Newborn Town (HKSE:09911) Cash And Cash Equivalents : HK$1,516 Mil (As of Dec. 2023)

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What is Newborn Town Cash And Cash Equivalents?

Newborn Town's quarterly cash and cash equivalents increased from Dec. 2022 (HK$666.38 Mil) to Jun. 2023 (HK$847.56 Mil) and increased from Jun. 2023 (HK$847.56 Mil) to Dec. 2023 (HK$1,516.38 Mil).

Newborn Town's annual cash and cash equivalents declined from Dec. 2021 (HK$887.23 Mil) to Dec. 2022 (HK$666.38 Mil) but then increased from Dec. 2022 (HK$666.38 Mil) to Dec. 2023 (HK$1,516.38 Mil).

Newborn Town Cash And Cash Equivalents Historical Data

The historical data trend for Newborn Town'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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Newborn Town Cash And Cash Equivalents Chart

Newborn Town Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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203.48

510.94

887.23

666.38

1,516.38

Newborn Town 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									887.23	865.03	666.38	847.56	1,516.38

Newborn Town 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.

Newborn Town (HKSE:09911) 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.

Newborn Town Cash And Cash Equivalents Related Terms

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Newborn Town (HKSE:09911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN

Website

https://www.newborntown.com

Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.

Executives

Li Ping
Liu Chunhe	2201 Interest of corporation controlled by you
Parallel World Limited
Spriver Tech Limited	2101 Beneficial owner
Bgfg Limited
Du Li	2201 Interest of corporation controlled by you
Phoenix Auspicious Fintech Investment L.p.
Phoenix Wealth (cayman) Asset Management Limited
Phoenix Wealth (hong Kong) Asset Management Limited

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