Dynasty Fine Wines Group (HKSE:00828) Cash And Cash Equivalents : HK$166.3 Mil (As of Dec. 2023)

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What is Dynasty Fine Wines Group Cash And Cash Equivalents?

Dynasty Fine Wines Group's quarterly cash and cash equivalents declined from Dec. 2022 (HK$160.73 Mil) to Jun. 2023 (HK$112.64 Mil) but then increased from Jun. 2023 (HK$112.64 Mil) to Dec. 2023 (HK$166.25 Mil).

Dynasty Fine Wines Group's annual cash and cash equivalents declined from Dec. 2021 (HK$196.15 Mil) to Dec. 2022 (HK$160.73 Mil) but then increased from Dec. 2022 (HK$160.73 Mil) to Dec. 2023 (HK$166.25 Mil).

Dynasty Fine Wines Group Cash And Cash Equivalents Historical Data

The historical data trend for Dynasty Fine Wines Group'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.

* Premium members only.

Dynasty Fine Wines Group Cash And Cash Equivalents Chart

Dynasty Fine Wines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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157.55

182.13

196.15

160.73

166.25

Dynasty Fine Wines Group 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															196.15	161.56	160.73	112.64	166.25

Dynasty Fine Wines Group 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.

Dynasty Fine Wines Group (HKSE:00828) 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.

Dynasty Fine Wines Group Cash And Cash Equivalents Related Terms

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Dynasty Fine Wines Group (HKSE:00828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Dynasty Fine Wines Group Ltd (HKSE:00828) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 29 Jinwei Road, Bei Chen District, Tianjin, CHN

Website

https://www.dynasty-wines.com

Dynasty Fine Wines Group Ltd is an investment holding company. The company is engaged in the production and sale of grape wine products. Its operating segment includes Red wines; White wines and All other products. The company generates maximum revenue from the Red wines segment. Its product categories include red wines, white wines, sparkling wines, brandy, and icewine.

Executives

Teda Investment Holding Co., Ltd.	2201 Interest of corporation controlled by you
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Shi Pin Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Famous Ever Group Limited
Hao Mingzhen	2201 Interest of corporation controlled by you
Li Junjie	2201 Interest of corporation controlled by you
Zengli Investment Group Co. Ltd	2101 Beneficial owner
Andromède Sas	2101 Beneficial owner
Tianjin Teda Investment Holding Co., Ltd.	2201 Interest of corporation controlled by you

Dynasty Fine Wines Group (HKSE:00828) Headlines

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