Ming Yuan Cloud Group Holdings (HKSE:00909) Cash, Cash Equivalents, Marketable Securities : HK$4,665 Mil (As of Dec. 2023)

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What is Ming Yuan Cloud Group Holdings Cash, Cash Equivalents, Marketable Securities?

Ming Yuan Cloud Group Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$5,210.48 Mil) to Jun. 2023 (HK$4,686.38 Mil) but then stayed the same from Jun. 2023 (HK$4,686.38 Mil) to Dec. 2023 (HK$4,665.46 Mil).

Ming Yuan Cloud Group Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$7,105.03 Mil) to Dec. 2022 (HK$5,210.48 Mil) and declined from Dec. 2022 (HK$5,210.48 Mil) to Dec. 2023 (HK$4,665.46 Mil).

Ming Yuan Cloud Group Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ming Yuan Cloud Group 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.

Ming Yuan Cloud Group Holdings Cash, Cash Equivalents, Marketable Securities Chart

Ming Yuan Cloud Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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914.91

8,147.28

7,105.03

5,210.48

4,665.46

Ming Yuan Cloud Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial							7,105.03	5,681.03	5,210.48	4,686.38	4,665.46

Ming Yuan Cloud Group 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.

Ming Yuan Cloud Group Holdings (HKSE:00909) 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.

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Ming Yuan Cloud Group Holdings (HKSE:00909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ming Yuan Cloud Group Holdings Ltd (HKSE:00909) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

18 Gaoxin South 4th Road, 501-509, East Block, Nanshan District, Skyworth Semiconductor Design Building, Gaoxin Community, Yuehai Subdistrict, Shenzhen, CHN

Website

https://www.mingyuanyun.com

Ming Yuan Cloud Group Holdings Ltd is a provider of enterprise-grade ERP solutions and SaaS products to property developers and other industry participants along the real estate value chain in China. The company's ERP solutions and SaaS products enable property developers and other real estate industry participants such as construction materials suppliers and property asset management companies to streamline and digitalize their business operations. It generates maximum revenue from the SaaS products segment.

Executives

Tmf (cayman) Ltd.	2301 Trustee
Gao Yu	2307 Founder of a discretionary trust who can infl
Ghtongrui Investment Limited	2101 Beneficial owner
Mytongrui Holdings Limited	2201 Interest of corporation controlled by you
Myc Marvellous Limited	2101 Beneficial owner
Tmf Trust (hk) Limited	2301 Trustee
Jiang Haiyang	2307 Founder of a discretionary trust who can infl
Lingfan Investment Limited	2101 Beneficial owner
Chen Xiaohui	2307 Founder of a discretionary trust who can infl
Mindfree Holdings Limited	2201 Interest of corporation controlled by you
Hengxinyuan Investment Limited	2101 Beneficial owner
Sunshinemorning Holdings Limited	2201 Interest of corporation controlled by you

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