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Harbour Centre Development (HKSE:00051) Cash And Cash Equivalents : HK$381 Mil (As of Dec. 2023)


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What is Harbour Centre Development Cash And Cash Equivalents?

Harbour Centre Development's quarterly cash and cash equivalents declined from Dec. 2022 (HK$634.00 Mil) to Jun. 2023 (HK$455.00 Mil) but then stayed the same from Jun. 2023 (HK$455.00 Mil) to Dec. 2023 (HK$381.00 Mil).

Harbour Centre Development's annual cash and cash equivalents declined from Dec. 2021 (HK$1,089.00 Mil) to Dec. 2022 (HK$634.00 Mil) and declined from Dec. 2022 (HK$634.00 Mil) to Dec. 2023 (HK$381.00 Mil).


Harbour Centre Development Cash And Cash Equivalents Historical Data

The historical data trend for Harbour Centre Development's Cash And Cash Equivalents 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.

Harbour Centre Development Cash And Cash Equivalents Chart

Harbour Centre Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,910.00 1,294.00 1,089.00 634.00 381.00

Harbour Centre Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,089.00 703.00 634.00 455.00 381.00

Harbour Centre Development Cash And Cash Equivalents 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.


Harbour Centre Development  (HKSE:00051) Cash And Cash Equivalents Explanation

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.


Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.


Harbour Centre Development Cash And Cash Equivalents Related Terms

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Harbour Centre Development (HKSE:00051) Business Description

Traded in Other Exchanges
N/A
Address
Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Harbour Centre Development Ltd has engaged in the acquisition, development, design, construction, sales, and marketing of properties in China. The operating business segments are investments, development property, investment property, and hotels. The Development property segment do activities relating to the acquisition, development, design, construction, sales, and marketing of properties in Mainland China. The Investment property segment represents the property leasing of the company's investment properties in Hong Kong. The Hotel segment represents the operations of Marco Polo Hongkong Hotel and Marco Polo Changzhou. It also includes The Murray, which is under construction. Its maximum revenue is driven by the Development property segment and from the Mainland China region.
Executives
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