V & V Technology Holdings (HKSE:08113) Cash And Cash Equivalents : HK$21 Mil (As of Jun. 2024)

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What is V & V Technology Holdings Cash And Cash Equivalents?

V & V Technology Holdings's quarterly cash and cash equivalents increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$47.19 Mil) but then stayed the same from Dec. 2023 (HK$47.19 Mil) to Jun. 2024 (HK$21.42 Mil).

V & V Technology Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$98.86 Mil) to Dec. 2022 (HK$91.90 Mil) and declined from Dec. 2022 (HK$91.90 Mil) to Dec. 2023 (HK$47.19 Mil).

V & V Technology Holdings Cash And Cash Equivalents Historical Data

The historical data trend for V & V 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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V & V Technology Holdings Cash And Cash Equivalents Chart

V & V Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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114.49

125.96

98.86

91.90

47.19

V & V Technology Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	95.88	-	47.19	21.42

V & V 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.

V & V Technology Holdings (HKSE:08113) 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.

V & V Technology Holdings Cash And Cash Equivalents Related Terms

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V & V Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V & V Technology Holdings Ltd (HKSE:08113) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

37 Ma Tau Wai Road, Room 614, 6th Floor, Tower B, Hunghom Commercial Centre, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.hi-levelhk.com

Hi-Level Technology Holdings Ltd is engaged in the sale of electronic components like integrated circuit (IC) and panels for consumer electronics products such as mobile internet devices, electronic learning aids, smartphone panel modules, tablets, set-top boxes, video image devices, and multi-media players. The company has one business segment that is Sale of electronics products. Geographically the group has a business presence in the PRC, Hong Kong, Taiwan, Korea and others, of which key revenue is derived from the PRC.

Executives

Wei Wei	2101 Beneficial owner
Chang Wei Hua	2101 Beneficial owner
S.a.s. Dragon Holdings Limited	2501 Other
S.a.s. Investment Company Limited	2101 Beneficial owner
Unimicro Limited	2501 Other
Vertex Value Limited	2101 Beneficial owner
Victory Echo Holdings Limited	2101 Beneficial owner
Yim Yuk Lun, Stanley	2201 Interest of corporation controlled by you

V & V Technology Holdings Headlines

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