Logan Property Holdings Co (HKSE:03380) Cash And Cash Equivalents : HK$14,407 Mil (As of Dec. 2023)

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What is Logan Property Holdings Co Cash And Cash Equivalents?

Logan Property Holdings Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$15,747.58 Mil) to Jun. 2023 (HK$15,661.06 Mil) but then stayed the same from Jun. 2023 (HK$15,661.06 Mil) to Dec. 2023 (HK$14,406.76 Mil).

Logan Property Holdings Co's annual cash and cash equivalents declined from Dec. 2021 (HK$45,440.63 Mil) to Dec. 2022 (HK$15,747.58 Mil) and declined from Dec. 2022 (HK$15,747.58 Mil) to Dec. 2023 (HK$14,406.76 Mil).

Logan Property Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Logan Property Holdings 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.

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Logan Property Holdings Co Cash And Cash Equivalents Chart

Logan Property Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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44,203.55

48,650.04

45,440.63

15,747.58

14,406.76

Logan Property Holdings Co 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															45,440.63	16,823.70	15,747.58	15,661.06	14,406.76

Logan Property Holdings 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.

Logan Property Holdings Co (HKSE:03380) 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.

Logan Property Holdings Co Cash And Cash Equivalents Related Terms

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Logan Property Holdings Co (HKSE:03380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Logan Property Holdings Co Ltd (HKSE:03380) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

5LP:Germany

Address

Xinghua Road South, Room 2002, Tower B, Logan Century Center, Bao'An District, Shenzen, CHN

Website

http://www.loganestate.com

Logan Property Holdings is a general real estate investment company. The company operates multiple segments, including property development, Property operation, Development Management, and Urban redevelopment along with Property operation segment The vast majority of revenue is generated by its property development segment, followed by development management. The development business is focused on the development of residential properties and retail shops, while its management operations are focused on office properties and residential buildings. Logan generates all of its revenue in Mainland China.

Executives

Kei Perenna Hoi Ting	2201 Interest of corporation controlled by you
Junxi Investments Limited	2101 Beneficial owner
Kei Family United Limited	2201 Interest of corporation controlled by you
Credit Suisse Trust Limited	2301 Trustee
Dragon Jubilee Investments Limited	2101 Beneficial owner
Kei Hoi Pang	2501 Other

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