Golden Wheel Tiandi Holdings Co (HKSE:01232) Cash And Cash Equivalents : HK$104.5 Mil (As of Dec. 2024)

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What is Golden Wheel Tiandi Holdings Co Cash And Cash Equivalents?

Golden Wheel Tiandi Holdings Co's quarterly cash and cash equivalents declined from Dec. 2023 (HK$228.89 Mil) to Jun. 2024 (HK$147.95 Mil) but then stayed the same from Jun. 2024 (HK$147.95 Mil) to Dec. 2024 (HK$104.50 Mil).

Golden Wheel Tiandi Holdings Co's annual cash and cash equivalents increased from Dec. 2022 (HK$215.77 Mil) to Dec. 2023 (HK$228.89 Mil) but then declined from Dec. 2023 (HK$228.89 Mil) to Dec. 2024 (HK$104.50 Mil).

Golden Wheel Tiandi Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Golden Wheel Tiandi Holdings Co'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.

Golden Wheel Tiandi Holdings Co Cash And Cash Equivalents Chart

Golden Wheel Tiandi Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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1,006.58

424.78

215.77

228.89

104.50

Golden Wheel Tiandi Holdings Co 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															215.77	159.42	228.89	147.95	104.50

Golden Wheel Tiandi Holdings Co 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.

Golden Wheel Tiandi Holdings Co (HKSE:01232) 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.

Golden Wheel Tiandi Holdings Co Cash And Cash Equivalents Related Terms

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Golden Wheel Tiandi Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden Wheel Tiandi Holdings Co Ltd (HKSE:01232) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 8, Hanzhong Road, 33rd Floor, Golden Wheel International Plaza, Nanjing, CHN

Website

https://www.gwtd.com.hk

Golden Wheel Tiandi Holdings Co Ltd is an investment holding company. Through its subsidiaries, it is engaged in three segments, namely Property development, which involves the development and sale of properties, Property leasing, which involves Property leasing (including the lease of self-owned properties and sub-lease of rented properties), and hotel operation. The majority of its revenue comes from the sale of the group's developed properties. Its geographical segments are Mainland China and Hong Kong, of which the company's majority revenue comes from Mainland China.

Executives

Wong Kam Fai	2101 Beneficial owner
Wong Kam Keung Barry	2101 Beneficial owner
Janata Suwita
Wong Yam Yin
Golden Wheel Realty Company Limited	2101 Beneficial owner
Hung So Ling	2201 Interest of corporation controlled by you

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