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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
China Tobacco International (HK) Co's quarterly cash, cash equivalents, marketable securities
declined
from Jun. 2025 ($506.38 Mil) to Dec. 2025 ($425.61 Mil) but then
increased
from Dec. 2025 ($425.61 Mil) to Jun. 2026 ($486.93 Mil).
China Tobacco International (HK) Co's annual cash, cash equivalents, marketable securities
increased
from Dec. 2023 ($298.64 Mil) to Dec. 2024 ($367.87 Mil) and
increased
from Dec. 2024 ($367.87 Mil) to Dec. 2025 ($425.61 Mil).
China Tobacco International (HK) Co (OTCPK:CTOBF) Cash, Cash Equivalents, Marketable Securities Explanation
Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.
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.
China Tobacco International (HK) Co Cash, Cash Equivalents, Marketable Securities Related Terms
China Tobacco International (HK) Co Cash, Cash Equivalents, Marketable Securities Historical Data
* 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.
China Tobacco International (HK) Co Cash, Cash Equivalents, Marketable Securities Chart
China Tobacco International (HK) Co Cash, Cash Equivalents, Marketable Securities 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.
Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.
What does a Cash, Cash Equivalents, Marketable Securities of $487 Mil mean?
China Tobacco International (HK) Co (CTOBF) has a Cash, Cash Equivalents, Marketable Securities of $487 Mil as of Jun. 2026. The total cash, cash equivalents and marketable securities a company has on hand. View historical data on China Tobacco International (HK) Co and its competitors.
Is China Tobacco International (HK) Co's Cash, Cash Equivalents, Marketable Securities too high?
China Tobacco International (HK) Co's current Cash, Cash Equivalents, Marketable Securities is $487 Mil. Overall, China Tobacco International (HK) Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does China Tobacco International (HK) Co's Cash, Cash Equivalents, Marketable Securities compare to PM and MO?
China Tobacco International (HK) Co's Cash, Cash Equivalents, Marketable Securities of $487 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash, Cash Equivalents, Marketable Securities for a Tobacco Products company?
A good Cash, Cash Equivalents, Marketable Securities depends on the Tobacco Products industry context. However, Cash, Cash Equivalents, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash, Cash Equivalents, Marketable Securities mean?
A high Cash, Cash Equivalents, Marketable Securities can signal that a stock is expensive relative to its fundamentals. The total cash, cash equivalents and marketable securities a company has on hand. View historical data on China Tobacco International (HK) Co and its competitors. China Tobacco International (HK) Co's current Cash, Cash Equivalents, Marketable Securities is $487 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tobacco International (HK) Co stock overvalued right now?
China Tobacco International (HK) Co (CTOBF) has a current Cash, Cash Equivalents, Marketable Securities of $487 Mil. The stock's GF Value™ is $1.93, compared to a current price of $2.05 — trading 6.2% above its estimated fair value. The current Cash, Cash Equivalents, Marketable Securities is $487 Mil. China Tobacco International (HK) Co's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash, Cash Equivalents, Marketable Securities calculated?
Cash, Cash Equivalents, Marketable Securities is calculated from a company's financial statements. For China Tobacco International (HK) Co (CTOBF), the current Cash, Cash Equivalents, Marketable Securities is $487 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Tobacco International (HK) Co (CTOBF) Overvalued in 2026?
Based on GuruFocus' analysis, China Tobacco International (HK) Co stock appears to be overvalued.
The current stock price of $2.05 is trading 6.2% above its estimated GF Value™ of $1.93.
Key valuation signals for CTOBF:
Cash, Cash Equivalents, Marketable Securities: $487 Mil
GF Value™: $1.93 vs. price of $2.05 (6.2% above fair value)
No single metric tells the full story. See the CTOBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through various segments namely the Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, the New Tobacco Product Export Business, and the Brazil Operation Business. The company's geographical segments are China (excluding the SARs), Indonesia, Korea, Hong Kong, Philippines, Vietnam, Brazil, Belgium, Poland, Paraguay, Egypt, and others, of which it derives maximum revenue from the PRC. It earns maximum revenue from the Tobacco Leaf Product Import Business.
88GF Score
Get the complete analysis for CTOBF
Cash, Cash Equivalents, Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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