First Service Holding (HKSE:02107) Cash And Cash Equivalents : HK$469 Mil (As of Dec. 2024)

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What is First Service Holding Cash And Cash Equivalents?

First Service Holding's quarterly cash and cash equivalents declined from Dec. 2023 (HK$557.64 Mil) to Jun. 2024 (HK$356.21 Mil) but then increased from Jun. 2024 (HK$356.21 Mil) to Dec. 2024 (HK$468.73 Mil).

First Service Holding's annual cash and cash equivalents increased from Dec. 2022 (HK$442.30 Mil) to Dec. 2023 (HK$557.64 Mil) but then declined from Dec. 2023 (HK$557.64 Mil) to Dec. 2024 (HK$468.73 Mil).

First Service Holding Cash And Cash Equivalents Historical Data

The historical data trend for First Service 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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First Service Holding Cash And Cash Equivalents Chart

First Service Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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870.16

607.12

442.30

557.64

468.73

First Service Holding Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial								442.30	393.99	557.64	356.21	468.73

First Service 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.

First Service Holding (HKSE:02107) 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.

First Service Holding Cash And Cash Equivalents Related Terms

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First Service Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Service Holding Ltd (HKSE:02107) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Xiangheyuan Road, Dongzhimenwai, 3rd Floor, Building 10, Wanguocheng MOMA, Dongcheng District, Beijing, CHN, 100028

Website

https://www.firstservice.hk

First Service Holding Ltd is a provider of property management services and green living solutions that cover the full property life cycle. The company's service portfolio is segregated into two segments: Property management services comprising of property management services, energy operation services under the service line of green living solutions and value-added services; and First Living segment provides green technology consulting service, system installation services, sale of goods, and energy operation services under the service line of green living solutions. It derives maximum revenue from First Property Management.

Executives

Wang Yujuan
Zhang Peng
Zhang Lei
Yu Jinmei
Hao Feng Tou Zi You Xian Gong Si
Shi Jia Ji Tuan Kong Gu You Xian Gong Si
Printrust Company (singapore) Limited	2301 Trustee
Dinghui Equity Investment Management (tianjin) Company Limited	2201 Interest of corporation controlled by you
Tianjin Yongtai Fengze Investment Consulting Company Limited	2201 Interest of corporation controlled by you
Hangzhou Dinghui New Trend Equity Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Joy Riding Limited	2101 Beneficial owner
Joy Deep Limited	2101 Beneficial owner
Vistra Trust (hong Kong) Limited	2301 Trustee
View Max Limited	2101 Beneficial owner
Huang Shiying	2307 Founder of a discretionary trust who can infl

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