Zhejiang United Investment Holdings Group (HKSE:08366) Cash, Cash Equivalents, Marketable Securities : HK$37.6 Mil (As of Oct. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Zhejiang United Investment Holdings Group Cash, Cash Equivalents, Marketable Securities?

Zhejiang United Investment Holdings Group's quarterly cash, cash equivalents, marketable securities increased from Oct. 2023 (HK$31.27 Mil) to Apr. 2024 (HK$33.83 Mil) and increased from Apr. 2024 (HK$33.83 Mil) to Oct. 2024 (HK$37.64 Mil).

Zhejiang United Investment Holdings Group's annual cash, cash equivalents, marketable securities declined from Apr. 2022 (HK$44.77 Mil) to Apr. 2023 (HK$1.15 Mil) but then increased from Apr. 2023 (HK$1.15 Mil) to Apr. 2024 (HK$33.83 Mil).

Zhejiang United Investment Holdings Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Zhejiang United Investment Holdings 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.

* Premium members only.

Zhejiang United Investment Holdings Group Cash, Cash Equivalents, Marketable Securities Chart

Zhejiang United Investment Holdings Group Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

37.41

25.18

44.77

1.15

33.83

Zhejiang United Investment Holdings Group Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Oct24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1.15	-	31.27	33.83	37.64

Zhejiang United Investment Holdings 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.

Zhejiang United Investment Holdings Group (HKSE:08366) 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.

Zhejiang United Investment Holdings Group Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Zhejiang United Investment Holdings Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang United Investment Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang United Investment Holdings Group Ltd (HKSE:08366) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.zjuv8366.com

Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.

Executives

Zhang Yan	2101 Beneficial owner
Albert Yeung Capital Holdings Limited	2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag	2301 Trustee
Emperor Capital Group Limited	2201 Interest of corporation controlled by you
Emperor Securities Limited	2101 Beneficial owner
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Zhang Yan	2101 Beneficial owner
United Financial Holdings Group Limited	2101 Beneficial owner
Zhou Ying	2201 Interest of corporation controlled by you
Century Investment Holdings Limited	2201 Interest of corporation controlled by you

Zhejiang United Investment Holdings Group Headlines

No Headlines