iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Cash, Cash Equivalents, Marketable Securities : HK$1,046 Mil (As of Dec. 2023)

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What is iMotion Automotive Technology (Suzhou) Co Cash, Cash Equivalents, Marketable Securities?

iMotion Automotive Technology (Suzhou) Co's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$613.06 Mil) to Jun. 2023 (HK$434.86 Mil) but then increased from Jun. 2023 (HK$434.86 Mil) to Dec. 2023 (HK$1,045.80 Mil).

iMotion Automotive Technology (Suzhou) Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$337.59 Mil) to Dec. 2022 (HK$613.06 Mil) and increased from Dec. 2022 (HK$613.06 Mil) to Dec. 2023 (HK$1,045.80 Mil).

iMotion Automotive Technology (Suzhou) Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) Co'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.

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iMotion Automotive Technology (Suzhou) Co Cash, Cash Equivalents, Marketable Securities Chart

iMotion Automotive Technology (Suzhou) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

49.38

337.59

613.06

1,045.80

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			337.59	-	613.06	434.86	1,045.80

iMotion Automotive Technology (Suzhou) Co 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.

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) 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.

iMotion Automotive Technology (Suzhou) Co Cash, Cash Equivalents, Marketable Securities Related Terms

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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » iMotion Automotive Technology (Suzhou) Co Ltd (HKSE:01274) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN

Website

https://www.imotion.ai

iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.

Executives

China Construction Bank Corporation	2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Li Xiang	2501 Other
Li Auto Inc.	2201 Interest of corporation controlled by you
Leading Ideal Hk Limited	2201 Interest of corporation controlled by you
Cyric Point Enterprises Limited	2201 Interest of corporation controlled by you
Bei Jing Luo Ke Wei Er Si Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Che He Jia Xin Xi Ji Shu You Xian Gong Si	2101 Beneficial owner
Amp Lee Ltd.	2201 Interest of corporation controlled by you
Jian Yin Ke Chuang Su Zhou Tou Dai Lian Dong Gu Quan Tou Zi Ji Jin You Xian He Huo	2101 Beneficial owner
Jian Yin Guo Ji Zi Ben Guan Li Tian Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Jian Yin Guo Ji Zhong Guo You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Jian Yin Guo Ji Jin He Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Song Yang	2101 Beneficial owner
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you

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