Powerlong Commercial Management Holdings (HKSE:09909) Cash And Cash Equivalents : HK$4,246 Mil (As of Dec. 2023)

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What is Powerlong Commercial Management Holdings Cash And Cash Equivalents?

Powerlong Commercial Management Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (HK$3,855.66 Mil) to Jun. 2023 (HK$3,859.39 Mil) and increased from Jun. 2023 (HK$3,859.39 Mil) to Dec. 2023 (HK$4,245.92 Mil).

Powerlong Commercial Management Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$4,887.59 Mil) to Dec. 2022 (HK$3,855.66 Mil) but then increased from Dec. 2022 (HK$3,855.66 Mil) to Dec. 2023 (HK$4,245.92 Mil).

Powerlong Commercial Management Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Powerlong Commercial Management 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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Powerlong Commercial Management Holdings Cash And Cash Equivalents Chart

Powerlong Commercial Management Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,911.08

4,089.29

4,887.59

3,855.66

4,245.92

Powerlong Commercial Management Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial									4,887.59	4,249.71	3,855.66	3,859.39	4,245.92

Powerlong Commercial Management 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.

Powerlong Commercial Management Holdings (HKSE:09909) 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.

Powerlong Commercial Management Holdings Cash And Cash Equivalents Related Terms

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Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Commercial Management Holdings Ltd (HKSE:09909) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101

Website

http://www.powerlongcm.com

Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.

Executives

Hoi Wa Fong	2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia	2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

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