Royale Home Holdings (HKSE:01198) Cash And Cash Equivalents : HK$21.8 Mil (As of Dec. 2024)

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What is Royale Home Holdings Cash And Cash Equivalents?

Royale Home Holdings's quarterly cash and cash equivalents declined from Dec. 2023 (HK$32.02 Mil) to Jun. 2024 (HK$29.57 Mil) but then stayed the same from Jun. 2024 (HK$29.57 Mil) to Dec. 2024 (HK$21.84 Mil).

Royale Home Holdings's annual cash and cash equivalents declined from Dec. 2022 (HK$398.48 Mil) to Dec. 2023 (HK$32.02 Mil) and declined from Dec. 2023 (HK$32.02 Mil) to Dec. 2024 (HK$21.84 Mil).

Royale Home Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Royale Home 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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Royale Home Holdings Cash And Cash Equivalents Chart

Royale Home Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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236.70

146.30

398.48

32.02

21.84

Royale Home Holdings 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															398.48	15.45	32.02	29.57	21.84

Royale Home 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.

Royale Home Holdings (HKSE:01198) 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.

Royale Home Holdings Cash And Cash Equivalents Related Terms

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Royale Home Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Royale Home Holdings Ltd (HKSE:01198) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

66 Mody Road, Room 607, 6th Floor, Tsim Sha Tsui Centre, West Wing, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

https://royale.todayir.com

Royale Home Holdings Ltd is an investment holding company. The Company and its subsidiaries were principally engaged in the manufacture and sale of furniture in the People's Republic of China. The segments of the company are: a) Manufacture and sale of furniture, b) Development properties for sales and property investments, c) Hotel operations, d) Trading of aluminium ingots and bars. The company generates the majority of its revenue from the Manufacture and sale of furniture. Geographically, it derives revenue from Mainland China.

Executives

Tse Kam Pang	2201 Interest of corporation controlled by you
Ke Xue Cheng Guang Zhou Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Ke Xue Cheng Xiang Gang Tou Zi You Xian Gong Si	2101 Beneficial owner
Great Diamond Developments Ltd	2101 Beneficial owner

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