Kim Hin Industry Bhd (XKLS:5371) Cash And Cash Equivalents : RM43.5 Mil (As of Dec. 2024)

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What is Kim Hin Industry Bhd Cash And Cash Equivalents?

Kim Hin Industry Bhd's quarterly cash and cash equivalents increased from Jun. 2024 (RM42.51 Mil) to Sep. 2024 (RM42.86 Mil) and increased from Sep. 2024 (RM42.86 Mil) to Dec. 2024 (RM43.46 Mil).

Kim Hin Industry Bhd's annual cash and cash equivalents increased from Dec. 2022 (RM30.68 Mil) to Dec. 2023 (RM47.34 Mil) but then declined from Dec. 2023 (RM47.34 Mil) to Dec. 2024 (RM43.46 Mil).

Kim Hin Industry Bhd Cash And Cash Equivalents Historical Data

The historical data trend for Kim Hin Industry Bhd'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.

* Premium members only.

Kim Hin Industry Bhd Cash And Cash Equivalents Chart

Kim Hin Industry Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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70.30

52.79

30.68

47.34

43.46

Kim Hin Industry Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															47.34	37.49	42.51	42.86	43.46

Kim Hin Industry Bhd 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.

Kim Hin Industry Bhd (XKLS:5371) 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.

Kim Hin Industry Bhd Cash And Cash Equivalents Related Terms

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Kim Hin Industry Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kim Hin Industry Bhd (XKLS:5371) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 1/2 Mile, Kung Phin Road, Off Penrissen Road, Kuching, SWK, MYS, 93250

Website

https://www.kimhin.com.my

Kim Hin Industry Bhd is a Malaysia-based investment holding company, engaged in the provision of management services. The group is involved in the production and distribution of ceramic floors, homogeneous and monoprosa tiles, trading in building materials, property, and investment holding. The company manufactures and markets tiles under the brands Kimgres, Durogres, Vitrogres, and Habitat. It is organized into four operating segments according to geographical locations namely, Malaysia, China, Australia, and Vietnam segments of which the Malaysia segment contributed the majority of the part of its revenue. It has three manufacturing plants, of which, two are located in Malaysia (Kuching, Sarawak, and Senawang, Seremban) and the third is located in Shanghai, People's Republic of China.

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