CSC Holdings (HKSE:00235) Cash And Cash Equivalents : HK$1,292.69 Mil (As of Dec. 2023)

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What is CSC Holdings Cash And Cash Equivalents?

CSC Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (HK$988.93 Mil) to Jun. 2023 (HK$1,039.93 Mil) and increased from Jun. 2023 (HK$1,039.93 Mil) to Dec. 2023 (HK$1,292.69 Mil).

CSC Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$1,509.15 Mil) to Dec. 2022 (HK$988.93 Mil) but then increased from Dec. 2022 (HK$988.93 Mil) to Dec. 2023 (HK$1,292.69 Mil).

CSC Holdings Cash And Cash Equivalents Historical Data

The historical data trend for CSC Holdings'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.

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CSC Holdings Cash And Cash Equivalents Chart

CSC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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135.79

2,240.73

1,509.15

988.93

1,292.69

CSC Holdings 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															1,509.15	884.87	988.93	1,039.93	1,292.69

CSC Holdings 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.

CSC Holdings (HKSE:00235) 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.

CSC Holdings Cash And Cash Equivalents Related Terms

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CSC Holdings (HKSE:00235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CSC Holdings Ltd (HKSE:00235) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3206-3210, 32nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.cshldgs.com

CSC Holdings Ltd conducts operations through its subsidiaries. The company's core businesses consist of investment in securities, which generates dividend income and other income; the trading business, which includes trading of metal minerals and electronic components; the money-lending business, which generates interest income and arrangement fees; and Securities brokerage includes dealing in securities activities. The company generates its revenue from the trading business. It conducts operations in the People's Republic of China and Hong Kong, with the revenue generated from Hong Kong.

Executives

Courage Star Global Limited	2101 Beneficial owner
Pioneer Success Development Limited	2101 Beneficial owner
Cheng Kar Shun	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you

CSC Holdings (HKSE:00235) Headlines

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