HKE Holdings (HKSE:01726) Cash And Cash Equivalents : HK$78.15 Mil (As of Dec. 2023)

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What is HKE Holdings Cash And Cash Equivalents?

HKE Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (HK$62.13 Mil) to Jun. 2023 (HK$111.46 Mil) but then stayed the same from Jun. 2023 (HK$111.46 Mil) to Dec. 2023 (HK$78.15 Mil).

HKE Holdings's annual cash and cash equivalents declined from Jun. 2021 (HK$137.45 Mil) to Jun. 2022 (HK$107.34 Mil) but then increased from Jun. 2022 (HK$107.34 Mil) to Jun. 2023 (HK$111.46 Mil).

HKE Holdings Cash And Cash Equivalents Historical Data

The historical data trend for HKE 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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HKE Holdings Cash And Cash Equivalents Chart

HKE Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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129.07

140.36

137.45

107.34

111.46

HKE Holdings Semi-Annual Data
	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial											145.43	107.34	62.13	111.46	78.15

HKE 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.

HKE Holdings (HKSE:01726) 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.

HKE Holdings Cash And Cash Equivalents Related Terms

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HKE Holdings (HKSE:01726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HKE Holdings Ltd (HKSE:01726) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2414-2416, 24/F, China Merchants Tower, Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong, HKG

Website

https://www.hwakoon.com

HKE Holdings Ltd is a Singapore-based contractor specializing in the medical and healthcare sectors with expertise in performing radiation shielding works. It mainly provides integrated design and building services for hospitals and clinics in Singapore. The company's three operating segments include (i) the Engineering segment which engaged in the provision of integrated design and building services, maintenance and other services as well as sales of tools and materials; (ii) Fintech platform segment; (iii) Investment holding segment. It generates maximum revenue from the Engineering segment.

Executives

Lin Ho Man	2101 Beneficial owner
Flourish Nation Enterprises Limited	2101 Beneficial owner

HKE Holdings (HKSE:01726) Headlines

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