Poly Culture Group (HKSE:03636) Cash, Cash Equivalents, Marketable Securities : HK$1,398 Mil (As of Jun. 2023)

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What is Poly Culture Group Cash, Cash Equivalents, Marketable Securities?

Poly Culture Group's quarterly cash, cash equivalents, marketable securities increased from Jun. 2022 (HK$1,241.35 Mil) to Dec. 2022 (HK$3,396.85 Mil) but then stayed the same from Dec. 2022 (HK$3,396.85 Mil) to Jun. 2023 (HK$1,397.92 Mil).

Poly Culture Group's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (HK$1,635.94 Mil) to Dec. 2021 (HK$2,041.22 Mil) and increased from Dec. 2021 (HK$2,041.22 Mil) to Dec. 2022 (HK$3,396.85 Mil).

Poly Culture Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Poly Culture 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.

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Poly Culture Group Cash, Cash Equivalents, Marketable Securities Chart

Poly Culture Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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3,549.04

1,403.09

1,635.94

2,041.22

3,396.85

Poly Culture Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															2,494.36	2,041.22	1,241.35	3,396.85	1,397.92

Poly Culture 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.

Poly Culture Group (HKSE:03636) 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.

Poly Culture Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Poly Culture Group (HKSE:03636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Poly Culture Group Corporation Ltd (HKSE:03636) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

1 North Street of Chaoyangmen, District A, B and C, 11th Floor, Dongcheng District, Beijing, CHN, 100010

Website

http://www.polyculture.com.cn

Poly Culture Group Corporation Ltd is engaged in art business and auction, performance and theater management, and cinema investment and management. Its Art business and the auction include buy and sell antiques, modern and contemporary calligraphy and painting, ancient calligraphy and painting, oil painting and sculpture, and other cultural relics and artwork. It also provides artwork investment consultation and other services. Performance and theatre management, which is the key revenue driver, includes daily management of the theatre, the arrangement of performances, leases of theatres and theatre design consultation services. Cinema Investment and management includes cinema construction and cinema operation. It earns the majority of its revenue in Mainland China.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2106 Person having a security interest in shares
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Li Shuming

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