Quali-Smart Holdings (HKSE:01348) Cash, Cash Equivalents, Marketable Securities : HK$67.7 Mil (As of Sep. 2023)

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What is Quali-Smart Holdings Cash, Cash Equivalents, Marketable Securities?

Quali-Smart Holdings's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 (HK$62.83 Mil) to Mar. 2023 (HK$61.95 Mil) but then increased from Mar. 2023 (HK$61.95 Mil) to Sep. 2023 (HK$67.66 Mil).

Quali-Smart Holdings's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (HK$67.57 Mil) to Mar. 2022 (HK$29.38 Mil) but then increased from Mar. 2022 (HK$29.38 Mil) to Mar. 2023 (HK$61.95 Mil).

Quali-Smart Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Quali-Smart 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.

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Quali-Smart Holdings Cash, Cash Equivalents, Marketable Securities Chart

Quali-Smart Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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140.47

59.96

67.57

29.38

61.95

Quali-Smart Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															28.37	29.38	62.83	61.95	67.66

Quali-Smart 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.

Quali-Smart Holdings (HKSE:01348) 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.

Quali-Smart Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Quali-Smart Holdings (HKSE:01348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Quali-Smart Holdings Ltd (HKSE:01348) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Tsuen Wan, Workshop C, 19th Floor, TML Tower, New Territories, Hong Kong, HKG

Website

http://www.quali-smart.com.hk

Quali-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Manufacturing and sales of toys and Financial Services. It generates maximum revenue from the Manufacturing and sales of toys segment. The Financial Services segment includes securities brokerage, underwriting, securities margin financing, investment advisory, corporate finance, and asset management services. Geographically, it derives a majority of its revenue from North America which includes the United States of America and Canada, and also has a presence in the United Kingdom; France; PRC, and Taiwan; Central America, Caribbean, and Mexico; Australia, New Zealand, and Pacific Islands and other countries.

Executives

Benefit Global Limited	2101 Beneficial owner
Blackpine Private Equity Partners G.p. Limited	2201 Interest of corporation controlled by you
Clearfield Global Limited	2201 Interest of corporation controlled by you
Chu Lawrence Sheng Yu	2201 Interest of corporation controlled by you
Li Man Yee Stella	2101 Beneficial owner
Lau Ho Ming Peter	2101 Beneficial owner
Smart Investor Holdings Limited	2101 Beneficial owner
Zhongtai Securities Company Limited
Zhong Tai Jin Rong Guo Ji You Xian Gong Si	2101 Beneficial owner
Shan Dong Gang Tie Ji Tuan You Xian Gong Si
Lai Wu Gang Tie Ji Tuan You Xian Gong Si

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