WellCell Holdings Co (HKSE:02477) Cash, Cash Equivalents, Marketable Securities : HK$124.5 Mil (As of Dec. 2024)

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What is WellCell Holdings Co Cash, Cash Equivalents, Marketable Securities?

WellCell Holdings Co's quarterly cash, cash equivalents, marketable securities increased from Dec. 2023 (HK$26.04 Mil) to Jun. 2024 (HK$107.03 Mil) and increased from Jun. 2024 (HK$107.03 Mil) to Dec. 2024 (HK$124.47 Mil).

WellCell Holdings Co's annual cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$47.12 Mil) to Dec. 2023 (HK$26.04 Mil) but then increased from Dec. 2023 (HK$26.04 Mil) to Dec. 2024 (HK$124.47 Mil).

WellCell Holdings Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for WellCell Holdings 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.

WellCell Holdings Co Cash, Cash Equivalents, Marketable Securities Chart

WellCell Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

27.42

26.38

47.12

26.04

124.47

WellCell Holdings Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			47.12	34.46	26.04	107.03	124.47

WellCell Holdings 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.

WellCell Holdings Co (HKSE:02477) 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.

WellCell Holdings Co Cash, Cash Equivalents, Marketable Securities Related Terms

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WellCell Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » WellCell Holdings Co Ltd (HKSE:02477) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 199, Weikang Road, 201, Building 8, Xiangzhou Chuanggang Centre, Nanping Town, Xiangzhou District, Guangdong Province, Zhuhai, CHN

Website

https://www.wellcell.com.cn

WellCell Holdings Co Ltd is a telecommunication network support and information and communication technology (ICT) integration services provider and software developer in the PRC. Its telecommunication network support services mainly include the provision of wireless telecommunication network enhancement services, encompassing both routine and specific services for improving connectivity, quality and coverage of a telecommunication network and for troubleshooting telecommunication network issues for its customers; and telecommunication network infrastructure maintenance and engineering services, involving routine maintenance and emergency restoration of the operations of base stations, and provision of engineering and labour services in projects related to the construction.

Executives

Lin Qi Hao	2101 Beneficial owner
Jia Zheng Yi	2201 Interest of corporation controlled by you
Zheng Li	2202 Interest of your spouse
Zhong Shu Min	2202 Interest of your spouse
Wellcell Group Co.,limited	2201 Interest of corporation controlled by you
Cheer Partners Limited
Shine Dynasty Limited
Hang Feng International Holdings Co., Limited	2101 Beneficial owner
Qian Fenglei	2201 Interest of corporation controlled by you
Cheer Partners Co., Limited	2101 Beneficial owner
Shine Dynasty Co., Limited	2201 Interest of corporation controlled by you

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