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Xi'an Haitian Antenna Technologies Co (HKSE:08227) Cash, Cash Equivalents, Marketable Securities : HK$2.18 Mil (As of Dec. 2023)


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What is Xi'an Haitian Antenna Technologies Co Cash, Cash Equivalents, Marketable Securities?

Xi'an Haitian Antenna Technologies Co's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (HK$1.74 Mil) to Sep. 2023 (HK$1.91 Mil) and increased from Sep. 2023 (HK$1.91 Mil) to Dec. 2023 (HK$2.18 Mil).

Xi'an Haitian Antenna Technologies Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$5.36 Mil) to Dec. 2022 (HK$2.44 Mil) and declined from Dec. 2022 (HK$2.44 Mil) to Dec. 2023 (HK$2.18 Mil).

Xi'an Haitian Antenna Technologies Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Xi'an Haitian Antenna Technologies Co'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.

Xi'an Haitian Antenna Technologies Co Cash, Cash Equivalents, Marketable Securities Chart

Xi'an Haitian Antenna Technologies Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.57 5.22 5.36 2.44 2.18

Xi'an Haitian Antenna Technologies Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.44 2.74 1.74 1.91 2.18

Xi'an Haitian Antenna Technologies Co 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.

Xi'an Haitian Antenna Technologies Co  (HKSE:08227) 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.

Xi'an Haitian Antenna Technologies Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Xi'an Haitian Antenna Technologies Co (HKSE:08227) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xi'an Haitian Antenna Technologies Co Ltd (HKSE:08227) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
HKSE:01085 HKSE:02000 HKSE:01708 HKSE:01202 HKSE:00482 HKSE:01473 HKSE:08487 HKSE:01613 HKSE:01617 HKSE:00947 CSCO SHSE:601138 MSI HPE OHEL:NOKIA OSTO:ERIC B ZBRA SZSE:000063 SHSE:688036 JNPR
Traded in Other Exchanges
N/A
Address
No.25 Shuoshi Road, Hi-tech Industrial Development Zone, Shaanxi Province, Xi’an, CHN
Website
http://www.xaht.com
Xi'an Haitian Antenna Technologies Co Ltd is mainly engaged in the manufacturing of communication equipment and also the sale of poultry products. The company operates in four segments based on its sales: Antenna products & provision of related services, Underwater monitoring products & related products, Aircraft products, and Agricultural products. Its product portfolio includes underwater imaging, underwater machinery, drones, avionics imaging, monitoring, automotive electronics, mechanical equipment, and others. The majority is from the Antenna products & provision of related services.
Executives
Hongkong Jinsheng Enterprise Co.,limited 2101 Beneficial owner
Wang Bing 2201 Interest of corporation controlled by you
Chen Wei 2101 Beneficial owner
Huang Lihou 2101 Beneficial owner
Oceanic Bliss Holdings Limited 2101 Beneficial owner

Xi'an Haitian Antenna Technologies Co (HKSE:08227) Headlines

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