limited	2101 Beneficial owner
Xu Ning	2202 Interest of your spouse
Yang Zhihui	2201 Interest of corporation controlled by you
Lan Ding Guo Ji You Xian Gong Si	2101 Beneficial owner
Tinmark Development Limited
Yao Jianhui

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