North Asia Strategic Holdings (HKSE:08080) Cash And Cash Equivalents : HK$254.4 Mil (As of Sep. 2024)

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What is North Asia Strategic Holdings Cash And Cash Equivalents?

North Asia Strategic Holdings's quarterly cash and cash equivalents declined from Sep. 2023 (HK$463.29 Mil) to Mar. 2024 (HK$347.59 Mil) but then stayed the same from Mar. 2024 (HK$347.59 Mil) to Sep. 2024 (HK$254.37 Mil).

North Asia Strategic Holdings's annual cash and cash equivalents declined from Mar. 2022 (HK$486.77 Mil) to Mar. 2023 (HK$429.64 Mil) and declined from Mar. 2023 (HK$429.64 Mil) to Mar. 2024 (HK$347.59 Mil).

North Asia Strategic Holdings Cash And Cash Equivalents Historical Data

The historical data trend for North Asia Strategic 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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North Asia Strategic Holdings Cash And Cash Equivalents Chart

North Asia Strategic Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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706.09

923.82

486.77

429.64

347.59

North Asia Strategic Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															429.64	-	463.29	347.59	254.37

North Asia Strategic 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.

North Asia Strategic Holdings (HKSE:08080) 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.

North Asia Strategic Holdings Cash And Cash Equivalents Related Terms

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North Asia Strategic Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » North Asia Strategic Holdings Ltd (HKSE:08080) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Connaught Place, Suite 1618, 16th Floor, Jardine House, Hong Kong, HKG

Website

https://www.nasholdings.com

North Asia Strategic Holdings Ltd is an investment holding company. Through its subsidiaries, the company is engaged in the business segments of Hi-tech distribution and services operation, Lease operation and electronic payment solution. It derives maximum revenue from the Hi-tech distribution and services operation segment, which includes trading of surface mount technology (SMT) assembly equipment, machinery and spare parts and provision of related installation, training, repair and maintenance services for SMT assembly equipment. The Leasing operations involve the provision of finance to its customers via a wide array of assets under finance lease arrangements. The group's activities are principally carried out in Hong Kong, China and the rest of Asia.

Executives

Lu Ying
Sky Virtue Holdings Limited	2101 Beneficial owner
Zhang Yifan	2201 Interest of corporation controlled by you
Sincere Ardent Limited
Sun Ciying	2101 Beneficial owner

North Asia Strategic Holdings Headlines

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