Chinese People Holdings Co (HKSE:00681) Cash And Cash Equivalents : HK$661 Mil (As of Dec. 2023)

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What is Chinese People Holdings Co Cash And Cash Equivalents?

Chinese People Holdings Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$619.91 Mil) to Jun. 2023 (HK$597.66 Mil) but then increased from Jun. 2023 (HK$597.66 Mil) to Dec. 2023 (HK$661.19 Mil).

Chinese People Holdings Co's annual cash and cash equivalents declined from Dec. 2021 (HK$704.27 Mil) to Dec. 2022 (HK$619.91 Mil) but then increased from Dec. 2022 (HK$619.91 Mil) to Dec. 2023 (HK$661.19 Mil).

Chinese People Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Chinese People Holdings 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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Chinese People Holdings Co Cash And Cash Equivalents Chart

Chinese People Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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516.15

306.15

704.27

619.91

661.19

Chinese People Holdings Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															704.27	620.15	619.91	597.66	661.19

Chinese People Holdings 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.

Chinese People Holdings Co (HKSE:00681) 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.

Chinese People Holdings Co Cash And Cash Equivalents Related Terms

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Chinese People Holdings Co (HKSE:00681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chinese People Holdings Co Ltd (HKSE:00681) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

KEH:Germany

Address

No. 2 Jingyuan North Street, No. 36 BDA International Business Park, Economic Technological Development Area, Beijing, CHN

Website

http://www.681hk.com

Chinese People Holdings Co Ltd is an investment holding company. Its segments are Piped gas transmission & distribution, which is into sales of piped gas and construction of gas pipeline networks under gas connection contracts; Cylinder gas supply segment includes sales and distribution of gas using tank containers to end-user households, industrial and commercial customers; Gas distribution segment is into sales of natural gas to industrial and commercial customers; and FMCG & food ingredients supply which is into wholesales and retail of merchandise through supermarkets and convenience stores. Geographically, it derives revenue from China.

Executives

Renown City Holdings Limited	2201 Interest of corporation controlled by you
Civios Group Limited	2201 Interest of corporation controlled by you
Mo Shikang	2201 Interest of corporation controlled by you
Mo Yunbi	2201 Interest of corporation controlled by you
Lofty Key Limited	2101 Beneficial owner
Ping Da Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you

Chinese People Holdings Co (HKSE:00681) Headlines

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