Lesi Group (HKSE:02540) Cash, Cash Equivalents, Marketable Securities : HK$159.5 Mil (As of Dec. 2024)

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What is Lesi Group Cash, Cash Equivalents, Marketable Securities?

Lesi Group's quarterly cash, cash equivalents, marketable securities increased from Dec. 2023 (HK$84.05 Mil) to Jun. 2024 (HK$101.31 Mil) and increased from Jun. 2024 (HK$101.31 Mil) to Dec. 2024 (HK$159.53 Mil).

Lesi Group's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$66.10 Mil) to Dec. 2023 (HK$84.05 Mil) and increased from Dec. 2023 (HK$84.05 Mil) to Dec. 2024 (HK$159.53 Mil).

Lesi Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Lesi Group'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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Lesi Group Cash, Cash Equivalents, Marketable Securities Chart

Lesi Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

30.70

68.46

66.10

84.05

159.53

Lesi Group Quarterly Data
	Dec20	Dec21	Dec22	Sep23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			66.10	15.70	84.05	101.31	159.53

Lesi Group 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.

Lesi Group (HKSE:02540) 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.

Lesi Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Lesi Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lesi Group Ltd (HKSE:02540) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Building 4, No. 10, Jiuxianqiao North Road, 9th Floor, Block D, Xingdi Center, Jiangtai Township, Chaoyang District, Beijing, CHN

Website

https://www.lscx.com.cn

Lesi Group Ltd is a mobile advertising service provider in the PRC and mainly provide comprehensive mobile advertising services to its customers for marketing of their brands, products and/or services on media platforms operated by its media partners. The company's services include mobile marketing planning, traffic acquisition, production of ad creatives, ad placements, ad optimisation, ad campaign management and ad distribution. It derives revenue from Mobile advertising solutions services and Advertisement distribution services.

Executives

Ka Lok Holdings Limited	2101 Beneficial owner
Quartet Yutong Holdings Limited	2201 Interest of corporation controlled by you
Remit Sheng Holdings Limited	2201 Interest of corporation controlled by you
Shu Qing	2202 Interest of your spouse
Yu Canliang	2201 Interest of corporation controlled by you
Zhao Libing	2201 Interest of corporation controlled by you

Lesi Group Headlines

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