Kinetic Development Group (HKSE:01277) Cash, Cash Equivalents, Marketable Securities : HK$1,044 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Kinetic Development Group Cash, Cash Equivalents, Marketable Securities?

Kinetic Development Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$829.46 Mil) to Jun. 2023 (HK$606.18 Mil) but then increased from Jun. 2023 (HK$606.18 Mil) to Dec. 2023 (HK$1,044.27 Mil).

Kinetic Development Group's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$3,252.95 Mil) to Dec. 2022 (HK$829.46 Mil) but then increased from Dec. 2022 (HK$829.46 Mil) to Dec. 2023 (HK$1,044.27 Mil).

Kinetic Development Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Kinetic Development Group'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.

Kinetic Development Group Cash, Cash Equivalents, Marketable Securities Chart

Kinetic Development Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

553.25

1,592.67

3,252.95

829.46

1,044.27

Kinetic Development Group 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															3,252.95	1,930.13	829.46	606.18	1,044.27

Kinetic Development Group 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.

Kinetic Development Group (HKSE:01277) 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.

Kinetic Development Group Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Kinetic Development Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Kinetic Development Group (HKSE:01277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Kinetic Development Group Ltd (HKSE:01277) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Dafanpu Coal Mine, Majiata Village, Xuejiawan Town Zhunge’er Banner, Ordos City Inner Mongolia, Ordos City, CHN

Website

https://www.kineticme.com

Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment and other segment (mainly including planting and properties operations).

Executives

The Zhang Family Overseas Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Zhang Liang, Johnson	2307 Founder of a discretionary trust who can infl
King Lok Holdings Limited	2101 Beneficial owner
Zhang Li	2101 Beneficial owner
China Huarong International Holdings Ltd	2201 Interest of corporation controlled by you
Right Select International Limited	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Yong Cai Chuang Tou You Xian Gong Si	2106 Person having a security interest in shares

Kinetic Development Group (HKSE:01277) Headlines

No Headlines