Heng Hup Holdings (HKSE:01891) Cash And Cash Equivalents : HK$33 Mil (As of Dec. 2023)

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What is Heng Hup Holdings Cash And Cash Equivalents?

Heng Hup Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (HK$44.53 Mil) to Jun. 2023 (HK$66.74 Mil) but then stayed the same from Jun. 2023 (HK$66.74 Mil) to Dec. 2023 (HK$33.07 Mil).

Heng Hup Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$48.80 Mil) to Dec. 2022 (HK$44.53 Mil) and declined from Dec. 2022 (HK$44.53 Mil) to Dec. 2023 (HK$33.07 Mil).

Heng Hup Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Heng Hup 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.

* Premium members only.

Heng Hup Holdings Cash And Cash Equivalents Chart

Heng Hup Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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53.09

47.95

48.80

44.53

33.07

Heng Hup Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial										48.80	51.94	44.53	66.74	33.07

Heng Hup 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.

Heng Hup Holdings (HKSE:01891) 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.

Heng Hup Holdings Cash And Cash Equivalents Related Terms

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Heng Hup Holdings (HKSE:01891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heng Hup Holdings Ltd (HKSE:01891) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 264, Jalan Satu A, Kampung Baru Subang, Shah Alam, MYS, 40150

Website

https://www.henghup.com

Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading of scrap ferrous metals, used batteries, waste paper, and other scraps. Its only operating segment being trading of recycling materials. Geographically, it derives revenue from Malaysia.

Executives

Juan Sook Fong	2202 Interest of your spouse
Koo Lee Ching	2202 Interest of your spouse
Loh Hui Mei	2202 Interest of your spouse
Peong Ai Teen	2202 Interest of your spouse
Sia Keng Leong	2201 Interest of corporation controlled by you
Sia Kok Chin	2201 Interest of corporation controlled by you
Sia Kok Chong	2201 Interest of corporation controlled by you
Sia Kok Heong	2201 Interest of corporation controlled by you
Sia Kok Seng	2201 Interest of corporation controlled by you
Yang Mei Feng	2202 Interest of your spouse
5s Holdings (bvi) Limited	2101 Beneficial owner
Poon Ka Ho Stanley

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