Eminence Enterprise (HKSE:00616) Cash And Cash Equivalents : HK$127.31 Mil (As of Sep. 2024)

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What is Eminence Enterprise Cash And Cash Equivalents?

Eminence Enterprise's quarterly cash and cash equivalents declined from Sep. 2023 (HK$404.83 Mil) to Mar. 2024 (HK$299.72 Mil) but then stayed the same from Mar. 2024 (HK$299.72 Mil) to Sep. 2024 (HK$127.31 Mil).

Eminence Enterprise's annual cash and cash equivalents increased from Mar. 2022 (HK$82.10 Mil) to Mar. 2023 (HK$354.00 Mil) but then declined from Mar. 2023 (HK$354.00 Mil) to Mar. 2024 (HK$299.72 Mil).

Eminence Enterprise Cash And Cash Equivalents Historical Data

The historical data trend for Eminence Enterprise'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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Eminence Enterprise Cash And Cash Equivalents Chart

Eminence Enterprise Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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357.77

112.26

82.10

354.00

299.72

Eminence Enterprise Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															231.11	354.00	404.83	299.72	127.31

Eminence Enterprise 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.

Eminence Enterprise (HKSE:00616) 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.

Eminence Enterprise Cash And Cash Equivalents Related Terms

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Eminence Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eminence Enterprise Ltd (HKSE:00616) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

481-483 Castle Peak Road, Block A, 7th Floor Hong Kong Spinners Building, Phase 6, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.eminence-enterprise.com

Eminence Enterprise Ltd is principally engaged in property investment, property development, investment in securities and loan financing business segments. The company owns and invests in residential, commercial, and industrial properties. It is also involved sourcing and exporting garments, and holding and leasing residential and industrial investment properties. The firm generates its majority revenue from the Property investment segment.

Executives

Ng Wang Chun Joseph	2101 Beneficial owner
Chan Lo Chiu Angus	2101 Beneficial owner
Magical Profits Limited	2201 Interest of corporation controlled by you
Chang Ping Kwan	2101 Beneficial owner
Or Victor	2101 Beneficial owner
Chu Nin Yiu, Stephen	2101 Beneficial owner
Markson International Holding Limited	2201 Interest of corporation controlled by you
Hooper Ivan Geoffrey Douglas	2201 Interest of corporation controlled by you
Easyknit International Holdings Limited	2201 Interest of corporation controlled by you
Accumulate More Profits Limited	2201 Interest of corporation controlled by you
Goodco Development Limited	2101 Beneficial owner
Easyknit Properties Holdings Limited	2201 Interest of corporation controlled by you
Winterbotham Holdings Limited	2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust	2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas	2201 Interest of corporation controlled by you

Eminence Enterprise Headlines

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