Guoquan Food (Shanghai) Co (HKSE:02517) Cash, Cash Equivalents, Marketable Securities : HK$1,781 Mil (As of Dec. 2023)

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What is Guoquan Food (Shanghai) Co Cash, Cash Equivalents, Marketable Securities?

Guoquan Food (Shanghai) Co's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$1,013.75 Mil) to Dec. 2022 (HK$831.98 Mil) but then increased from Dec. 2022 (HK$831.98 Mil) to Dec. 2023 (HK$1,781.36 Mil).

Guoquan Food (Shanghai) Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$1,013.75 Mil) to Dec. 2022 (HK$831.98 Mil) but then increased from Dec. 2022 (HK$831.98 Mil) to Dec. 2023 (HK$1,781.36 Mil).

Guoquan Food (Shanghai) Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co Cash, Cash Equivalents, Marketable Securities Chart

Guoquan Food (Shanghai) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

119.52

1,013.75

831.98

1,781.36

Guoquan Food (Shanghai) Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	119.52	1,013.75	831.98	1,781.36

Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co (HKSE:02517) 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.

Guoquan Food (Shanghai) Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Guoquan Food (Shanghai) Co (HKSE:02517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN

Website

http://www.zzgqsh.com

Guoquan Food (Shanghai) Co Ltd is the leading and rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.

Executives

Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si
Generation One Holdings Ltd	2101 Beneficial owner
Vision Knight Capital (china) Fund Ii, L.p.	2201 Interest of corporation controlled by you
Vision Knight Capital (china) Gp Ii, L.p.	2201 Interest of corporation controlled by you
Vkc (china) Gp Ii Ltd.	2201 Interest of corporation controlled by you
Vkc Cayman Ii Ltd.	2201 Interest of corporation controlled by you
Ho Chi Sing	2201 Interest of corporation controlled by you
Wei Zhe	2201 Interest of corporation controlled by you
Zhao Shang Yin Xing Gu Fen You Xian Gong Si
Li Zhujie	2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si
Zhao Yin Guo Ji Jin Rong You Xian Gong Si
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si
Shang Hai Guo Xiao Quan Qi Ye Guan Li Zhong Xin You Xian He Huo	2101 Beneficial owner
San Quan Shi Pin Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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