Zhongliang Holdings Group Co (HKSE:02772) Cash And Cash Equivalents : HK$11,662 Mil (As of Dec. 2023)

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What is Zhongliang Holdings Group Co Cash And Cash Equivalents?

Zhongliang Holdings Group Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$18,521.82 Mil) to Jun. 2023 (HK$15,747.10 Mil) but then stayed the same from Jun. 2023 (HK$15,747.10 Mil) to Dec. 2023 (HK$11,662.42 Mil).

Zhongliang Holdings Group Co's annual cash and cash equivalents declined from Dec. 2021 (HK$24,833.44 Mil) to Dec. 2022 (HK$18,521.82 Mil) and declined from Dec. 2022 (HK$18,521.82 Mil) to Dec. 2023 (HK$11,662.42 Mil).

Zhongliang Holdings Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Zhongliang Holdings Group Co'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.

Zhongliang Holdings Group Co Cash And Cash Equivalents Chart

Zhongliang Holdings Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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16,642.03

30,714.85

24,833.44

18,521.82

11,662.42

Zhongliang Holdings Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial									24,833.44	25,516.37	18,521.82	15,747.10	11,662.42

Zhongliang Holdings Group Co 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.

Zhongliang Holdings Group Co (HKSE:02772) 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.

Zhongliang Holdings Group Co Cash And Cash Equivalents Related Terms

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Zhongliang Holdings Group Co (HKSE:02772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongliang Holdings Group Co Ltd (HKSE:02772) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN

Website

https://www.zldcgroup.com

Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.

Executives

Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag	2201 Interest of corporation controlled by you
Xu Xiaoqun	2202 Interest of your spouse
Changxing Pte. Ltd.	2301 Trustee
Liangzhong international co., ltd.	2101 Beneficial owner

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