Emperor Watch & Jewellery (HKSE:00887) Cash, Cash Equivalents, Marketable Securities : HK$620 Mil (As of Dec. 2023)

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What is Emperor Watch & Jewellery Cash, Cash Equivalents, Marketable Securities?

Emperor Watch & Jewellery's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$664.39 Mil) to Jun. 2023 (HK$842.86 Mil) but then stayed the same from Jun. 2023 (HK$842.86 Mil) to Dec. 2023 (HK$619.65 Mil).

Emperor Watch & Jewellery's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$556.34 Mil) to Dec. 2022 (HK$664.39 Mil) but then declined from Dec. 2022 (HK$664.39 Mil) to Dec. 2023 (HK$619.65 Mil).

Emperor Watch & Jewellery Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Emperor Watch & Jewellery's Cash, Cash Equivalents, Marketable Securities 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.

Emperor Watch & Jewellery Cash, Cash Equivalents, Marketable Securities Chart

Emperor Watch & Jewellery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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239.91

405.11

556.34

664.39

619.65

Emperor Watch & Jewellery Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															556.34	609.02	664.39	842.86	619.65

Emperor Watch & Jewellery Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Emperor Watch & Jewellery (HKSE:00887) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Emperor Watch & Jewellery Cash, Cash Equivalents, Marketable Securities Related Terms

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Emperor Watch & Jewellery (HKSE:00887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emperor Watch & Jewellery Ltd (HKSE:00887) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emperorwatchjewellery.com

Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Executives

Albert Yeung Watch & Jewellery Holdings Limited	2201 Interest of corporation controlled by you
Emperor Watch & Jewellery Group Holdings Limited	2101 Beneficial owner
First Family Advisors Trust Reg.	2301 Trustee
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Yeung Cindy	2501 Other
Brandes Investment Partners, L.p.

Emperor Watch & Jewellery (HKSE:00887) Headlines

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