TK Group (Holdings) (HKSE:02283) Cash And Cash Equivalents : HK$1,158 Mil (As of Dec. 2023)

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What is TK Group (Holdings) Cash And Cash Equivalents?

TK Group (Holdings)'s quarterly cash and cash equivalents declined from Dec. 2022 (HK$1,114.46 Mil) to Jun. 2023 (HK$1,108.84 Mil) but then increased from Jun. 2023 (HK$1,108.84 Mil) to Dec. 2023 (HK$1,158.16 Mil).

TK Group (Holdings)'s annual cash and cash equivalents increased from Dec. 2021 (HK$1,027.57 Mil) to Dec. 2022 (HK$1,114.46 Mil) and increased from Dec. 2022 (HK$1,114.46 Mil) to Dec. 2023 (HK$1,158.16 Mil).

TK Group (Holdings) Cash And Cash Equivalents Historical Data

The historical data trend for TK Group (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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TK Group (Holdings) Cash And Cash Equivalents Chart

TK Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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582.88

920.45

1,027.57

1,114.46

1,158.16

TK Group (Holdings) 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															1,027.57	884.13	1,114.46	1,108.84	1,158.16

TK Group (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.

TK Group (Holdings) (HKSE:02283) 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.

TK Group (Holdings) Cash And Cash Equivalents Related Terms

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TK Group (Holdings) (HKSE:02283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TK Group (Holdings) Ltd (HKSE:02283) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

TK Technology Park, Tangjia Community, Fenghuang Sub-district Office, Guangming District, Shenzhen, CHN

Website

http://www.tkmold.com

TK Group (Holdings) Ltd is in the business of manufacturing, sales, subcontracting, fabrication, and modification of molds and plastic components. Its product categories are digital devices, mobile phones, telecom equipment, medical devices, electrical appliances, Automobiles, Smart homes, and others. It has Mold fabrication and Plastic components manufacturing segments. The plastic components manufacturing segment generates revenue for the company. The company operates in China, South East Asia, Hong Kong, Europe, the United States, Mexico, and other countries.

Executives

Eastern Mix Company Limited	2101 Beneficial owner
Li Pui Leung	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fmr Llc	2201 Interest of corporation controlled by you
Eastern Mix Company Limited	2101 Beneficial owner
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you

TK Group (Holdings) (HKSE:02283) Headlines

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