Sun Hung Kai Properties (HKSE:00016) Cash And Cash Equivalents : HK$7,931 Mil (As of Dec. 2023)

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What is Sun Hung Kai Properties Cash And Cash Equivalents?

Sun Hung Kai Properties's quarterly cash and cash equivalents declined from Dec. 2022 (HK$17,802.00 Mil) to Jun. 2023 (HK$15,280.00 Mil) but then stayed the same from Jun. 2023 (HK$15,280.00 Mil) to Dec. 2023 (HK$7,931.00 Mil).

Sun Hung Kai Properties's annual cash and cash equivalents declined from Jun. 2021 (HK$21,781.00 Mil) to Jun. 2022 (HK$20,323.00 Mil) and declined from Jun. 2022 (HK$20,323.00 Mil) to Jun. 2023 (HK$15,280.00 Mil).

Sun Hung Kai Properties Cash And Cash Equivalents Historical Data

The historical data trend for Sun Hung Kai Properties'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.

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Sun Hung Kai Properties Cash And Cash Equivalents Chart

Sun Hung Kai Properties Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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22,038.00

31,705.00

21,781.00

20,323.00

15,280.00

Sun Hung Kai Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															17,909.00	20,323.00	17,802.00	15,280.00	7,931.00

Sun Hung Kai Properties 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.

Sun Hung Kai Properties (HKSE:00016) 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.

Sun Hung Kai Properties Cash And Cash Equivalents Related Terms

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Sun Hung Kai Properties (HKSE:00016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sun Hung Kai Properties Ltd (HKSE:00016) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

SUHJY:USA SUHJF:USA SHG:Germany

Address

30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG

Website

https://www.shkp.com

Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, retail and office real estate segment. Most of its business is based in Hong Kong where it is a leading private housing developer and holds a portfolio of high-quality retail and office assets for rental income. The company also invests in other listed entities, including telecommunication company, SmarTone and data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.

Executives

Hsbc Trustee (c.i.) Limited	2301 Trustee
Adolfa Limited	2201 Interest of corporation controlled by you
Bertana Limited	2201 Interest of corporation controlled by you
Cyric Limited	2201 Interest of corporation controlled by you
Kwong Siu Hing	2307 Founder of a discretionary trust who can infl
Kwok Kai Fai Adam	2501 Other
Kwok Kai Wang Christopher	2501 Other
Kwok Ho Lai Edward	2501 Other
Kwok Kai Chun Geoffrey	2501 Other
Kwok Ping Luen Raymond	2501 Other
Thriving Talent Holdings Limited	2201 Interest of corporation controlled by you
Thriving Talent Limited	2101 Beneficial owner
Kwok Kai Ho Jonathan	2305 Beneficiary of a trust
Genesis Trust & Corporate Services Ltd	2301 Trustee

Sun Hung Kai Properties (HKSE:00016) Headlines

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