Orient Victory Smart Urban Services Holding (HKSE:00265) Cash And Cash Equivalents : HK$201.4 Mil (As of Dec. 2023)

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What is Orient Victory Smart Urban Services Holding Cash And Cash Equivalents?

Orient Victory Smart Urban Services Holding's quarterly cash and cash equivalents declined from Dec. 2022 (HK$205.86 Mil) to Jun. 2023 (HK$186.65 Mil) but then increased from Jun. 2023 (HK$186.65 Mil) to Dec. 2023 (HK$201.37 Mil).

Orient Victory Smart Urban Services Holding's annual cash and cash equivalents declined from Dec. 2021 (HK$255.22 Mil) to Dec. 2022 (HK$205.86 Mil) and declined from Dec. 2022 (HK$205.86 Mil) to Dec. 2023 (HK$201.37 Mil).

Orient Victory Smart Urban Services Holding Cash And Cash Equivalents Historical Data

The historical data trend for Orient Victory Smart Urban Services Holding'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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Orient Victory Smart Urban Services Holding Cash And Cash Equivalents Chart

Orient Victory Smart Urban Services Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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117.81

179.31

255.22

205.86

201.37

Orient Victory Smart Urban Services Holding 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															255.22	294.88	205.86	186.65	201.37

Orient Victory Smart Urban Services Holding 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.

Orient Victory Smart Urban Services Holding (HKSE:00265) 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.

Orient Victory Smart Urban Services Holding Cash And Cash Equivalents Related Terms

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Orient Victory Smart Urban Services Holding (HKSE:00265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Orient Victory Smart Urban Services Holding Ltd (HKSE:00265) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, 1201B, 12th Floor, Admiralty, Hong Kong, HKG

Website

https://www.orientvictory.com.hk

Orient Victory Smart Urban Services Holding Ltd Formerly Orient Victory Travel Group Co Ltd is an investment holding company. The company operates in three reportable segments that are The diversified tourism products and services segment, which includes the sale of air tickets and other tourism products, provision of travel-related and other services, The integrated development segment, which includes the development and operation of tourism and cultural attractions, sales of products and other services and The property management segment, which involves the provision of property management and leasing services for residential and commercial properties and The environmental hygiene segment which involves the provision of environmental hygiene services for urban and rural areas in the PRC.

Executives

China Huarong International Holdings Ltd	2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shi Baodong	2201 Interest of corporation controlled by you
Orient Victory Real Estate Group Holdings Limited	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares

Orient Victory Smart Urban Services Holding (HKSE:00265) Headlines

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