National United Resources Holdings (HKSE:00254) Cash And Cash Equivalents : HK$297.0 Mil (As of Dec. 2023)

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What is National United Resources Holdings Cash And Cash Equivalents?

National United Resources Holdings's quarterly cash and cash equivalents increased from Jun. 2022 (HK$125.95 Mil) to Jun. 2023 (HK$135.58 Mil) and increased from Jun. 2023 (HK$135.58 Mil) to Dec. 2023 (HK$296.99 Mil).

National United Resources Holdings's annual cash and cash equivalents increased from Dec. 2018 (HK$1.12 Mil) to Dec. 2019 (HK$3.31 Mil) and increased from Dec. 2019 (HK$3.31 Mil) to Dec. 2020 (HK$4.57 Mil).

National United Resources Holdings Cash And Cash Equivalents Historical Data

The historical data trend for National United Resources 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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National United Resources Holdings Cash And Cash Equivalents Chart

National United Resources Holdings Annual Data

Trend

Jun11

Jun12

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

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47.46

6.58

1.12

3.31

4.57

National United Resources Holdings Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.66	2.14	125.95	135.58	296.99

National United Resources 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.

National United Resources Holdings (HKSE:00254) 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.

National United Resources Holdings Cash And Cash Equivalents Related Terms

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National United Resources Holdings (HKSE:00254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » National United Resources Holdings Ltd (HKSE:00254) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

213 Queen's Road East, Unit 2806, 28th Floor, Wu Chung House, Wanchai, Hong Kong, HKG

Website

http://www.nur.com.hk

National United Resources Holdings Ltd is an investment holding company. The company is engaged in car rental and shuttle bus services business through the TMTC Group. The TMTC Group has 700 electric buses and fuel buses over vehicles in total with capacity of 5 to 59 seats. The car rental and shuttle bus services business serves with particular capacity requirements, type of vehicles, point to point services, contracted tailor-made services, routes/commute served with specified timetable to employees/students of institutional customers between the working places/schools to different residential communities; car rental without chauffeur; and car rental with chauffeur for trip on business, leisure and various government grand events purposes.

Executives

Ji Kaiping	2201 Interest of corporation controlled by you
Thousand Joy Limited	2101 Beneficial owner
Guo Peiyuan	2201 Interest of corporation controlled by you
Hontin Ocean Resources Limited	2101 Beneficial owner
Tian Xin	2101 Beneficial owner
Hot Mediatech Group Pte. Ltd.	2101 Beneficial owner
Li Jiayi	2201 Interest of corporation controlled by you

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