Sansheng Holdings (Group) Co (HKSE:02183) Cash And Cash Equivalents : HK$5,207 Mil (As of Dec. 2021)

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What is Sansheng Holdings (Group) Co Cash And Cash Equivalents?

Sansheng Holdings (Group) Co's quarterly cash and cash equivalents increased from Dec. 2020 (HK$8,755.44 Mil) to Jun. 2021 (HK$9,779.54 Mil) but then stayed the same from Jun. 2021 (HK$9,779.54 Mil) to Dec. 2021 (HK$5,206.68 Mil).

Sansheng Holdings (Group) Co's annual cash and cash equivalents increased from Dec. 2019 (HK$1,879.80 Mil) to Dec. 2020 (HK$8,755.44 Mil) but then declined from Dec. 2020 (HK$8,755.44 Mil) to Dec. 2021 (HK$5,206.68 Mil).

Sansheng Holdings (Group) Co Cash And Cash Equivalents Historical Data

The historical data trend for Sansheng Holdings (Group) Co'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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Sansheng Holdings (Group) Co Cash And Cash Equivalents Chart

Sansheng Holdings (Group) Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

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955.12

614.00

1,879.80

8,755.44

5,206.68

Sansheng Holdings (Group) Co Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,879.80	2,129.74	8,755.44	9,779.54	5,206.68

Sansheng Holdings (Group) Co 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.

Sansheng Holdings (Group) Co (HKSE:02183) 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.

Sansheng Holdings (Group) Co Cash And Cash Equivalents Related Terms

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Sansheng Holdings (Group) Co (HKSE:02183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sansheng Holdings (Group) Co Ltd (HKSE:02183) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.sansheng.hk

Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.

Executives

Mega Regal Limited	2101 Beneficial owner
Cheng Xuan	2202 Interest of your spouse
Lin Rongbin	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Springboard Holdings Limited	2101 Beneficial owner
Lau Luen Hung, Thomas	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Modern Times Development Limited	2201 Interest of corporation controlled by you

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