Grandshores Technology Group (HKSE:01647) Cash, Cash Equivalents, Marketable Securities : HK$104.0 Mil (As of Sep. 2024)

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What is Grandshores Technology Group Cash, Cash Equivalents, Marketable Securities?

Grandshores Technology Group's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (HK$179.09 Mil) to Mar. 2024 (HK$114.97 Mil) but then stayed the same from Mar. 2024 (HK$114.97 Mil) to Sep. 2024 (HK$103.98 Mil).

Grandshores Technology Group's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (HK$223.70 Mil) to Mar. 2023 (HK$240.17 Mil) but then declined from Mar. 2023 (HK$240.17 Mil) to Mar. 2024 (HK$114.97 Mil).

Grandshores Technology Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Grandshores Technology 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.

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Grandshores Technology Group Cash, Cash Equivalents, Marketable Securities Chart

Grandshores Technology Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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142.49

132.26

223.70

240.17

114.97

Grandshores Technology Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															180.38	240.17	179.09	114.97	103.98

Grandshores Technology 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.

Grandshores Technology Group (HKSE:01647) 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.

Grandshores Technology Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Grandshores Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grandshores Technology Group Ltd (HKSE:01647) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

1 Science Museum Road, Tsim Sha Tsui, Unit 1503, 15th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG

Website

https://www.grandshorestech.com

Grandshores Technology Group Ltd is an investment holding company. Along with its subsidiaries, the company provides integrated building services, with a focus on maintenance and/or installations of mechanical and electrical systems including minor repairs and improvement works, and undertaking building and construction works in Singapore. The group's operating segments are Integrated Building Services; Building Construction Works and Information Technology Development and Application, of which the majority of its revenue source is from the Integrated Building Services segment. It has a business presence in Singapore and China.

Executives

Great Scenery Ventures Limited	2201 Interest of corporation controlled by you
Yao Yongjie	2101 Beneficial owner
Yao Zeqian	2101 Beneficial owner
Emperor Grand International Limited
Morgan Hill Holdings Limited
Zhu Guangping
Liu Zihao	2101 Beneficial owner
Lion Group Holding Ltd.	2101 Beneficial owner
Wang Jian	2101 Beneficial owner
Leung Shek Kong
Timeness Vision Limited	2201 Interest of corporation controlled by you

Grandshores Technology Group Headlines

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