China Silver Technology Holdings (HKSE:00515) Cash, Cash Equivalents, Marketable Securities : HK$9.0 Mil (As of Dec. 2023)

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What is China Silver Technology Holdings Cash, Cash Equivalents, Marketable Securities?

China Silver Technology Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$28.46 Mil) to Jun. 2023 (HK$34.15 Mil) but then stayed the same from Jun. 2023 (HK$34.15 Mil) to Dec. 2023 (HK$8.99 Mil).

China Silver Technology Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$19.90 Mil) to Dec. 2022 (HK$28.46 Mil) but then declined from Dec. 2022 (HK$28.46 Mil) to Dec. 2023 (HK$8.99 Mil).

China Silver Technology Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for China Silver Technology 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.

China Silver Technology Holdings Cash, Cash Equivalents, Marketable Securities Chart

China Silver Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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22.43

25.11

19.90

28.46

8.99

China Silver Technology Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															19.90	28.49	28.46	34.15	8.99

China Silver Technology 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.

China Silver Technology Holdings (HKSE:00515) 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 Silver Technology Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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China Silver Technology Holdings (HKSE:00515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Silver Technology Holdings Ltd (HKSE:00515) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

1 Wang Kwong Road, Unit E, 30th Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.csthltd.com

China Silver Technology Holdings Ltd is an investment holding company engaged in the manufacture and trading of light-emitting diode (LED) lighting, and single-sided, double-sided, and multi-layered printed circuit boards (PCB). The company has three business segments; Manufacturing and trading of Single-sided PCB (Single-sided PCB), Manufacturing and trading of Double-sided PCB (Double-sided PCB), and Manufacturing and trading of Multi-layered PCB (Multi-layered PCB). Geographically, it operates in Hong Kong, The PRC, Asia (excluding Hong Kong and the PRC), Europe, and Others, It derives a majority of its revenue from the PRC.

Executives

Li Jianli	2101 Beneficial owner
Yu Yuliang	2101 Beneficial owner
Chen Hui	2101 Beneficial owner
Zeng Siyuan	2101 Beneficial owner
Li Sidi
Union Insurance Limited
Intelligent South Network Group Limited
Wang Shuang

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