Hiyes International Co (TPE:2348) Cash And Cash Equivalents : NT$5,051 Mil (As of Mar. 2024)

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What is Hiyes International Co Cash And Cash Equivalents?

Hiyes International Co's quarterly cash and cash equivalents increased from Sep. 2023 (NT$3,746.55 Mil) to Dec. 2023 (NT$5,379.49 Mil) but then stayed the same from Dec. 2023 (NT$5,379.49 Mil) to Mar. 2024 (NT$5,051.08 Mil).

Hiyes International Co's annual cash and cash equivalents increased from Dec. 2021 (NT$2,839.27 Mil) to Dec. 2022 (NT$3,774.41 Mil) and increased from Dec. 2022 (NT$3,774.41 Mil) to Dec. 2023 (NT$5,379.49 Mil).

Hiyes International Co Cash And Cash Equivalents Historical Data

The historical data trend for Hiyes International 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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Hiyes International Co Cash And Cash Equivalents Chart

Hiyes International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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867.43

2,020.42

2,839.27

3,774.41

5,379.49

Hiyes International Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,057.02	3,602.43	3,746.55	5,379.49	5,051.08

Hiyes International 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.

Hiyes International Co (TPE:2348) 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.

Hiyes International Co Cash And Cash Equivalents Related Terms

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Hiyes International Co (TPE:2348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hiyes International Co Ltd (TPE:2348) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN

Website

https://www.hiyes-group.com.tw

Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.

Hiyes International Co (TPE:2348) Headlines

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