AV Promotions Holdings (HKSE:08419) Cash And Cash Equivalents : HK$12.46 Mil (As of Dec. 2024)

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What is AV Promotions Holdings Cash And Cash Equivalents?

AV Promotions Holdings's quarterly cash and cash equivalents increased from Dec. 2023 (HK$7.34 Mil) to Jun. 2024 (HK$14.39 Mil) but then stayed the same from Jun. 2024 (HK$14.39 Mil) to Dec. 2024 (HK$12.46 Mil).

AV Promotions Holdings's annual cash and cash equivalents declined from Dec. 2022 (HK$12.85 Mil) to Dec. 2023 (HK$7.34 Mil) but then increased from Dec. 2023 (HK$7.34 Mil) to Dec. 2024 (HK$12.46 Mil).

AV Promotions Holdings Cash And Cash Equivalents Historical Data

The historical data trend for AV Promotions 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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AV Promotions Holdings Cash And Cash Equivalents Chart

AV Promotions Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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17.24

19.41

12.85

7.34

12.46

AV Promotions 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															11.95	-	7.34	14.39	12.46

AV Promotions 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.

AV Promotions Holdings (HKSE:08419) 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.

AV Promotions Holdings Cash And Cash Equivalents Related Terms

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AV Promotions Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AV Promotions Holdings Ltd (HKSE:08419) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Lee Lok Street, Units 1-15 & 25-27, Oceanic Industrial Centre, 19th Floor, Ap Lei Chau, Hong Kong, HKG

Website

https://www.avpromotions.com

AV Promotions Holdings Ltd is a lighting and audio solutions provider. The group provides visual, lighting, and audio solutions services to its customers at various events, including exhibitions, ceremonies, conferences, TV shows, product launches, concerts, and other types of events The company operates in the PRC, Hong Kong, and Macau, of which key revenue is derived from Hong Kong. The company generates the majority of its revenue from services to Exhibitions.

Executives

Kong Suet Yau	2202 Interest of your spouse
Wong Man Por	2201 Interest of corporation controlled by you
Jumbo Fame Company Limited	2201 Interest of corporation controlled by you
Mega King Elite Investment Limited	2101 Beneficial owner
Trident Trust Company (hk) Limited	2301 Trustee

AV Promotions Holdings Headlines

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