Q P Group Holdings (HKSE:01412) Cash And Cash Equivalents : HK$160 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Q P Group Holdings Cash And Cash Equivalents?

Q P Group Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (HK$294.72 Mil) to Jun. 2023 (HK$184.86 Mil) but then stayed the same from Jun. 2023 (HK$184.86 Mil) to Dec. 2023 (HK$160.37 Mil).

Q P Group Holdings's annual cash and cash equivalents increased from Dec. 2021 (HK$158.78 Mil) to Dec. 2022 (HK$294.72 Mil) but then declined from Dec. 2022 (HK$294.72 Mil) to Dec. 2023 (HK$160.37 Mil).

Q P Group Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Q P Group Holdings'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.

Q P Group Holdings Cash And Cash Equivalents Chart

Q P Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

104.78

236.67

158.78

294.72

160.37

Q P Group Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial									158.78	134.14	294.72	184.86	160.37

Q P Group Holdings 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.

Q P Group Holdings (HKSE:01412) 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.

Q P Group Holdings Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Q P Group Holdings's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Q P Group Holdings (HKSE:01412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Q P Group Holdings Ltd (HKSE:01412) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 1 On Kwan Street, 21st Floor, Kings Wing Plaza 2, Shek Mun, Shatin, New Territories, Hong Kong, HKG

Website

https://www.qpp.com

Q P Group Holdings Ltd is a paper product manufacturing and printing services provider. The company's products can be classified as Tabletop games, Greeting cards, Educational items, Premium packaging, and other products. The firm's revenue is generated through sales of greeting cards and paper products. The operating segments of the group are Web sales and Original equipment manufacturer (OEM) sales. It has a business presence in the United States, Europe, the PRC, and others, of which key revenue is derived from the United States.

Executives

Good Elite Holdings Limited	2101 Beneficial owner
Cypress Spurge Holdings Limited	2101 Beneficial owner
Cheng Wan Wai	2201 Interest of corporation controlled by you
Hui Li Kwan	2202 Interest of your spouse
Wong Lai Ying	2202 Interest of your spouse
Yeung Keng Wu Kenneth	2201 Interest of corporation controlled by you
Liu Shuk Yu Sanny	2201 Interest of corporation controlled by you

Q P Group Holdings (HKSE:01412) Headlines

No Headlines