ZO Future Group (HKSE:02309) Cash And Cash Equivalents : HK$80.0 Mil (As of Dec. 2023)

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What is ZO Future Group Cash And Cash Equivalents?

ZO Future Group's quarterly cash and cash equivalents declined from Dec. 2022 (HK$27.90 Mil) to Jun. 2023 (HK$14.75 Mil) but then increased from Jun. 2023 (HK$14.75 Mil) to Dec. 2023 (HK$79.95 Mil).

ZO Future Group's annual cash and cash equivalents declined from Jun. 2021 (HK$36.16 Mil) to Jun. 2022 (HK$28.09 Mil) and declined from Jun. 2022 (HK$28.09 Mil) to Jun. 2023 (HK$14.75 Mil).

ZO Future Group Cash And Cash Equivalents Historical Data

The historical data trend for ZO Future 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.

* Premium members only.

ZO Future Group Cash And Cash Equivalents Chart

ZO Future Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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75.73

31.17

36.16

28.09

14.75

ZO Future 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															22.32	28.09	27.90	14.75	79.95

ZO Future 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.

ZO Future Group (HKSE:02309) 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.

ZO Future Group Cash And Cash Equivalents Related Terms

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ZO Future Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZO Future Group (HKSE:02309) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.bshl.com.hk

ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; Investment in properties; and healthcare business. The company's activity primarily functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.

Executives

Trillion Trophy Asia Limited	2101 Beneficial owner
Wealthy Associates International Limited	2201 Interest of corporation controlled by you
Graticity Real Estate Development Co., Ltd	2201 Interest of corporation controlled by you
Vong Pech	2201 Interest of corporation controlled by you
Lei Sutong	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you
Yong Ju You Xian Gong Si	2101 Beneficial owner
Hong Long You Xian Gong Si	2101 Beneficial owner

ZO Future Group Headlines

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