Smart-Core Holdings (HKSE:02166) Cash, Cash Equivalents, Marketable Securities : HK$239 Mil (As of Dec. 2024)

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What is Smart-Core Holdings Cash, Cash Equivalents, Marketable Securities?

Smart-Core Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2023 (HK$167.81 Mil) to Jun. 2024 (HK$192.98 Mil) and increased from Jun. 2024 (HK$192.98 Mil) to Dec. 2024 (HK$239.46 Mil).

Smart-Core Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$494.41 Mil) to Dec. 2023 (HK$167.81 Mil) but then increased from Dec. 2023 (HK$167.81 Mil) to Dec. 2024 (HK$239.46 Mil).

Smart-Core Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Smart-Core 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.

Smart-Core Holdings Cash, Cash Equivalents, Marketable Securities Chart

Smart-Core Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

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238.56

290.93

494.41

167.81

239.46

Smart-Core Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															494.41	425.46	167.81	192.98	239.46

Smart-Core 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.

Smart-Core Holdings (HKSE:02166) 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.

Smart-Core Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Smart-Core Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart-Core Holdings Ltd (HKSE:02166) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

70 Ta Chuen Ping Street, 15th Floor, Tower B, Regent Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.smart-core.com.hk

Smart-Core Holdings Ltd is a distributor of integrated circuits and other electronic components and technology value-added service providers covering multiple market segments such as televisions, optoelectronic displays, smart terminals, memory, security monitoring, Internet of Things (IoT), and optical communications. Its service networks cover the majority of regions in Mainland China and Southeast Asia, providing diversified supply chain services of semiconductor chips and various electronic components for customers in the electronics industry, as well as corresponding technical solutions, technical support, and software services. Its segments include Authorised distribution and Independent distribution. It makes up the majority of the revenue from the Authorised distribution segment.

Executives

Futu Trustee Limited	2301 Trustee
Insight Limited	2101 Beneficial owner
Liu Hongbing	2101 Beneficial owner
Wong Tsz Leung	2201 Interest of corporation controlled by you
Smart Ic Limited
Tian Weidong

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