Genertec Universal Medical Group Co (HKSE:02666) Cash, Cash Equivalents, Marketable Securities : HK$3,047 Mil (As of Jun. 2024)

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What is Genertec Universal Medical Group Co Cash, Cash Equivalents, Marketable Securities?

Genertec Universal Medical Group Co's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (HK$3,865.28 Mil) to Dec. 2023 (HK$3,934.02 Mil) but then stayed the same from Dec. 2023 (HK$3,934.02 Mil) to Jun. 2024 (HK$3,047.10 Mil).

Genertec Universal Medical Group Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$2,867.80 Mil) to Dec. 2022 (HK$3,890.24 Mil) and increased from Dec. 2022 (HK$3,890.24 Mil) to Dec. 2023 (HK$3,934.02 Mil).

Genertec Universal Medical Group Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Genertec Universal Medical Group 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.

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Genertec Universal Medical Group Co Cash, Cash Equivalents, Marketable Securities Chart

Genertec Universal Medical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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3,767.63

2,414.18

2,867.80

3,890.24

3,934.02

Genertec Universal Medical Group Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															4,313.27	3,890.24	3,865.28	3,934.02	3,047.10

Genertec Universal Medical Group 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.

Genertec Universal Medical Group Co (HKSE:02666) 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.

Genertec Universal Medical Group Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Genertec Universal Medical Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Genertec Universal Medical Group Co Ltd (HKSE:02666) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

5UM:Germany

Address

8-1 Chongwenmenwai Street, 4th, 5th and 13th Floor, West Wing of Hademen Plaza, Dongcheng District, Beijing, CHN

Website

https://www.umcare.cn

Genertec Universal Medical Group Co Ltd is principally engaged in providing financing to its customers under finance lease arrangements, the provision of advisory services, the sale of medical equipment as well as leases under operating lease arrangements, and the provision of other services. The Group has two business segments; The finance business comprises direct finance leasing, sale-and-leaseback, factoring, operating leases, and advisory services, and The hospital group business comprises medical services, hospital, and healthcare management, import and export trade, and domestic trade of medical-related goods and life cycle management of equipment assets. Geographically, it derives a majority of its revenue from Mainland China.

Executives

Citic Capital Holdings Limited	2201 Interest of corporation controlled by you
Tong Yong Ji Shu Ji Tuan Xiang Gang Guo Ji Zi Ben You Xian Gong Si	2101 Beneficial owner
Zhong Guo Tong Yong Ji Shu Ji Tuan Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Cp Management Holdings Limited	2201 Interest of corporation controlled by you
Trustar Capital Holdings Limited	2201 Interest of corporation controlled by you
Sounda Properties Limited	2201 Interest of corporation controlled by you
Chu Mang Yee	2201 Interest of corporation controlled by you
Meta Group Limited	2201 Interest of corporation controlled by you
Sounda Hopson Technology Holdings Limited	2201 Interest of corporation controlled by you
Sounda Hopson Technology Investment Limited	2201 Interest of corporation controlled by you
Zhang Yichen	2201 Interest of corporation controlled by you
Citic Capital Partners Limited	2201 Interest of corporation controlled by you

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