Lippo China Resources (HKSE:00156) Cash, Cash Equivalents, Marketable Securities : HK$605.6 Mil (As of Dec. 2023)

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What is Lippo China Resources Cash, Cash Equivalents, Marketable Securities?

Lippo China Resources's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$960.96 Mil) to Jun. 2023 (HK$778.52 Mil) but then stayed the same from Jun. 2023 (HK$778.52 Mil) to Dec. 2023 (HK$605.57 Mil).

Lippo China Resources's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$1,333.77 Mil) to Dec. 2022 (HK$960.96 Mil) and declined from Dec. 2022 (HK$960.96 Mil) to Dec. 2023 (HK$605.57 Mil).

Lippo China Resources Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Lippo China Resources'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.

Lippo China Resources Cash, Cash Equivalents, Marketable Securities Chart

Lippo China Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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2,902.30

1,490.15

1,333.77

960.96

605.57

Lippo China Resources Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,333.77	1,125.04	960.96	778.52	605.57

Lippo China Resources 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.

Lippo China Resources (HKSE:00156) 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.

Lippo China Resources Cash, Cash Equivalents, Marketable Securities Related Terms

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Lippo China Resources (HKSE:00156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Lippo China Resources Ltd (HKSE:00156) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, 40th Floor, Tower Two, Lippo Centre, Hong Kong, HKG

Website

https://www.lcr.com.hk

Lippo China Resources Ltd is a Hong Kong-based investment holding company. The company along with its subsidiaries is principally engaged in the below segments: Property development, Food businesses, Healthcare services, Securities investment, Treasury investment, and Others. It derives a majority of the revenue from the Food business activity which includes the distribution of consumer food and non-food products, food manufacturing and retailing, the management of restaurants, and food court operations. The company operates in Hong Kong, Mainland China, the Republic of Singapore, the USA, Malaysia, and other countries, of which key revenue is generated from the Republic of Singapore.

Executives

Tai Tak Fung	2201 Interest of corporation controlled by you
Wu Mei Yung	2202 Interest of your spouse
Ever Media Limited	2101 Beneficial owner
Four Seas Enterprises (bvi) Limited	2201 Interest of corporation controlled by you
Four Seas Mercantile Holdings Limited	2201 Interest of corporation controlled by you
Hambali Aileen
Lippo Capital Group Limited
Lippo Capital Holdings Company Limited
Lippo Capital Limited
Lippo Limited
Pt Trijaya Utama Mandiri
Riady James Tjahaja
Skyscraper Realty Limited
Leonardi Shincee
Riady Stephen

Lippo China Resources (HKSE:00156) Headlines

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