Fulu Holdings (HKSE:02101) Cash, Cash Equivalents, Marketable Securities : HK$232.2 Mil (As of Jun. 2024)

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What is Fulu Holdings Cash, Cash Equivalents, Marketable Securities?

Fulu Holdings's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (HK$267.86 Mil) to Dec. 2023 (HK$174.89 Mil) but then increased from Dec. 2023 (HK$174.89 Mil) to Jun. 2024 (HK$232.16 Mil).

Fulu Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$277.28 Mil) to Dec. 2022 (HK$197.04 Mil) and declined from Dec. 2022 (HK$197.04 Mil) to Dec. 2023 (HK$174.89 Mil).

Fulu Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Fulu 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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Fulu Holdings Cash, Cash Equivalents, Marketable Securities Chart

Fulu Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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10.00

547.52

277.28

197.04

174.89

Fulu Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial								345.30	197.04	267.86	174.89	232.16

Fulu 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.

Fulu Holdings (HKSE:02101) 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.

Fulu Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Fulu Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fulu Holdings Ltd (HKSE:02101) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77, Guanggu Avenue, 2nd Floor, Building B2, Optics Valley Financial Port, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN

Website

https://www.fulu.com

Fulu Holdings Ltd is a third-party virtual goods and services platform operator in China. Its platform connects virtual goods vendors and virtual goods sales channels. It serves virtual goods vendors, covering leisure and entertainment, games, telecommunications, and lifestyle services, providing virtual goods vendors with access to a variety of sales channels, such as e-commerce and online payment platforms. It generates revenues from providing business-to-business services to virtual goods vendors and sales channels, including facilitating virtual goods transactions between virtual goods vendors and virtual goods sales channels and providing value-added services. It generates revenue from four business segments: leisure and entertainment; games; telecommunications; and lifestyle.

Executives

Xu Jian	2201 Interest of corporation controlled by you
Luzhi Holdings Limited	2101 Beneficial owner
Fu Xi	2307 Founder of a discretionary trust who can infl
Zhang Yuguo	2101 Beneficial owner
Fuxi Limited	2201 Interest of corporation controlled by you
Zhangyuguo Holdings Limited	2101 Beneficial owner

Fulu Holdings Headlines

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