Maiyue Technology (HKSE:02501) Cash, Cash Equivalents, Marketable Securities : HK$43.2 Mil (As of Dec. 2024)

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What is Maiyue Technology Cash, Cash Equivalents, Marketable Securities?

Maiyue Technology's quarterly cash, cash equivalents, marketable securities declined from Dec. 2023 (HK$52.29 Mil) to Jun. 2024 (HK$16.82 Mil) but then increased from Jun. 2024 (HK$16.82 Mil) to Dec. 2024 (HK$43.24 Mil).

Maiyue Technology's annual cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$69.91 Mil) to Dec. 2023 (HK$52.29 Mil) and declined from Dec. 2023 (HK$52.29 Mil) to Dec. 2024 (HK$43.24 Mil).

Maiyue Technology Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Maiyue Technology'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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Maiyue Technology Cash, Cash Equivalents, Marketable Securities Chart

Maiyue Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

66.52

60.19

69.91

52.29

43.24

Maiyue Technology Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			69.91	-	52.29	16.82	43.24

Maiyue Technology 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.

Maiyue Technology (HKSE:02501) 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.

Maiyue Technology Cash, Cash Equivalents, Marketable Securities Related Terms

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Maiyue Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maiyue Technology Ltd (HKSE:02501) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Gehai Road, Room 912, 9th Floor, Office Area, Block B, East Tower, Guangxi, Guangxi Sports Centre Supporting Project Complex, Nanning, CHN

Website

http://www.maiyuesoft.com

Maiyue Technology Ltd is principally engaged in the provision of integrated Information Technology (IT) solution services, sales of hardware and software, warranty, upgrade, technical guidance, and maintenance service for customers. It operates its businesses through three segments: Provision of integrated IT solution services segment is mainly engaged in the design and implementation of the solution, sales of related software and hardware to customers, and follow-up maintenance; Sales of hardware and software segment mainly includes solely the sales of hardware and the sales of self-developed software; and Provision of standalone IT services segment is mainly involved in maintenance service, system upgrade, warranty service, software installation, and technology consulting service.

Executives

Ye Shanmin	2201 Interest of corporation controlled by you
Chan Eong Liat Jason	2201 Interest of corporation controlled by you
Deep Blue Ocean Electronics Technology Limited	2101 Beneficial owner
Deng Caidie	2201 Interest of corporation controlled by you
He Deling	2202 Interest of your spouse
Kong Xiaoyan	2202 Interest of your spouse
Li Changqing	2201 Interest of corporation controlled by you
Wang Yufei	2201 Interest of corporation controlled by you
Xu Tao	2202 Interest of your spouse
Yang Zihan	2202 Interest of your spouse
Zhang Guangbai	2201 Interest of corporation controlled by you
Canwest Profits Limited	2101 Beneficial owner
Ng Ling Ling	2202 Interest of your spouse
Koh Lik Ching	2202 Interest of your spouse
Million Oak Limited	2101 Beneficial owner

Maiyue Technology Headlines

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