Kin Pang Holdings (HKSE:01722) Cash And Cash Equivalents : HK$27.6 Mil (As of Jun. 2024)

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What is Kin Pang Holdings Cash And Cash Equivalents?

Kin Pang Holdings's quarterly cash and cash equivalents increased from Jun. 2023 (HK$3.31 Mil) to Dec. 2023 (HK$18.37 Mil) and increased from Dec. 2023 (HK$18.37 Mil) to Jun. 2024 (HK$27.59 Mil).

Kin Pang Holdings's annual cash and cash equivalents increased from Dec. 2021 (HK$10.01 Mil) to Dec. 2022 (HK$18.33 Mil) and increased from Dec. 2022 (HK$18.33 Mil) to Dec. 2023 (HK$18.37 Mil).

Kin Pang Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Kin Pang 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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Kin Pang Holdings Cash And Cash Equivalents Chart

Kin Pang Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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29.14

29.18

10.01

18.33

18.37

Kin Pang Holdings Semi-Annual Data
	Dec14	Dec15	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													18.35	18.33	3.31	18.37	27.59

Kin Pang 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.

Kin Pang Holdings (HKSE:01722) 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.

Kin Pang Holdings Cash And Cash Equivalents Related Terms

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Kin Pang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kin Pang Holdings Ltd (HKSE:01722) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 249-263 Alameda, L17 Pak Tak (China Civil Plaza), Dr. Carlos d’Assumpcao, Macau, MAC

Website

https://www.kinpang.com.mo

Kin Pang Holdings Ltd is an integrated construction company that provides building and ancillary services to hotel and casino resorts, property developers, infrastructures of electricity and water supply, and public amenities and utilities (such as carriageways, footpaths, drains, and sewers). The company operates in a single business segment which is the building and ancillary services segment, and represents the firm's revenue generated from foundation-associated works, hard landscaping, alteration, and addition works, road works, water pipe works, electrical and mechanical works, and other ancillary building works. Geographically, the company derives key revenue from Macau and the rest from Hong Kong.

Executives

Choi Fong Lan	2202 Interest of your spouse
Kong Kin I	2101 Beneficial owner
Fortunate Year Investments Limited

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