China State Construction Development Holdings (HKSE:00830) Cash And Cash Equivalents : HK$685 Mil (As of Jun. 2024)

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What is China State Construction Development Holdings Cash And Cash Equivalents?

China State Construction Development Holdings's quarterly cash and cash equivalents increased from Jun. 2023 (HK$645.03 Mil) to Dec. 2023 (HK$712.95 Mil) but then stayed the same from Dec. 2023 (HK$712.95 Mil) to Jun. 2024 (HK$685.09 Mil).

China State Construction Development Holdings's annual cash and cash equivalents increased from Dec. 2021 (HK$928.10 Mil) to Dec. 2022 (HK$974.84 Mil) but then declined from Dec. 2022 (HK$974.84 Mil) to Dec. 2023 (HK$712.95 Mil).

China State Construction Development Holdings Cash And Cash Equivalents Historical Data

The historical data trend for China State Construction Development 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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China State Construction Development Holdings Cash And Cash Equivalents Chart

China State Construction Development Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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826.58

858.15

928.10

974.84

712.95

China State Construction Development Holdings 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															810.62	974.84	645.03	712.95	685.09

China State Construction Development 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.

China State Construction Development Holdings (HKSE:00830) 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.

China State Construction Development Holdings Cash And Cash Equivalents Related Terms

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China State Construction Development Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China State Construction Development Holdings Ltd (HKSE:00830) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Sun Yip Street, 16th Floor, Eight Commercial Tower, Chai Wan, Hong Kong, HKG

Website

https://www.cscd.com.hk

China State Construction Development Holdings Ltd is an investment holding company. Along with its subsidiaries, the company operates in the Facade and General Contracting Works, and Operating Management reporting segments. A majority of its revenue is generated from the Facade and General Contracting Works segment, which provides facade building services through the Far East Facade brand and also provides general construction services, including the construction of residential and commercial real estate.

Executives

Add Treasure Holdings Limited
China Overseas Holdings Limited
China State Construction International Holdings Limited
Zhong Guo Jian Zhu Gu Fen You Xian Gong Si
Zhong Guo Jian Zhu Ji Tuan You Xian Gong Si

China State Construction Development Holdings Headlines

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