Zhongshi Minan Holdings (HKSE:08283) Cash And Cash Equivalents : HK$30.80 Mil (As of Dec. 2024)

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What is Zhongshi Minan Holdings Cash And Cash Equivalents?

Zhongshi Minan Holdings's quarterly cash and cash equivalents declined from Dec. 2023 (HK$17.18 Mil) to Jun. 2024 (HK$14.51 Mil) but then increased from Jun. 2024 (HK$14.51 Mil) to Dec. 2024 (HK$30.80 Mil).

Zhongshi Minan Holdings's annual cash and cash equivalents declined from Dec. 2022 (HK$17.21 Mil) to Dec. 2023 (HK$17.18 Mil) but then increased from Dec. 2023 (HK$17.18 Mil) to Dec. 2024 (HK$30.80 Mil).

Zhongshi Minan Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Zhongshi Minan 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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Zhongshi Minan Holdings Cash And Cash Equivalents Chart

Zhongshi Minan Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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10.29

23.63

17.21

17.18

30.80

Zhongshi Minan Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															19.88	-	17.18	14.51	30.80

Zhongshi Minan 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.

Zhongshi Minan Holdings (HKSE:08283) 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.

Zhongshi Minan Holdings Cash And Cash Equivalents Related Terms

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Zhongshi Minan Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhongshi Minan Holdings Ltd (HKSE:08283) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Sin Ming Drive, No. 06-02 Sin Ming Autocity, Singapore, SGP, 575722

Website

http://www.zhongshiminanholdings.com

Zhongshi Minan Holdings Ltd is an automotive service provider. The company's operating segments are Maintenance and repair service segment that relates to the repair of manufacturer's defects, replacement of parts due to wear and tear, or repair of damage resulting from accidents; Modification tuning and grooming services and trading of spare parts and accessories segment which relates to the modification, tuning, and grooming of the performance or appearance of passenger cars and the trading of spare parts and accessories; Food and kitchen consist development, manufacturing and sale of food and kitchen appliances and brand management; and others segment which consists of the provision of motor finance services. Geographically, it derives maximum revenue from Singapore.

Executives

Wang Lei	2101 Beneficial owner
Li Li Dan	2202 Interest of your spouse
Wang Lei	2101 Beneficial owner
Han Mei	2202 Interest of your spouse
Li Jie	2101 Beneficial owner

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