Autostreets Development (HKSE:02443) Cash And Cash Equivalents : HK$1,117.4 Mil (As of Dec. 2024)

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What is Autostreets Development Cash And Cash Equivalents?

Autostreets Development's quarterly cash and cash equivalents increased from Dec. 2023 (HK$1,023.17 Mil) to Jun. 2024 (HK$1,033.11 Mil) and increased from Jun. 2024 (HK$1,033.11 Mil) to Dec. 2024 (HK$1,117.43 Mil).

Autostreets Development's annual cash and cash equivalents increased from Dec. 2022 (HK$434.74 Mil) to Dec. 2023 (HK$1,023.17 Mil) and increased from Dec. 2023 (HK$1,023.17 Mil) to Dec. 2024 (HK$1,117.43 Mil).

Autostreets Development Cash And Cash Equivalents Historical Data

The historical data trend for Autostreets Development'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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Autostreets Development Cash And Cash Equivalents Chart

Autostreets Development Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

431.51

434.74

1,023.17

1,117.43

Autostreets Development Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial			434.74	-	1,023.17	1,033.11	1,117.43

Autostreets Development 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.

Autostreets Development (HKSE:02443) 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.

Autostreets Development Cash And Cash Equivalents Related Terms

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Autostreets Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autostreets Development Ltd (HKSE:02443) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhenbei Road, No. 2251, 6th Floor, Kailong Center, Putuo District, Shanghai, CHN

Website

https://www.autostreets.com

Autostreets Development Ltd is engaged in used vehicle transaction service provider. The company connects used vehicle buyers and sellers through its transaction platform in two auction formats, namely online-offline integrated auction and online auction. The company generates all of its revenues from PRC China.

Executives

Guang Hui Qi Che Fu Wu Ji Tuan Gu Fen Gong Si Guang Hui Qi Che Fu Wu Gu Fen Gong Si	2201 Interest of corporation controlled by you
World Key Investment Trading Limited	2101 Beneficial owner
Yang Hansong	2201 Interest of corporation controlled by you
Yang Aihua	2307 Founder of a discretionary trust who can infl
Extensive Prosperous Investments Limited	2101 Beneficial owner
Extensive Success Holding Limited	2201 Interest of corporation controlled by you
Orient Rich Investment Development Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Han Zhuoheng	2201 Interest of corporation controlled by you
Zhuoheng Holding Limited	2101 Beneficial owner
China Grand Automotive Services Group Co., Ltd.	2201 Interest of corporation controlled by you
Cox Automotive, Inc.	2201 Interest of corporation controlled by you
Cox Enterprises, Inc.	2201 Interest of corporation controlled by you
Manheim Investments, Inc.	2101 Beneficial owner

Autostreets Development Headlines

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