Shanghai Pioneer Holding (HKSE:01345) Cash And Cash Equivalents : HK$125 Mil (As of Dec. 2023)

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What is Shanghai Pioneer Holding Cash And Cash Equivalents?

Shanghai Pioneer Holding's quarterly cash and cash equivalents declined from Dec. 2022 (HK$238.99 Mil) to Jun. 2023 (HK$99.35 Mil) but then increased from Jun. 2023 (HK$99.35 Mil) to Dec. 2023 (HK$125.16 Mil).

Shanghai Pioneer Holding's annual cash and cash equivalents declined from Dec. 2021 (HK$275.32 Mil) to Dec. 2022 (HK$238.99 Mil) and declined from Dec. 2022 (HK$238.99 Mil) to Dec. 2023 (HK$125.16 Mil).

Shanghai Pioneer Holding Cash And Cash Equivalents Historical Data

The historical data trend for Shanghai Pioneer Holding'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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Shanghai Pioneer Holding Cash And Cash Equivalents Chart

Shanghai Pioneer Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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300.76

136.34

275.32

238.99

125.16

Shanghai Pioneer Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															275.32	226.30	238.99	99.35	125.16

Shanghai Pioneer Holding 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.

Shanghai Pioneer Holding (HKSE:01345) 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.

Shanghai Pioneer Holding Cash And Cash Equivalents Related Terms

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Shanghai Pioneer Holding (HKSE:01345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shanghai Pioneer Holding Ltd (HKSE:01345) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331

Website

http://www.pioneer-pharma.com

Shanghai Pioneer Holding Ltd is an investment holding company. It is engaged in the marketing, promotion, sales, and channel management service for pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, orthopedics, odontology, and wound care. The majority of its revenue derives from the Sales of pharmaceutical products segment. The group operates mainly in PRC.

Executives

Bank Of Communications Trustee Limited	2301 Trustee
Pioneer Pharma (bvi) Co.,ltd	2101 Beneficial owner
Tian Tian Limited	2201 Interest of corporation controlled by you
Li Xinzhou	2202 Interest of your spouse
Wu Qian	2201 Interest of corporation controlled by you

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