Sino-Ocean Group Holding (HKSE:03377) Cash And Cash Equivalents : HK$2,175 Mil (As of Dec. 2023)

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What is Sino-Ocean Group Holding Cash And Cash Equivalents?

Sino-Ocean Group Holding's quarterly cash and cash equivalents declined from Dec. 2022 (HK$5,162.71 Mil) to Jun. 2023 (HK$3,440.63 Mil) but then stayed the same from Jun. 2023 (HK$3,440.63 Mil) to Dec. 2023 (HK$2,175.24 Mil).

Sino-Ocean Group Holding's annual cash and cash equivalents declined from Dec. 2021 (HK$26,516.42 Mil) to Dec. 2022 (HK$5,162.71 Mil) and declined from Dec. 2022 (HK$5,162.71 Mil) to Dec. 2023 (HK$2,175.24 Mil).

Sino-Ocean Group Holding Cash And Cash Equivalents Historical Data

The historical data trend for Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding Cash And Cash Equivalents Chart

Sino-Ocean Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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34,555.59

46,385.32

26,516.42

5,162.71

2,175.24

Sino-Ocean Group Holding 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															26,516.42	17,132.05	5,162.71	3,440.63	2,175.24

Sino-Ocean Group Holding 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.

Sino-Ocean Group Holding (HKSE:03377) 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.

Sino-Ocean Group Holding Cash And Cash Equivalents Related Terms

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Sino-Ocean Group Holding (HKSE:03377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino-Ocean Group Holding Ltd (HKSE:03377) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

SIOLY:USA SIOLF:USA 3SD:Germany

Address

56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025

Website

https://www.sinooceangroup.com

Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.

Executives

Da Jia Bao Xian Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
An Bang Ren Shou Bao Xian Gu Fen You Xian Gong Si	2101 Beneficial owner

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