Honworld Group (HKSE:02226) Cash And Cash Equivalents : HK$11.1 Mil (As of Dec. 2023)

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What is Honworld Group Cash And Cash Equivalents?

Honworld Group's quarterly cash and cash equivalents declined from Dec. 2022 (HK$10.95 Mil) to Jun. 2023 (HK$2.46 Mil) but then increased from Jun. 2023 (HK$2.46 Mil) to Dec. 2023 (HK$11.07 Mil).

Honworld Group's annual cash and cash equivalents declined from Dec. 2021 (HK$37.98 Mil) to Dec. 2022 (HK$10.95 Mil) but then increased from Dec. 2022 (HK$10.95 Mil) to Dec. 2023 (HK$11.07 Mil).

Honworld Group Cash And Cash Equivalents Historical Data

The historical data trend for Honworld Group'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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Honworld Group Cash And Cash Equivalents Chart

Honworld Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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191.51

10.01

37.98

10.95

11.07

Honworld Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															37.98	8.33	10.95	2.46	11.07

Honworld Group 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.

Honworld Group (HKSE:02226) 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.

Honworld Group Cash And Cash Equivalents Related Terms

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Honworld Group (HKSE:02226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Honworld Group Ltd (HKSE:02226) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No.299, Zhongxing Avenue, Balidian Town, Food and Industrial Park, Wuxing District, Zhejiang Province, Huzhou, CHN, 313000

Website

http://www.hzlaohenghe.com

Honworld Group Ltd is a China-based investment holding company. Through its subsidiaries, the company is engaged in manufacturing and selling condiment products under the brand name of Lao Heng He in the PRC. Its product categories include High-end, Normal, and Catering Services. The products include healthy brewed cooking wine as well as other condiments, including naturally-brewed soy sauce, naturally-brewed vinegar, soybean paste, sesame oil, and fermented bean curd company operates in a single segment named as Food segment.

Executives

Hu Zhou Shi Wu Xing Qu Guo You Zi Ben Jian Du Guan Li Fu Wu Zhong Xin	2201 Interest of corporation controlled by you
Mao Huixin	2101 Beneficial owner
Lcm-iv General Partner Ltd	2101 Beneficial owner
Lunar Capital Partners Iv Gp, Lp	2101 Beneficial owner
Lunar Capital Partners Iv Lp	2101 Beneficial owner
Natural Seasoning International (hk) Limited	2101 Beneficial owner
Natural Seasoning International Limited	2101 Beneficial owner
Chen Weizhong	2201 Interest of corporation controlled by you
Xing Liyu	2202 Interest of your spouse
Key Shine Global Holdings Limited	2101 Beneficial owner
Osiris International Trustees Limited	2201 Interest of corporation controlled by you
Super Sun & Moon Co., Limited	2201 Interest of corporation controlled by you
Zhong Hai Cheng Feng Bei Jing Zi Ben Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Tcl Technology Group Corporation (formerly Known As Tcl Corporation)	2201 Interest of corporation controlled by you

Honworld Group (HKSE:02226) Headlines

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