Howkingtech International Holding (HKSE:02440) Cash, Cash Equivalents, Marketable Securities : HK$53.3 Mil (As of Jun. 2023)

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What is Howkingtech International Holding Cash, Cash Equivalents, Marketable Securities?

Howkingtech International Holding's quarterly cash, cash equivalents, marketable securities increased from Jun. 2022 (HK$0.00 Mil) to Dec. 2022 (HK$134.78 Mil) but then stayed the same from Dec. 2022 (HK$134.78 Mil) to Jun. 2023 (HK$53.25 Mil).

Howkingtech International Holding's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (HK$35.74 Mil) to Dec. 2021 (HK$105.72 Mil) and increased from Dec. 2021 (HK$105.72 Mil) to Dec. 2022 (HK$134.78 Mil).

Howkingtech International Holding Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Howkingtech International Holding'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.

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Howkingtech International Holding Cash, Cash Equivalents, Marketable Securities Chart

Howkingtech International Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

37.30

35.74

105.72

134.78

36.37

Howkingtech International Holding Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			105.72	-	134.78	53.25	36.37

Howkingtech International Holding 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.

Howkingtech International Holding (HKSE:02440) 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.

Howkingtech International Holding Cash, Cash Equivalents, Marketable Securities Related Terms

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Howkingtech International Holding (HKSE:02440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Howkingtech International Holding Ltd (HKSE:02440) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, East Mozhou Road, Jiangning Economic and Technological Development Zone, Building B4, Nanjing, CHN

Website

http://www.howkingtech.com

Howkingtech International Holding Ltd is a provider for data transmission and processing services for IoT applications and telecommunication equipment in China, serving a broad range of industrial customers. It mainly provides customized data transmission and processing services to customers in manufacturing, municipal services and other industries in China, and research, develop and sell telecommunication equipment.

Executives

Wang Zheshi	2101 Beneficial owner
Chen Ping	2202 Interest of your spouse
Howkingtech Holding Limited	2101 Beneficial owner
Jin Yan	2201 Interest of corporation controlled by you
Ban Lifeng	2201 Interest of corporation controlled by you
Xie Xiongqing	2201 Interest of corporation controlled by you
Ye Xiang	2201 Interest of corporation controlled by you
Ding Di	2201 Interest of corporation controlled by you
Wu Chak Man	2101 Beneficial owner
Ning Bo Hui Xin Zhi Yuan Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Ning Bo Xin Hui Qian Hai Gu Quan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Jin Yuan Zhang Fu Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shen Zhen Hui Xin Qian Hai Gu Quan Tou Zi Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

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