Chi Ho Development Holdings (HKSE:08423) Cash And Cash Equivalents : HK$17.8 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Chi Ho Development Holdings Cash And Cash Equivalents?

Chi Ho Development Holdings's quarterly cash and cash equivalents declined from Mar. 2023 (HK$43.96 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$17.83 Mil).

Chi Ho Development Holdings's annual cash and cash equivalents increased from Mar. 2021 (HK$33.32 Mil) to Mar. 2022 (HK$51.28 Mil) but then declined from Mar. 2022 (HK$51.28 Mil) to Mar. 2023 (HK$43.96 Mil).

Chi Ho Development Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Chi Ho Development 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.

* Premium members only.

Chi Ho Development Holdings Cash And Cash Equivalents Chart

Chi Ho Development Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

Get a 7-Day Free Trial

29.41

41.79

33.32

51.28

43.96

Chi Ho Development Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															23.48	-	43.96	-	17.83

Chi Ho Development 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.

Chi Ho Development Holdings (HKSE:08423) 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.

Chi Ho Development Holdings Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Chi Ho Development Holdings's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Chi Ho Development Holdings (HKSE:08423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Ho Development Holdings Ltd (HKSE:08423) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

77–81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.chdev.com.hk

Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include Building renovation and construction which includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. and Property which includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.

Executives

Diamondfield Holdings Limited	2401 A concert party to an agreement to buy shares
Sharp Talent Holdings Limited	2101 Beneficial owner
Ho Chi Kwan	2401 A concert party to an agreement to buy shares
Leung Ka Ho, Raymond	2201 Interest of corporation controlled by you

Chi Ho Development Holdings (HKSE:08423) Headlines

No Headlines