Future Data Group (HKSE:08229) Cash And Cash Equivalents : HK$71.5 Mil (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Future Data Group Cash And Cash Equivalents?

Future Data Group's quarterly cash and cash equivalents increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$122.71 Mil) but then stayed the same from Dec. 2023 (HK$122.71 Mil) to Jun. 2024 (HK$71.52 Mil).

Future Data Group's annual cash and cash equivalents declined from Dec. 2021 (HK$123.09 Mil) to Dec. 2022 (HK$122.56 Mil) but then increased from Dec. 2022 (HK$122.56 Mil) to Dec. 2023 (HK$122.71 Mil).

Future Data Group Cash And Cash Equivalents Historical Data

The historical data trend for Future Data 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.

* Premium members only.

Future Data Group Cash And Cash Equivalents Chart

Future Data Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

116.08

96.19

123.09

122.56

122.71

Future Data Group 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															-	81.00	-	122.71	71.52

Future Data 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.

Future Data Group (HKSE:08229) 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.

Future Data Group Cash And Cash Equivalents Related Terms

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

Future Data Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Future Data Group Ltd (HKSE:08229) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Harbour Road, Room 1703, 17th floor Office Tower, Wan Chai, Hong Kong, HKG

Website

https://www.futuredatagroup.com

Future Data Group Ltd is engaged in the provision of integration of systems with network connectivity, cloud computing and security elements, maintenance services, and cyber security services in Korea and Hong Kong. It operates in three segments System integration, Maintenance services, and Cyber security services with the majority of revenue being derived from the System integration segment. It operates in Hong Kong and Korea with the majority of its revenue coming from Korea.

Executives

Tao Guolin	2101 Beneficial owner
Tao Hongxia	2201 Interest of corporation controlled by you
Variant Wealth Investment Development Limited	2101 Beneficial owner
Gorgeous Real Investment Holding Limited	2101 Beneficial owner
Han Lerong	2202 Interest of your spouse
Tao Hongxia	2201 Interest of corporation controlled by you
Han Lerong	2202 Interest of your spouse
Tang Marilyn	2202 Interest of your spouse
Tao Jian	2101 Beneficial owner
Asia Media Systems Pte. Ltd.	2201 Interest of corporation controlled by you
Suh Seung Hyun	2201 Interest of corporation controlled by you
Suh Kim Seong Ock	2202 Interest of your spouse
Shin Hee Kum	2202 Interest of your spouse
Phung Nhuong Giang	2201 Interest of corporation controlled by you
Park Hyeoung Jin	2201 Interest of corporation controlled by you

Future Data Group Headlines

No Headlines