Xingye Wulian Service Group Co (HKSE:09916) Cash And Cash Equivalents : HK$239.1 Mil (As of Dec. 2024)

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What is Xingye Wulian Service Group Co Cash And Cash Equivalents?

Xingye Wulian Service Group Co's quarterly cash and cash equivalents increased from Dec. 2023 (HK$230.44 Mil) to Jun. 2024 (HK$234.01 Mil) and increased from Jun. 2024 (HK$234.01 Mil) to Dec. 2024 (HK$239.10 Mil).

Xingye Wulian Service Group Co's annual cash and cash equivalents declined from Dec. 2022 (HK$522.31 Mil) to Dec. 2023 (HK$230.44 Mil) but then increased from Dec. 2023 (HK$230.44 Mil) to Dec. 2024 (HK$239.10 Mil).

Xingye Wulian Service Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Xingye Wulian Service Group Co'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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Xingye Wulian Service Group Co Cash And Cash Equivalents Chart

Xingye Wulian Service Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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437.62

488.72

522.31

230.44

239.10

Xingye Wulian Service Group Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial										522.31	523.62	230.44	234.01	239.10

Xingye Wulian Service Group Co 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.

Xingye Wulian Service Group Co (HKSE:09916) 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.

Xingye Wulian Service Group Co Cash And Cash Equivalents Related Terms

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Xingye Wulian Service Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xingye Wulian Service Group Co Ltd (HKSE:09916) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Gangwan Road, Room 105, 1st Floor, Guancheng Hui District, Henan Province, Zhengzhou, CHN

Website

http://www.xingyewulian.com

Xingye Wulian Service Group Co Ltd is an investment holding company. Its segments are Property Management and Value-added Services which generate the majority of the revenue and is engaged in providing property management services including, security, cleaning, greening and gardening, parking space management, repair and maintenance for common areas and customer services; Property Engineering Services providing property engineering services including the planning, design and installation of security and surveillance systems, access control systems, carpark management systems and construction site management systems; Property development segment, and Others comprising of club house services, including catering and ancillary services and ancillary food supply services.

Executives

Vistra Trust (bvi) Limited	2301 Trustee
Zhang Huiqi	2201 Interest of corporation controlled by you
Su Da Huan Qiu You Xian Gong Si	2201 Interest of corporation controlled by you
Rong Po Fa Zhan You Xian Gong Si	2101 Beneficial owner
Rong Da Qi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Ying Yu You Xian Gong Si	2101 Beneficial owner

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