Tian Cheng Holdings (HKSE:02110) Cash And Cash Equivalents : HK$29.6 Mil (As of Nov. 2024)

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What is Tian Cheng Holdings Cash And Cash Equivalents?

Tian Cheng Holdings's quarterly cash and cash equivalents declined from Nov. 2023 (HK$47.78 Mil) to May. 2024 (HK$25.82 Mil) but then increased from May. 2024 (HK$25.82 Mil) to Nov. 2024 (HK$29.60 Mil).

Tian Cheng Holdings's annual cash and cash equivalents declined from May. 2022 (HK$75.18 Mil) to May. 2023 (HK$33.69 Mil) and declined from May. 2023 (HK$33.69 Mil) to May. 2024 (HK$25.82 Mil).

Tian Cheng Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Tian Cheng 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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Tian Cheng Holdings Cash And Cash Equivalents Chart

Tian Cheng Holdings Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

May24

Cash And Cash Equivalents

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31.01

124.52

75.18

33.69

25.82

Tian Cheng Holdings Semi-Annual Data
	May17	May18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Cash And Cash Equivalents	Get a 7-Day Free Trial									77.77	33.69	47.78	25.82	29.60

Tian Cheng 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.

Tian Cheng Holdings (HKSE:02110) 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.

Tian Cheng Holdings Cash And Cash Equivalents Related Terms

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Tian Cheng Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tian Cheng Holdings Ltd (HKSE:02110) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Mody Road, Rooms 506-507A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.tianchengholdings.com.cn

Tian Cheng Holdings Ltd formerly Yue Kan Holdings Ltd is a marine construction works subcontractor. The company's operating segments includes Marine construction works; Other civil engineering works; health and wellness services and Vessel chartering services. It generates maximum revenue from the Marine construction works segment. Geographically, it derives revenue from Hong Kong.

Executives

Ouyang Chengguo	2101 Beneficial owner
Yue Hang Investment Limited	2101 Beneficial owner
Heung Che Kan	2201 Interest of corporation controlled by you
Mok Man Yee Lisa	2202 Interest of your spouse

Tian Cheng Holdings Headlines

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