FSE Lifestyle Services (HKSE:00331) Cash And Cash Equivalents : HK$439 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is FSE Lifestyle Services Cash And Cash Equivalents?

FSE Lifestyle Services's quarterly cash and cash equivalents increased from Dec. 2022 (HK$680.59 Mil) to Jun. 2023 (HK$715.95 Mil) but then stayed the same from Jun. 2023 (HK$715.95 Mil) to Dec. 2023 (HK$438.53 Mil).

FSE Lifestyle Services's annual cash and cash equivalents increased from Jun. 2021 (HK$517.27 Mil) to Jun. 2022 (HK$727.30 Mil) but then declined from Jun. 2022 (HK$727.30 Mil) to Jun. 2023 (HK$715.95 Mil).

FSE Lifestyle Services Cash And Cash Equivalents Historical Data

The historical data trend for FSE Lifestyle Services'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.

FSE Lifestyle Services Cash And Cash Equivalents Chart

FSE Lifestyle Services Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

Get a 7-Day Free Trial

855.91

517.27

727.30

715.95

601.29

FSE Lifestyle Services Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															727.30	680.59	715.95	438.53	601.29

FSE Lifestyle Services 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.

FSE Lifestyle Services (HKSE:00331) 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.

FSE Lifestyle Services Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of FSE Lifestyle Services's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

FSE Lifestyle Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FSE Lifestyle Services Ltd (HKSE:00331) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 801-810, No. 8 Wang Hoi Road, 8th Floor, Chevalier Commercial Centre, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.fse.com.hk

FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services.

Executives

Doo Wai Hoi William	2202 Interest of your spouse
Doo Family Prosperity Holdings Limited
Fung Seng Holdings (x) Limited
Fungseng Prosperity Holdings Limited
Doo Cheng Sau Ha Amy	2201 Interest of corporation controlled by you
Fse Holdings Limited	2201 Interest of corporation controlled by you
Sino Spring Global Limited	2201 Interest of corporation controlled by you
Fse Management Company Limited	2101 Beneficial owner

FSE Lifestyle Services Headlines

No Headlines