Huashi Group Holdings (HKSE:01111) Cash, Cash Equivalents, Marketable Securities : HK$3.2 Mil (As of Dec. 2022)

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What is Huashi Group Holdings Cash, Cash Equivalents, Marketable Securities?

Huashi Group Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2020 (HK$14.31 Mil) to Dec. 2021 (HK$36.98 Mil) but then stayed the same from Dec. 2021 (HK$36.98 Mil) to Dec. 2022 (HK$3.21 Mil).

Huashi Group Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (HK$14.31 Mil) to Dec. 2021 (HK$36.98 Mil) but then declined from Dec. 2021 (HK$36.98 Mil) to Dec. 2022 (HK$3.21 Mil).

Huashi Group Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Huashi 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.

Huashi Group Holdings Cash, Cash Equivalents, Marketable Securities Chart

Huashi Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

14.31

36.98

3.21

187.06

Huashi Group Holdings Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	14.31	36.98	3.21	187.06

Huashi 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.

Huashi Group Holdings (HKSE:01111) 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.

Huashi Group Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Huashi Group Holdings (HKSE:01111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN

Website

http://www.youmeimu.com

Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.

Executives

Chen Jicheng	2201 Interest of corporation controlled by you
Wang Shujin	2201 Interest of corporation controlled by you
Nie Xing	2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si	2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si	2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si	2101 Beneficial owner

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