Abbisko Cayman (HKSE:02256) Cash And Cash Equivalents : HK$309.1 Mil (As of Dec. 2024)

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What is Abbisko Cayman Cash And Cash Equivalents?

Abbisko Cayman's quarterly cash and cash equivalents declined from Dec. 2023 (HK$632.29 Mil) to Jun. 2024 (HK$329.41 Mil) but then stayed the same from Jun. 2024 (HK$329.41 Mil) to Dec. 2024 (HK$309.12 Mil).

Abbisko Cayman's annual cash and cash equivalents declined from Dec. 2022 (HK$2,522.47 Mil) to Dec. 2023 (HK$632.29 Mil) and declined from Dec. 2023 (HK$632.29 Mil) to Dec. 2024 (HK$309.12 Mil).

Abbisko Cayman Cash And Cash Equivalents Historical Data

The historical data trend for Abbisko Cayman'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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Abbisko Cayman Cash And Cash Equivalents Chart

Abbisko Cayman Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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732.33

3,116.90

2,522.47

632.29

309.12

Abbisko Cayman Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial					2,522.47	2,299.58	632.29	329.41	309.12

Abbisko Cayman 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.

Abbisko Cayman (HKSE:02256) 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.

Abbisko Cayman Cash And Cash Equivalents Related Terms

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Abbisko Cayman Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Abbisko Cayman Ltd (HKSE:02256) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

8ZD:Germany

Address

Building 3, No. 898 Halei Road, Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai, CHN

Website

https://www.abbisko.com

Abbisko Cayman Ltd is an investment holding company that operates through its subsidiaries which is a clinical-stage biopharmaceutical company dedicated to the discovery and development of medicines and differentiated small molecule oncology therapies. The company has only one business segment which is the development of medicines.

Executives

Xu Yao-chang	2101 Beneficial owner
Qiming Corporate Gp Vi, Ltd.	2201 Interest of corporation controlled by you
Yu Hongping	2501 Other
Chen Zhui	2501 Other
Lav Asset Management (hong Kong) Limited	2102 Investment manager
Shi Yi	2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited	2301 Trustee
Futu Trustee Limited	2301 Trustee
Temasek Holdings (private) Limited	2201 Interest of corporation controlled by you
Yu Hongping	2501 Other
Morgan Stanley	2201 Interest of corporation controlled by you
Temasek Life Sciences Private Limited
Computershare Hong Kong Trustees Limited	2301 Trustee
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you

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