Road King Infrastructure (HKSE:01098) Cash And Cash Equivalents : HK$4,274 Mil (As of Dec. 2024)

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What is Road King Infrastructure Cash And Cash Equivalents?

Road King Infrastructure's quarterly cash and cash equivalents increased from Dec. 2023 (HK$5,480.20 Mil) to Jun. 2024 (HK$6,125.28 Mil) but then stayed the same from Jun. 2024 (HK$6,125.28 Mil) to Dec. 2024 (HK$4,273.57 Mil).

Road King Infrastructure's annual cash and cash equivalents declined from Dec. 2022 (HK$8,261.66 Mil) to Dec. 2023 (HK$5,480.20 Mil) and declined from Dec. 2023 (HK$5,480.20 Mil) to Dec. 2024 (HK$4,273.57 Mil).

Road King Infrastructure Cash And Cash Equivalents Historical Data

The historical data trend for Road King Infrastructure'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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Road King Infrastructure Cash And Cash Equivalents Chart

Road King Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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14,055.97

12,599.58

8,261.66

5,480.20

4,273.57

Road King Infrastructure Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															8,261.66	6,121.95	5,480.20	6,125.28	4,273.57

Road King Infrastructure 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.

Road King Infrastructure (HKSE:01098) 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.

Road King Infrastructure Cash And Cash Equivalents Related Terms

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Road King Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Road King Infrastructure Ltd (HKSE:01098) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

9 Canton Road, The Gateway, Suite 501, 5th Floor, Tower 6, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.roadking.com.hk

Road King Infrastructure Ltd is an investment holding company. The company's principal activities are the operation of property development and investment, investment and asset management businesses in Mainland China and Hong Kong; and the development, operation and management of toll roads through the infrastructure joint ventures in the PRC and Indonesia. The company's business segments are; Property Development and Investment, Toll Road, and Investment and asset management. The Property development and investment segment which generates key revenue is engaged in the development of properties for sale, rental income, or potential capital appreciation. Geographically, it generates a majority of its revenue from Mainland China followed by Hong Kong.

Executives

Wai Kee Holdings Limited	2201 Interest of corporation controlled by you
Groove Trading Limited	2101 Beneficial owner
Zwp Investments Limited	2101 Beneficial owner

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