Zhenro Properties Group (HKSE:06158) Cash And Cash Equivalents : HK$1,298 Mil (As of Dec. 2024)

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What is Zhenro Properties Group Cash And Cash Equivalents?

Zhenro Properties Group's quarterly cash and cash equivalents declined from Dec. 2023 (HK$1,877.98 Mil) to Jun. 2024 (HK$1,330.44 Mil) but then stayed the same from Jun. 2024 (HK$1,330.44 Mil) to Dec. 2024 (HK$1,297.54 Mil).

Zhenro Properties Group's annual cash and cash equivalents declined from Dec. 2022 (HK$3,651.78 Mil) to Dec. 2023 (HK$1,877.98 Mil) and declined from Dec. 2023 (HK$1,877.98 Mil) to Dec. 2024 (HK$1,297.54 Mil).

Zhenro Properties Group Cash And Cash Equivalents Historical Data

The historical data trend for Zhenro Properties 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.

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Zhenro Properties Group Cash And Cash Equivalents Chart

Zhenro Properties Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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42,056.71

47,901.76

3,651.78

1,877.98

1,297.54

Zhenro Properties Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,651.78	97.55	1,877.98	1,330.44	1,297.54

Zhenro Properties 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.

Zhenro Properties Group (HKSE:06158) 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.

Zhenro Properties Group Cash And Cash Equivalents Related Terms

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Zhenro Properties Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhenro Properties Group Ltd (HKSE:06158) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

666 Shenhong Road, 3rd Floor, Building 7, Hongqiao Zhenro Center, Minhang District, Shanghai, CHN

Website

http://www.zhenrodc.com

Zhenro Properties Group Ltd is a China-based holding company principally engaged in real estate development and property leasing. The Company focuses on the development of residential properties, as well as the development, operation, and management of commercial and mixed-use properties. The Company's businesses include property sales, property leasing, management consulting services, property management services, and sales of goods.

Executives

Fok Hei Yu (in The Capacity As The Receiver)	2501 Other
Chow Wai Shing Daniel (in The Capacity As The Receiver)	2501 Other
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Lin Shuying	2202 Interest of your spouse
Ou Zongrong	2201 Interest of corporation controlled by you
Royue Limited	2101 Beneficial owner
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

Zhenro Properties Group Headlines

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