Smart City Development Holdings (HKSE:08268) Cash, Cash Equivalents, Marketable Securities : HK$83.4 Mil (As of Sep. 2024)

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What is Smart City Development Holdings Cash, Cash Equivalents, Marketable Securities?

Smart City Development Holdings's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (HK$68.51 Mil) to Mar. 2024 (HK$84.75 Mil) but then stayed the same from Mar. 2024 (HK$84.75 Mil) to Sep. 2024 (HK$83.42 Mil).

Smart City Development Holdings's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (HK$86.34 Mil) to Mar. 2023 (HK$115.85 Mil) but then declined from Mar. 2023 (HK$115.85 Mil) to Mar. 2024 (HK$84.75 Mil).

Smart City Development Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Smart City Development Holdings'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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Smart City Development Holdings Cash, Cash Equivalents, Marketable Securities Chart

Smart City Development Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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139.92

90.88

86.34

115.85

84.75

Smart City Development Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															115.85	-	68.51	84.75	83.42

Smart City Development Holdings 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.

Smart City Development Holdings (HKSE:08268) 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.

Smart City Development Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Smart City Development Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart City Development Holdings Ltd (HKSE:08268) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

No. 57 Hung To Road, 11th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.smartcity-d.com

Smart City Development Holdings Ltd is involved in securities investment, money lending, property investment and construction business sectors. The company has four segments: the construction segment, which is the key revenue-generating business, involves various processes including, building construction works, electrical and mechanical engineering works and fitting-out works; the securities investment segment is engaged in investment in securities; the property investment business segment is engaged in the holding of investment properties; and the money lending business segment. It has a business presence in Hong Kong and Mainland China.

Executives

Masan Capital Limited	2102 Investment manager
Masan Multi Strategy Fund Spc - Masan Hk Equity Fund Sp	2101 Beneficial owner
Top Lion International Limited	2201 Interest of corporation controlled by you
Ngan Chun Wing
Capital Vc Limited	2201 Interest of corporation controlled by you
Ethnocentric Investment Limited	2201 Interest of corporation controlled by you
Like Capital Limited	2101 Beneficial owner
Energy Luck Limited	2101 Beneficial owner
Wong Kui Shing, Danny	2201 Interest of corporation controlled by you

Smart City Development Holdings Headlines

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