Luen Thai Holdings (HKSE:00311) Cash, Cash Equivalents, Marketable Securities : HK$427 Mil (As of Dec. 2024)

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What is Luen Thai Holdings Cash, Cash Equivalents, Marketable Securities?

Luen Thai Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2023 (HK$591.83 Mil) to Jun. 2024 (HK$634.27 Mil) but then stayed the same from Jun. 2024 (HK$634.27 Mil) to Dec. 2024 (HK$426.53 Mil).

Luen Thai Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$731.45 Mil) to Dec. 2023 (HK$591.83 Mil) and declined from Dec. 2023 (HK$591.83 Mil) to Dec. 2024 (HK$426.53 Mil).

Luen Thai Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Luen Thai 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.

Luen Thai Holdings Cash, Cash Equivalents, Marketable Securities Chart

Luen Thai Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

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513.16

773.26

731.45

591.83

426.53

Luen Thai Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															731.45	593.99	591.83	634.27	426.53

Luen Thai 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.

Luen Thai Holdings (HKSE:00311) 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.

Luen Thai Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Luen Thai Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luen Thai Holdings Ltd (HKSE:00311) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

LTJ:Germany

Address

57 Hung To Road, Rooms 1001-1005, 10th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www2.luenthai.com

Luen Thai Holdings Ltd is engaged in the manufacturing and trading of apparel and accessories. The company has a diverse product range that includes Fashion and Sleepwear, Sports Active Wear, Sweaters and Outerwear, Casual Knits and Woven Wear, and Accessories. It derives revenue mainly from sales of apparel and accessories. Its revenue is mainly derived from customers located in the United States, the PRC, Europe, Canada, South America, and Japan, while the company's business activities are conducted predominantly in Hong Kong, Macao, the PRC, the Philippines, Cambodia, the United States, and Myanmar. The company has two operating segments, Apparel and Accessories. The company generates the majority of its revenue from the Apparel segment.

Executives

Tan Chiu Joise	2202 Interest of your spouse
Tan Henry	2201 Interest of corporation controlled by you
Dong Fang Guo Ji Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shang Hai Guo Sheng Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shang Hai Fang Zhi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Double Joy Investments Limited	2101 Beneficial owner

Luen Thai Holdings Headlines

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