Ye Xing Group Holdings (HKSE:01941) Cash, Cash Equivalents, Marketable Securities : HK$124.6 Mil (As of Dec. 2024)

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What is Ye Xing Group Holdings Cash, Cash Equivalents, Marketable Securities?

Ye Xing Group Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2023 (HK$153.23 Mil) to Jun. 2024 (HK$146.84 Mil) but then stayed the same from Jun. 2024 (HK$146.84 Mil) to Dec. 2024 (HK$124.59 Mil).

Ye Xing Group Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$151.00 Mil) to Dec. 2023 (HK$153.23 Mil) but then declined from Dec. 2023 (HK$153.23 Mil) to Dec. 2024 (HK$124.59 Mil).

Ye Xing Group Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ye Xing 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.

Ye Xing Group Holdings Cash, Cash Equivalents, Marketable Securities Chart

Ye Xing Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

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329.17

204.66

151.00

153.23

124.59

Ye Xing Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										151.00	168.32	153.23	146.84	124.59

Ye Xing 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.

Ye Xing Group Holdings (HKSE:01941) 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.

Ye Xing Group Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Ye Xing Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ye Xing Group Holdings Ltd (HKSE:01941) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Room 108, No. 45 Xinrong North Street, Xihongmen, Daxing District, Beijing, CHN

Website

http://www.hongkunwuye.com

Ye Xing Group Holdings Ltd is a property management service provider offering comprehensive property management and related services for residential and non-residential properties in the PRC. Its services include Property Management Services that provide property owners and residents with a variety of property management services; Property Developer Services that include sales assistance services, pre-delivery cleaning and preparation services, post-delivery repair services, and planning and design consultancy and inspection services; and Value-Added Services that provide property owners and residents with community-related value-added services ranging from home living services to other value-added services that provide convenience to the property owners and residents.

Executives

Winz Strategy Company Limited	2101 Beneficial owner
Chan Sheung Chi	2101 Beneficial owner
Li Yin Ping	2101 Beneficial owner
Zhao Weihao	2201 Interest of corporation controlled by you
Ascendor Futur Holdings Limited	2101 Beneficial owner
Wang Qian	2202 Interest of your spouse
Will Full Holdings Limited	2201 Interest of corporation controlled by you
Wu Hong	2201 Interest of corporation controlled by you
Zhao Bin	2201 Interest of corporation controlled by you

Ye Xing Group Holdings Headlines

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