Easou Technology Holdings (HKSE:02550) Cash And Cash Equivalents : HK$170.0 Mil (As of Dec. 2024)

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What is Easou Technology Holdings Cash And Cash Equivalents?

Easou Technology Holdings's quarterly cash and cash equivalents increased from Dec. 2023 (HK$97.44 Mil) to Jun. 2024 (HK$153.15 Mil) and increased from Jun. 2024 (HK$153.15 Mil) to Dec. 2024 (HK$170.02 Mil).

Easou Technology Holdings's annual cash and cash equivalents declined from Dec. 2022 (HK$172.78 Mil) to Dec. 2023 (HK$97.44 Mil) but then increased from Dec. 2023 (HK$97.44 Mil) to Dec. 2024 (HK$170.02 Mil).

Easou Technology Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Easou Technology 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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Easou Technology Holdings Cash And Cash Equivalents Chart

Easou Technology Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

266.35

172.78

97.44

170.02

Easou Technology Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial			172.78	-	97.44	153.15	170.02

Easou Technology 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.

Easou Technology Holdings (HKSE:02550) 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.

Easou Technology Holdings Cash And Cash Equivalents Related Terms

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Easou Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Easou Technology Holdings Ltd (HKSE:02550) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keyuan Road, Room 403, Building 5C, Software Industry Base, Nanshan District, Shenzhen, CHN

Website

http://www.easou.cn

Easou Technology Holdings Ltd, along with its subsidiaries, is engaged in the following business segments: online literature recommendation services, digital marketing services, online games publishing services, and other digital content services. The group derives maximum revenue from its digital marketing services business, which collects, analyzes, and predicts users' appetite for advertising content and matches the needs of its advertising customers for advertisement placements with suitable third-party advertising channels. Geographically, the group derives a majority of its revenue from its customers in Mainland China.

Executives

Wang Xi	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Su Zhou Kun Yu Jin Duo Xin Xing Chan Ye Tou Zi Qi Ye You Xian He Huo	2101 Beneficial owner
Su Zhou Kun Yu Jin Duo Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Xu Yong Yi Qi Jin Duo Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Sbcvc Fund Iii Pte. Ltd.	2201 Interest of corporation controlled by you
Star Pioneer Investment Holdings Limited	2201 Interest of corporation controlled by you
Song Lin Ye	2201 Interest of corporation controlled by you
Sbcvc Management Iii, L.p.	2201 Interest of corporation controlled by you
Sbcvc Limited	2201 Interest of corporation controlled by you
Sbcvc Fund Iii, L.p.	2201 Interest of corporation controlled by you
Shen Zhen Shi Yi Jiu Jiu Shang Wu Zi Xun He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Easou Union Ltd	2101 Beneficial owner
Zhou Yuan	2202 Interest of your spouse
Growth Value Ltd.	2101 Beneficial owner

Easou Technology Holdings Headlines

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