Sinic Holdings (Group) Co (HKSE:02103) Cash, Cash Equivalents, Marketable Securities : HK$24,270 Mil (As of Jun. 2021)

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What is Sinic Holdings (Group) Co Cash, Cash Equivalents, Marketable Securities?

Sinic Holdings (Group) Co's quarterly cash, cash equivalents, marketable securities declined from Jun. 2020 (HK$19,981.46 Mil) to Dec. 2020 (HK$13,710.34 Mil) but then increased from Dec. 2020 (HK$13,710.34 Mil) to Jun. 2021 (HK$24,270.09 Mil).

Sinic Holdings (Group) Co's annual cash, cash equivalents, marketable securities increased from Dec. 2018 (HK$8,477.82 Mil) to Dec. 2019 (HK$12,062.81 Mil) and increased from Dec. 2019 (HK$12,062.81 Mil) to Dec. 2020 (HK$13,710.34 Mil).

Sinic Holdings (Group) Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Sinic Holdings (Group) Co'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.

Sinic Holdings (Group) Co Cash, Cash Equivalents, Marketable Securities Chart

Sinic Holdings (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Cash, Cash Equivalents, Marketable Securities

784.79

3,553.55

8,477.82

12,062.81

13,710.34

Sinic Holdings (Group) Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	12,062.81	19,981.46	13,710.34	24,270.09

Sinic Holdings (Group) Co 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.

Sinic Holdings (Group) Co (HKSE:02103) 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.

Sinic Holdings (Group) Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Sinic Holdings (Group) Co (HKSE:02103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinic Holdings (Group) Co Ltd (HKSE:02103) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

No. 988 ShenChang Road, 7th Floor, HongQiao Vanke Center T6, MinHang District, Shanghai, CHN

Website

http://www.sinicdc.com

Sinic Holdings (Group) Co Ltd is a Cayman Islands-based property developer. It is engaged in the development of residential and commercial properties. The company offers property development, property leasing, and the provision of management consulting services. It generates revenue through the sale of properties and mainly operates in Mainland China.

Executives

Zhang Yuanlin	2101 Beneficial owner
Wu Chengping	2202 Interest of your spouse
Honoured Ever Oriental Holdings Limited	2201 Interest of corporation controlled by you
Sinic Group Company Limited	2201 Interest of corporation controlled by you
Sinic Holdings Group Company Limited	2101 Beneficial owner
Tmf (cayman) Ltd.	2301 Trustee
Xin Hong Company Limited	2201 Interest of corporation controlled by you

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