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Wise Ally International Holdings (HKSE:09918) Cash, Cash Equivalents, Marketable Securities : HK$305 Mil (As of Dec. 2024)


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What is Wise Ally International Holdings Cash, Cash Equivalents, Marketable Securities?

Wise Ally International Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2023 (HK$274.57 Mil) to Jun. 2024 (HK$275.37 Mil) and increased from Jun. 2024 (HK$275.37 Mil) to Dec. 2024 (HK$305.14 Mil).

Wise Ally International Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$242.19 Mil) to Dec. 2023 (HK$274.57 Mil) and increased from Dec. 2023 (HK$274.57 Mil) to Dec. 2024 (HK$305.14 Mil).


Wise Ally International Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Wise Ally International 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.

* Premium members only.

Wise Ally International Holdings Cash, Cash Equivalents, Marketable Securities Chart

Wise Ally International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only 234.38 207.27 242.19 274.57 305.14

Wise Ally International Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 242.19 207.86 274.57 275.37 305.14

Wise Ally International 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.


Wise Ally International Holdings  (HKSE:09918) 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.


Wise Ally International Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Wise Ally International Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
Enterprise Square Five, 38 Wang Chiu Road, Units 3203-3207, Tower 1, Kowloon Bay, Kowloon, Hong Kong, HKG
Wise Ally International Holdings Ltd is engaged in the manufacturing and sales of electronic products. Its services include design development and enhancement, provision of technical advice and engineering solutions, selection and procurement of materials, production, quality control, and logistics management. The company products include Printed Circuit Board Assembly(PCBAs), multifunctional modules, and finished electronic products, its medical products include Wearable Bio Senor, Oximeter and Heart Rate Sensors, and Fertility Hormones Testercompany's, etc. The company generates maximum of its revenue from Philippines.
Executives
Smartview Investments Limited 2101 Beneficial owner
Grandview Group Holdings Limited 2101 Beneficial owner
Smart Union Global Group Limited 2101 Beneficial owner
Chu Wai Cheong Wilson 2201 Interest of corporation controlled by you
Chu Wai Hang Raymond 2201 Interest of corporation controlled by you
Ng Ching Annetta 2202 Interest of your spouse
Tam Wai Yee Czarina 2202 Interest of your spouse

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