China Renaissance Holdings (HKSE:01911) Cash, Cash Equivalents, Marketable Securities : HK$0.0 Mil (As of Jun. 2023)

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What is China Renaissance Holdings Cash, Cash Equivalents, Marketable Securities?

China Renaissance Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$6,914.99 Mil) to Jun. 2022 (HK$6,756.01 Mil) but then stayed the same from Jun. 2022 (HK$6,756.01 Mil) to Jun. 2023 (HK$0.00 Mil).

China Renaissance Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (HK$5,674.66 Mil) to Dec. 2021 (HK$6,914.99 Mil) but then declined from Dec. 2021 (HK$6,914.99 Mil) to Dec. 2022 (HK$6,108.83 Mil).

China Renaissance Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for China Renaissance Holdings'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.

China Renaissance Holdings Cash, Cash Equivalents, Marketable Securities Chart

China Renaissance Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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5,454.18

5,271.06

5,674.66

6,914.99

6,108.83

China Renaissance Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									5,674.66	6,968.68	6,914.99	6,756.01	-

China Renaissance Holdings 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.

China Renaissance Holdings (HKSE:01911) 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.

China Renaissance Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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China Renaissance Holdings (HKSE:01911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Renaissance Holdings Ltd (HKSE:01911) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

CSCHF:USA

Address

No.2A Workers’ Stadium North Road, Pacific Century Place, Gate 1, Space 8, Chaoyang District, Beijing, CHN, 100027

Website

http://www.huaxing.com

China Renaissance Holdings Ltd is an investment banking and investment management company that combines private placement advisory, Merger and Acquisition advisory, securities underwriting, research, sales and trading, investment management, and other financial services. Its segments include Investment Banking, Investment Management, CR Securities, and Others. The company generates maximum revenue from the Investment Management segment.

Executives

Bao Fan
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Pandanus Partners L.p.	2201 Interest of corporation controlled by you
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Li Shujun	2201 Interest of corporation controlled by you
Chengwei Evergreen Management, Llc	2201 Interest of corporation controlled by you
Cw Renaissance Holdings Limited	2101 Beneficial owner
Chengwei Capital Hk Limited	2201 Interest of corporation controlled by you
Chengwei Evergreen Capital, Lp	2201 Interest of corporation controlled by you
Renaissance Greenhouse Hk Limited	2101 Beneficial owner
Infiniti Trust (hong Kong) Limited	2301 Trustee
Sky Allies Development Limited	2306 Nominee for another person

China Renaissance Holdings (HKSE:01911) Headlines

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