Gemilang International (HKSE:06163) Cash, Cash Equivalents, Marketable Securities : HK$26.1 Mil (As of Apr. 2024)

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What is Gemilang International Cash, Cash Equivalents, Marketable Securities?

Gemilang International's quarterly cash, cash equivalents, marketable securities declined from Apr. 2023 (HK$20.01 Mil) to Oct. 2023 (HK$2.03 Mil) but then increased from Oct. 2023 (HK$2.03 Mil) to Apr. 2024 (HK$26.07 Mil).

Gemilang International's annual cash, cash equivalents, marketable securities declined from Oct. 2021 (HK$11.09 Mil) to Oct. 2022 (HK$10.23 Mil) and declined from Oct. 2022 (HK$10.23 Mil) to Oct. 2023 (HK$2.03 Mil).

Gemilang International Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Gemilang International'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.

Gemilang International Cash, Cash Equivalents, Marketable Securities Chart

Gemilang International Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash, Cash Equivalents, Marketable Securities

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30.04

14.95

11.09

10.23

2.03

Gemilang International Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															25.94	10.23	20.01	2.03	26.07

Gemilang International 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.

Gemilang International (HKSE:06163) 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.

Gemilang International Cash, Cash Equivalents, Marketable Securities Related Terms

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Gemilang International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gemilang International Ltd (HKSE:06163) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Ptd 42326, Jalan Seelong, Mukim Senai, Senai, JHR, MYS, 81400

Website

https://www.gml.com.my

Gemilang International Ltd designs and manufactures bus bodies and assembles buses. The Group divides its target markets into two segments, namely core markets which comprise Singapore and Malaysia, and developing markets which comprise all other markets to where the Group exports its products to, including Australia, Hong Kong, the USA and Uzbekistan. The Group's buses, comprising city buses and coaches in aluminium, mainly serve public and private bus transportation operators in its target markets. The Group's products mainly include single deck, double deck and articulated city buses, as well as single deck, double deck and high deck coaches. It derives a majority of revenue from Singapore.

Executives

Low Poh Teng	2202 Interest of your spouse
Pang Chong Yong	2101 Beneficial owner
Kan Suk Ping	2101 Beneficial owner
Golden Castle Investments Limited	2101 Beneficial owner
Gold-face Finance Limited	2106 Person having a security interest in shares
Upbest Group Limited	2201 Interest of corporation controlled by you

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