Winto Group (Holdings) (HKSE:08238) Cash And Cash Equivalents : HK$3.55 Mil (As of Dec. 2023)

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What is Winto Group (Holdings) Cash And Cash Equivalents?

Winto Group (Holdings)'s quarterly cash and cash equivalents declined from Jun. 2023 (HK$3.53 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$3.55 Mil).

Winto Group (Holdings)'s annual cash and cash equivalents declined from Dec. 2021 (HK$10.95 Mil) to Dec. 2022 (HK$1.91 Mil) but then increased from Dec. 2022 (HK$1.91 Mil) to Dec. 2023 (HK$3.55 Mil).

Winto Group (Holdings) Cash And Cash Equivalents Historical Data

The historical data trend for Winto 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.

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Winto Group (Holdings) Cash And Cash Equivalents Chart

Winto Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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3.60

3.21

10.95

1.91

3.55

Winto Group (Holdings) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.91	-	3.53	-	3.55

Winto 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.

Winto Group (Holdings) (HKSE:08238) 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.

Winto Group (Holdings) Cash And Cash Equivalents Related Terms

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Winto Group (Holdings) (HKSE:08238) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Winto Group (Holdings) Ltd (HKSE:08238) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

532 Castle Peak Road, V Ga Building, Workshop A, 14th Floor, Kowloon, Hong Kong, HKG

Website

http://www.wintogroup.hk

Winto Group (Holdings) Ltd is a Hong Kong-based investment holding company engaged in sales and free distribution of Chinese language lifestyle magazines, the sales of advertising space in the magazines; provision of outdoor advertising services and mobile phone apps development, provision of apps solutions and provision of online marketing planning and production. The company's reportable segments are Exhibition and trade show business, Publication and Media advertising business. Most of the revenue generated from the Exhibition and trade show business segment. Geographically, it derives majority revenue from Hong Kong.

Executives

Source Creation International Limited	2101 Beneficial owner
Lui Man Wah	2201 Interest of corporation controlled by you
Ubs Group Ag	2201 Interest of corporation controlled by you
Muhammad Shaifadila Binti
Cm Asset Management (hongkong) Company Limited	2102 Investment manager
Shareholder Value Fund	2101 Beneficial owner

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