Hung Hing Printing Group (HKSE:00450) Cash And Cash Equivalents : HK$811 Mil (As of Dec. 2023)

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What is Hung Hing Printing Group Cash And Cash Equivalents?

Hung Hing Printing Group's quarterly cash and cash equivalents declined from Dec. 2022 (HK$1,042.54 Mil) to Jun. 2023 (HK$1,033.94 Mil) but then stayed the same from Jun. 2023 (HK$1,033.94 Mil) to Dec. 2023 (HK$810.70 Mil).

Hung Hing Printing Group's annual cash and cash equivalents increased from Dec. 2021 (HK$685.35 Mil) to Dec. 2022 (HK$1,042.54 Mil) but then declined from Dec. 2022 (HK$1,042.54 Mil) to Dec. 2023 (HK$810.70 Mil).

Hung Hing Printing Group Cash And Cash Equivalents Historical Data

The historical data trend for Hung Hing Printing Group's Cash And Cash Equivalents 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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Hung Hing Printing Group Cash And Cash Equivalents Chart

Hung Hing Printing Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,012.29

908.79

685.35

1,042.54

810.70

Hung Hing Printing Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															685.35	813.43	1,042.54	1,033.94	810.70

Hung Hing Printing Group Cash And Cash Equivalents 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.

Hung Hing Printing Group (HKSE:00450) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Hung Hing Printing Group Cash And Cash Equivalents Related Terms

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Hung Hing Printing Group (HKSE:00450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hung Hing Printing Group Ltd (HKSE:00450) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HUV:Germany

Address

17-19 Dai Hei Street, Hung Hing Printing Centre, Tai Po Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hunghingprinting.com

Hung Hing Printing Group Ltd is a Hong Kong-based company. The company operates in various business segments which are Book and Package Printing, Consumer Product Packaging, Corrugated Box, and Paper Trading. The Book and Package Printing segment generate maximum revenue for the company. Geographically, the company offers its services to the United States of America, the PRC, the U.K., Hong Kong, and other countries, of which prime revenue is derived from Hong Kong.

Executives

Yum Chak Ming Matthew

2101 Beneficial owner

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