China Ecotourism Group (HKSE:01371) Cash, Cash Equivalents, Marketable Securities : HK$62.84 Mil (As of Dec. 2023)

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What is China Ecotourism Group Cash, Cash Equivalents, Marketable Securities?

China Ecotourism Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$94.66 Mil) to Jun. 2022 (HK$53.03 Mil) but then increased from Jun. 2022 (HK$53.03 Mil) to Dec. 2023 (HK$62.84 Mil).

China Ecotourism Group's annual cash, cash equivalents, marketable securities increased from Dec. 2019 (HK$64.73 Mil) to Dec. 2020 (HK$83.33 Mil) and increased from Dec. 2020 (HK$83.33 Mil) to Dec. 2021 (HK$94.66 Mil).

China Ecotourism Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for China Ecotourism Group'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.

China Ecotourism Group Cash, Cash Equivalents, Marketable Securities Chart

China Ecotourism Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

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193.48

146.02

64.73

83.33

94.66

China Ecotourism Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															83.33	129.43	94.66	53.03	62.84

China Ecotourism Group 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.

China Ecotourism Group (HKSE:01371) 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.

China Ecotourism Group Cash, Cash Equivalents, Marketable Securities Related Terms

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China Ecotourism Group (HKSE:01371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China Ecotourism Group Ltd (HKSE:01371) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

WORA:Germany

Address

39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.ecotourgroup.com

China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.

Executives

China Carbon Neutral Development Group Limited	2101 Beneficial owner
Lau Ting
Cao Junsheng	2201 Interest of corporation controlled by you
Mao Yuan Capital Limited	2101 Beneficial owner
Chan Shing	2202 Interest of your spouse
Favor King Limited

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