Xinda Investment Holdings (HKSE:01281) Cash, Cash Equivalents, Marketable Securities : HK$249.1 Mil (As of Dec. 2023)

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What is Xinda Investment Holdings Cash, Cash Equivalents, Marketable Securities?

Xinda Investment Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$229.35 Mil) to Jun. 2023 (HK$235.79 Mil) and increased from Jun. 2023 (HK$235.79 Mil) to Dec. 2023 (HK$249.06 Mil).

Xinda Investment Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$350.63 Mil) to Dec. 2022 (HK$229.35 Mil) but then increased from Dec. 2022 (HK$229.35 Mil) to Dec. 2023 (HK$249.06 Mil).

Xinda Investment Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Xinda Investment 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.

Xinda Investment Holdings Cash, Cash Equivalents, Marketable Securities Chart

Xinda Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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347.74

326.43

350.63

229.35

249.06

Xinda Investment 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															350.63	275.73	229.35	235.79	249.06

Xinda Investment 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.

Xinda Investment Holdings (HKSE:01281) 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.

Xinda Investment Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Xinda Investment Holdings (HKSE:01281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Xinda Investment Holdings Ltd (HKSE:01281) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN

Website

http://en.longitech.hk

Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.

Executives

Wei Shaojun	2307 Founder of a discretionary trust who can infl
King River Developments Limited	2201 Interest of corporation controlled by you
Zedra Trust Company (singapore) Limited	2301 Trustee
Harvest Oak Holdings Limited	2101 Beneficial owner
Wei Qiang	2305 Beneficiary of a trust
Lightway Power Holdings Limited	2101 Beneficial owner
China Ruifeng Renewable Energy Holdings Limited	2101 Beneficial owner
Rentian Technology Holdings Limited	2201 Interest of corporation controlled by you
Sino Wealthy Limited	2101 Beneficial owner

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