Xinyi Glass Holdings (HKSE:00868) Cash, Cash Equivalents, Marketable Securities : HK$2,390 Mil (As of Dec. 2023)

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What is Xinyi Glass Holdings Cash, Cash Equivalents, Marketable Securities?

Xinyi Glass Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$3,914.33 Mil) to Jun. 2023 (HK$4,030.75 Mil) but then stayed the same from Jun. 2023 (HK$4,030.75 Mil) to Dec. 2023 (HK$2,389.73 Mil).

Xinyi Glass Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$9,534.84 Mil) to Dec. 2022 (HK$3,914.33 Mil) and declined from Dec. 2022 (HK$3,914.33 Mil) to Dec. 2023 (HK$2,389.73 Mil).

Xinyi Glass Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Xinyi Glass Holdings'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.

Xinyi Glass Holdings Cash, Cash Equivalents, Marketable Securities Chart

Xinyi Glass Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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5,097.92

5,468.11

9,534.84

3,914.33

2,389.73

Xinyi Glass Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															9,534.84	12,478.99	3,914.33	4,030.75	2,389.73

Xinyi Glass Holdings 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.

Xinyi Glass Holdings (HKSE:00868) 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.

Xinyi Glass Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Xinyi Glass Holdings (HKSE:00868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Xinyi Glass Holdings Ltd (HKSE:00868) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

XYIGY:USA XYIGF:USA XI9:Germany

Address

135 Hoi Bun Road, Unit 2101-2108, 21st Floor, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.xinyiglass.com

Xinyi Glass Holdings Ltd is engaged in the production and sales of float glass products, automobile glass products, construction glass products and a variety of related products in the PRC and Malaysia. It produces and sells range of glass products, including automobile glass, energy-saving architectural glass, high-quality float glass and other glass products for different commercial and industrial applications. Its glass products are sold to customers in over 140 countries and territories, including the PRC, Hong Kong, the United States, Canada, Australia, New Zealand and countries in Asia, the Middle East, Europe, Africa, and America. Its segments include float glass; automobile glass; and architectural glass out of which the float glass segment accounts for the majority of revenue.

Executives

Sze Tan Hung	2101 Beneficial owner
Tung Ching Sai	2202 Interest of your spouse
Tung Ching Bor	2101 Beneficial owner
Lee Sing Din	2103 Interests held jointly with another person
Lee Yin Yee	2201 Interest of corporation controlled by you

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