Huayi Tencent Entertainment Co (HKSE:00419) Cash And Cash Equivalents : HK$27 Mil (As of Dec. 2023)

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What is Huayi Tencent Entertainment Co Cash And Cash Equivalents?

Huayi Tencent Entertainment Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$38.30 Mil) to Jun. 2023 (HK$27.89 Mil) but then stayed the same from Jun. 2023 (HK$27.89 Mil) to Dec. 2023 (HK$27.04 Mil).

Huayi Tencent Entertainment Co's annual cash and cash equivalents declined from Dec. 2021 (HK$148.55 Mil) to Dec. 2022 (HK$38.30 Mil) and declined from Dec. 2022 (HK$38.30 Mil) to Dec. 2023 (HK$27.04 Mil).

Huayi Tencent Entertainment Co Cash And Cash Equivalents Historical Data

The historical data trend for Huayi Tencent Entertainment Co'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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Huayi Tencent Entertainment Co Cash And Cash Equivalents Chart

Huayi Tencent Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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198.25

113.84

148.55

38.30

27.04

Huayi Tencent Entertainment Co 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															148.55	52.79	38.30	27.89	27.04

Huayi Tencent Entertainment Co 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.

Huayi Tencent Entertainment Co (HKSE:00419) 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.

Huayi Tencent Entertainment Co Cash And Cash Equivalents Related Terms

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Huayi Tencent Entertainment Co (HKSE:00419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Huayi Tencent Entertainment Co Ltd (HKSE:00419) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HUYTF:USA

Address

89 Queensway, Suite 908, 9th Floor, Tower Two, Lippo Centre, Hong Kong, HKG

Website

http://www.huayitencent.com

Huayi Tencent Entertainment Co Ltd is a new media company integrating culture and entertainment. The business activities of the group function through Echartnow, Meerkat Health, Entertainment & Media, and Healthcare & Wellness Services. Echartnow segment includes Online prescription, circulation, and marketing of pharmaceutical products. Meerkat Health segment includes an Internet healthcare management platform. Its geographical segments include China, Hong Kong, and Other countries.

Executives

Zhao John Huan	2201 Interest of corporation controlled by you
Exponential Fortune Group Limited	2201 Interest of corporation controlled by you
Hony Capital Group, L.p.	2201 Interest of corporation controlled by you
Hony Group Management Limited	2201 Interest of corporation controlled by you
Hony Managing Partners Limited	2201 Interest of corporation controlled by you
United Strength Ls Limited	2101 Beneficial owner
United Strength Youthful Limited	2201 Interest of corporation controlled by you
Zhao John Huan	2201 Interest of corporation controlled by you
Huayi Brothers International Limited	2101 Beneficial owner
Huayi Brothers Media Corporation	2201 Interest of corporation controlled by you
Greater Harmony Limited	2101 Beneficial owner
Ko Chun Shun, Johnson	2201 Interest of corporation controlled by you
Yuen Hoi Po	2101 Beneficial owner
Smart Concept Enterprise Limited	2101 Beneficial owner

Huayi Tencent Entertainment Co (HKSE:00419) Headlines

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