Qeeka Home (Cayman) (HKSE:01739) Cash, Cash Equivalents, Marketable Securities

: HK$1,063 Mil (As of Dec. 2023)

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Qeeka Home (Cayman)'s quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$1,092.39 Mil) to Jun. 2023 (HK$1,003.39 Mil) but then increased from Jun. 2023 (HK$1,003.39 Mil) to Dec. 2023 (HK$1,063.24 Mil).

Qeeka Home (Cayman)'s annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$1,447.76 Mil) to Dec. 2022 (HK$1,092.39 Mil) and declined from Dec. 2022 (HK$1,092.39 Mil) to Dec. 2023 (HK$1,063.24 Mil).

Qeeka Home (Cayman) Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Qeeka Home (Cayman)'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.

Qeeka Home (Cayman) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

1,315.90

1,374.44

1,447.76

1,092.39

1,063.24

Qeeka Home (Cayman) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities												1,447.76	1,352.13	1,092.39	1,003.39	1,063.24

Qeeka Home (Cayman) 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.

Qeeka Home (Cayman) (HKSE:01739) 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.

Qeeka Home (Cayman) Cash, Cash Equivalents, Marketable Securities Related Terms

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Qeeka Home (Cayman) (HKSE:01739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Qeeka Home (Cayman) Inc (HKSE:01739) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1926, Cao An Highway, Building 1, Jiading District, Shanghai, CHN

Website

https://www.qeeka.com

Qeeka Home (Cayman) Inc is a provider of SaaS solution in the Interior design and construction industry in China. The principal activities of the Group are the provision of SaaS based total marketing solution (SaaS), provision of targeted marketing services and inspection services (Marketing Service); provision of building and home decoration material supply chain services (Supply Chain Services); provision of interior design and construction service and licensing its brand to business partners and others (Interior Design and Construction); and the provision of other initiative services (Innovation and others). All the revenue of the group was generated in the PRC.

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