GDH Guangnan (Holdings) (HKSE:01203) Cash And Cash Equivalents : HK$1,036 Mil (As of Dec. 2023)

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What is GDH Guangnan (Holdings) Cash And Cash Equivalents?

GDH Guangnan (Holdings)'s quarterly cash and cash equivalents declined from Jun. 2023 (HK$937.64 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$1,035.93 Mil).

GDH Guangnan (Holdings)'s annual cash and cash equivalents increased from Dec. 2021 (HK$969.21 Mil) to Dec. 2022 (HK$1,211.63 Mil) but then declined from Dec. 2022 (HK$1,211.63 Mil) to Dec. 2023 (HK$1,035.93 Mil).

GDH Guangnan (Holdings) Cash And Cash Equivalents Historical Data

The historical data trend for GDH Guangnan (Holdings)'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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GDH Guangnan (Holdings) Cash And Cash Equivalents Chart

GDH Guangnan (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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903.61

895.11

969.21

1,211.63

1,035.93

GDH Guangnan (Holdings) Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,211.63	937.64	-	1,035.93	-

GDH Guangnan (Holdings) 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.

GDH Guangnan (Holdings) (HKSE:01203) 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.

GDH Guangnan (Holdings) Cash And Cash Equivalents Related Terms

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GDH Guangnan (Holdings) (HKSE:01203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » GDH Guangnan (Holdings) Ltd (HKSE:01203) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

GUJB:Germany

Address

6-8 Harbour Road, Units 2905-08, 29th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.gdguangnan.com

GDH Guangnan (Holdings) Ltd is an investment holding company engaged in the manufacturing and sales of tinplates. The company operates through three business segments. The Tinplating segment is engaged in the production and sales of tinplates and related products, which are used as packaging materials for food processing manufacturers. The Fresh and Live Foodstuffs segment is engaged in the distribution, purchasing, and sales of fresh and live foodstuffs. The Property Leasing segment is engaged in the leasing of office and industrial premises to generate rental income. It is also involved in the operation of pig farming and the distribution of live pigs.

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