Neo Telemedia (HKSE:08167) Cash And Cash Equivalents : HK$0.0 Mil (As of Sep. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Neo Telemedia Cash And Cash Equivalents?

Neo Telemedia's quarterly cash and cash equivalents increased from Mar. 2023 (HK$0.00 Mil) to Jun. 2023 (HK$14.10 Mil) but then stayed the same from Jun. 2023 (HK$14.10 Mil) to Sep. 2023 (HK$0.00 Mil).

Neo Telemedia's annual cash and cash equivalents declined from Dec. 2020 (HK$31.14 Mil) to Dec. 2021 (HK$20.20 Mil) and declined from Dec. 2021 (HK$20.20 Mil) to Dec. 2022 (HK$17.61 Mil).

Neo Telemedia Cash And Cash Equivalents Historical Data

The historical data trend for Neo Telemedia'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.

Neo Telemedia Cash And Cash Equivalents Chart

Neo Telemedia Annual Data

Trend

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

36.75

17.93

31.14

20.20

17.61

Neo Telemedia Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	17.61	-	14.10	-

Neo Telemedia 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.

Neo Telemedia (HKSE:08167) 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.

Neo Telemedia Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Neo Telemedia's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Neo Telemedia (HKSE:08167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Neo Telemedia Ltd (HKSE:08167) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Mody Road, Room 901B, 9th Floor, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.neo-telemedia.com

Neo Telemedia Ltd and its subsidiaries invest and operate internet data centers and provide cloud computing services to businesses and governmental agencies in the People's Republic of China. The group is organized into two operating segments: the Provision of data center services, and Others. The majority of revenue stems from the data center services segment.

Executives

Lie Haiquan	2101 Beneficial owner
Yan Wai Ping	2101 Beneficial owner

Neo Telemedia (HKSE:08167) Headlines

No Headlines