Oriental Payment Group Holdings (HKSE:08613) Cash, Cash Equivalents, Marketable Securities : HK$6.91 Mil (As of Sep. 2023)

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What is Oriental Payment Group Holdings Cash, Cash Equivalents, Marketable Securities?

Oriental Payment Group Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (HK$11.02 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$6.91 Mil).

Oriental Payment Group Holdings's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (HK$29.24 Mil) to Mar. 2022 (HK$31.41 Mil) but then declined from Mar. 2022 (HK$31.41 Mil) to Mar. 2023 (HK$11.02 Mil).

Oriental Payment Group Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Oriental Payment Group 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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Oriental Payment Group Holdings Cash, Cash Equivalents, Marketable Securities Chart

Oriental Payment Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

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52.82

36.92

29.24

31.41

11.02

Oriental Payment Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															13.82	-	11.02	-	6.91

Oriental Payment Group 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.

Oriental Payment Group Holdings (HKSE:08613) 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.

Oriental Payment Group Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Oriental Payment Group Holdings (HKSE:08613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Oriental Payment Group Holdings Ltd (HKSE:08613) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21, Choei Phuang Alley, Vibhavadi Rangsit Road, 24th Floor, A5 Zone, TST Building, Chatuchak District, Bangkok Metropolis, Bangkok, THA, 10900

Website

http://www.ocg.com.hk

Oriental Payment Group Holdings Ltd is an investment holding company mainly engaged in merchant acquiring business. The company is engaged in merchant acquiring business in Thailand. It provides payment processing services to merchants of all sizes. Geographically, it derives a majority of revenue from Thailand. It mainly generates revenue from its Merchant acquiring service, marketing and distribution service and Environmental, Social and Governance reporting and consultancy services on ESG.

Executives

Metagate Investment Spc	2101 Beneficial owner
Rainbow Capital Limited	2201 Interest of corporation controlled by you
Choy Hok Man	2101 Beneficial owner
Gold Track Ventures Limited	2101 Beneficial owner
Tsang Chi Kit	2201 Interest of corporation controlled by you
Yu Chun Fai	2201 Interest of corporation controlled by you
Straum Investments Limited	2101 Beneficial owner
Mobile Technology Holdings Limited	2101 Beneficial owner
Choi Hiu Wa	2202 Interest of your spouse
Rainbow Elite International Limited	2101 Beneficial owner
Lam Hak Ha Jasper	2201 Interest of corporation controlled by you
Sui Xiao Chun	2101 Beneficial owner
Original Fortune Group Limited	2101 Beneficial owner
Sung Hak Keung, Andy	2201 Interest of corporation controlled by you
China Smartpay Group Holdings Limited	2201 Interest of corporation controlled by you

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