Da Yu Financial Holdings (HKSE:01073) Cash, Cash Equivalents, Marketable Securities : HK$81.15 Mil (As of Dec. 2023)

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What is Da Yu Financial Holdings Cash, Cash Equivalents, Marketable Securities?

Da Yu Financial Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$102.91 Mil) to Jun. 2023 (HK$103.51 Mil) but then stayed the same from Jun. 2023 (HK$103.51 Mil) to Dec. 2023 (HK$81.15 Mil).

Da Yu Financial Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$113.35 Mil) to Dec. 2022 (HK$102.91 Mil) and declined from Dec. 2022 (HK$102.91 Mil) to Dec. 2023 (HK$81.15 Mil).

Da Yu Financial Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Da Yu Financial 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.

Da Yu Financial Holdings Cash, Cash Equivalents, Marketable Securities Chart

Da Yu Financial Holdings Annual Data

Trend

Jun11

Jun12

Jun13

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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3.00

93.20

113.35

102.91

81.15

Da Yu Financial Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	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															113.35	98.76	102.91	103.51	81.15

Da Yu Financial 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.

Da Yu Financial Holdings (HKSE:01073) 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.

Da Yu Financial Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Da Yu Financial Holdings (HKSE:01073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Da Yu Financial Holdings Ltd (HKSE:01073) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 Gloucester Road, Room 1801, 18th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG

Website

http://www.chinagrotech.com

Da Yu Financial Holdings Ltd is an investment holding company and is engaged in providing financial advisory services. It operates in four segments. The corporate finance advisory services include services incidental to financial advisory, compliance advisory services, placing agency and underwriting services, investment business, and others. The Asset management services include investment advisory services and sundry income derived from the provision of the services. The Securities and related services include the provision of securities broking, underwriting, and placing of securities and investment in securities. The money lending business includes the provision of loan financing and related services. The group mainly has operations located in Hong Kong.

Executives

Victory Gain Ventures Limited	2101 Beneficial owner
Asm Connaught House General Partner V Limited	2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund V Lp	2101 Beneficial owner
Chan Kin	2201 Interest of corporation controlled by you
Argyle Street Management Limited	2201 Interest of corporation controlled by you
Xu Haohao	2101 Beneficial owner
Lee Su Hwei	2201 Interest of corporation controlled by you
Lee Seng Huang	2201 Interest of corporation controlled by you
Beyond Global Enterprises Limited	2201 Interest of corporation controlled by you
First Steamship Company Limited	2101 Beneficial owner
Argyle Street Management Holdings Limited	2201 Interest of corporation controlled by you
Lee Seng Hui	2201 Interest of corporation controlled by you
Allied Group Limited	2201 Interest of corporation controlled by you
Cheung Kit Shan Susanna	2202 Interest of your spouse
Lee Wa Lun Warren	2101 Beneficial owner

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