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Fulu Holdings (HKSE:02101) Cash And Cash Equivalents : HK$219.0 Mil (As of Jun. 2024)


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What is Fulu Holdings Cash And Cash Equivalents?

Fulu Holdings's quarterly cash and cash equivalents declined from Jun. 2023 (HK$218.85 Mil) to Dec. 2023 (HK$161.17 Mil) but then increased from Dec. 2023 (HK$161.17 Mil) to Jun. 2024 (HK$218.97 Mil).

Fulu Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$256.46 Mil) to Dec. 2022 (HK$167.31 Mil) and declined from Dec. 2022 (HK$167.31 Mil) to Dec. 2023 (HK$161.17 Mil).


Fulu Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Fulu 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.

Fulu Holdings Cash And Cash Equivalents Chart

Fulu Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial 10.00 542.80 256.46 167.31 161.17

Fulu Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 314.12 167.31 218.85 161.17 218.97

Fulu 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.


Fulu Holdings  (HKSE:02101) 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.


Fulu Holdings Cash And Cash Equivalents Related Terms

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Fulu Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 77, Guanggu Avenue, 2nd Floor, Building B2, Optics Valley Financial Port, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN
Fulu Holdings Ltd is a third-party virtual goods and services platform operator in China. Its platform connects virtual goods vendors and virtual goods sales channels. It serves virtual goods vendors, covering leisure and entertainment, games, telecommunications, and lifestyle services, providing virtual goods vendors with access to a variety of sales channels, such as e-commerce and online payment platforms. It generates revenues from providing business-to-business services to virtual goods vendors and sales channels, including facilitating virtual goods transactions between virtual goods vendors and virtual goods sales channels and providing value-added services. It generates revenue from four business segments: leisure and entertainment; games; telecommunications; and lifestyle.
Executives
Xu Jian 2201 Interest of corporation controlled by you
Luzhi Holdings Limited 2101 Beneficial owner
Fu Xi 2307 Founder of a discretionary trust who can infl
Zhang Yuguo 2101 Beneficial owner
Fuxi Limited 2201 Interest of corporation controlled by you
Zhangyuguo Holdings Limited 2101 Beneficial owner

Fulu Holdings Headlines

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