Wong's International Holdings (HKSE:00099) Cash, Cash Equivalents, Marketable Securities : HK$1,119 Mil (As of Jun. 2024)

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What is Wong's International Holdings Cash, Cash Equivalents, Marketable Securities?

Wong's International Holdings's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (HK$1,124.44 Mil) to Dec. 2023 (HK$1,226.94 Mil) but then stayed the same from Dec. 2023 (HK$1,226.94 Mil) to Jun. 2024 (HK$1,118.98 Mil).

Wong's International Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$1,278.63 Mil) to Dec. 2022 (HK$1,091.35 Mil) but then increased from Dec. 2022 (HK$1,091.35 Mil) to Dec. 2023 (HK$1,226.94 Mil).

Wong's International Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Wong's International Holdings's Cash, Cash Equivalents, Marketable Securities 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.

Wong's International Holdings Cash, Cash Equivalents, Marketable Securities Chart

Wong's International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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1,185.33

1,419.15

1,278.63

1,091.35

1,226.94

Wong's International Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,241.19	1,091.35	1,124.44	1,226.94	1,118.98

Wong's International Holdings 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.

Wong's International Holdings (HKSE:00099) 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.

Wong's International Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Wong's International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wong's International Holdings Ltd (HKSE:00099) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

No. 108 Wai Yip Street, 17th Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.wih.com.hk

Wong's International Holdings Ltd is a holding company. The group is mainly engaged in the development, manufacture, marketing, and distribution of electronic products and property investment. The company is organized into two operating divisions, namely Electronic Manufacturing Service (EMS), which manufactures and distributes electronic products for EMS customers; and the Property Holding segment is involved in the development, sale, and lease of properties. The majority of its revenue is derived from the EMS segment. Its primary geographic markets are North America, Asia (excluding Hong Kong), Europe, and Hong Kong.

Executives

Cantrust (far East) Limited	2301 Trustee
New Chung Yan Limited	2201 Interest of corporation controlled by you
Wong Chung Yan Claudia	2307 Founder of a discretionary trust who can infl
Kong King International Limited
Wlj Holding Limited	2201 Interest of corporation controlled by you
Wong Chung Ah Johnny	2307 Founder of a discretionary trust who can infl
Luk Kit Ching	2202 Interest of your spouse
Hsbc International Trustee Limited	2301 Trustee
Salop Hong Kong Limited	2101 Beneficial owner
Wong Chung Mat	2201 Interest of corporation controlled by you
Wong Chung Yin	2101 Beneficial owner
Woo Sin Ming
Sycamore Assets Limited	2101 Beneficial owner
Everitt Chung Chui	2307 Founder of a discretionary trust who can infl

Wong's International Holdings Headlines

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