Transport International Holdings (HKSE:00062) Cash And Cash Equivalents : HK$1,208 Mil (As of Dec. 2023)

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What is Transport International Holdings Cash And Cash Equivalents?

Transport International Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (HK$1,799.59 Mil) to Jun. 2023 (HK$1,679.00 Mil) but then stayed the same from Jun. 2023 (HK$1,679.00 Mil) to Dec. 2023 (HK$1,207.74 Mil).

Transport International Holdings's annual cash and cash equivalents increased from Dec. 2021 (HK$825.79 Mil) to Dec. 2022 (HK$1,799.59 Mil) but then declined from Dec. 2022 (HK$1,799.59 Mil) to Dec. 2023 (HK$1,207.74 Mil).

Transport International Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Transport International Holdings'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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Transport International Holdings Cash And Cash Equivalents Chart

Transport International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,308.96

1,943.40

825.79

1,799.59

1,207.74

Transport International 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 And Cash Equivalents	Get a 7-Day Free Trial															825.79	960.20	1,799.59	1,679.00	1,207.74

Transport International Holdings 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.

Transport International Holdings (HKSE:00062) 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.

Transport International Holdings Cash And Cash Equivalents Related Terms

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Transport International Holdings (HKSE:00062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transport International Holdings Ltd (HKSE:00062) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

KWO:Germany

Address

9 Po Lun Street, 15th Floor, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.tih.hk

Transport International Holdings Ltd is a public transportation company domiciled in the People's Republic of China. The company's main segments include franchised bus operation and property holdings and development. The franchised bus operation segment, which generates the vast majority of revenue, provides franchised public bus services in Hong Kong. The property holdings and development segment develops and leases nonresidential properties for use as investment properties.

Executives

Hsbc International Trustee Limited	2301 Trustee
Sun Hung Kai Properties Limited
Hsbc Trustee (c.i.) Limited	2301 Trustee
Louey Lai Kuen William	2101 Beneficial owner
Ng Winnie	2101 Beneficial owner
Ng Siu Chan	2101 Beneficial owner

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