Anxian Yuan China Holdings (HKSE:00922) Cash And Cash Equivalents : HK$344.4 Mil (As of Sep. 2023)

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What is Anxian Yuan China Holdings Cash And Cash Equivalents?

Anxian Yuan China Holdings's quarterly cash and cash equivalents increased from Sep. 2022 (HK$241.49 Mil) to Mar. 2023 (HK$283.41 Mil) and increased from Mar. 2023 (HK$283.41 Mil) to Sep. 2023 (HK$344.42 Mil).

Anxian Yuan China Holdings's annual cash and cash equivalents declined from Mar. 2021 (HK$255.94 Mil) to Mar. 2022 (HK$209.87 Mil) but then increased from Mar. 2022 (HK$209.87 Mil) to Mar. 2023 (HK$283.41 Mil).

Anxian Yuan China Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Anxian Yuan China 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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Anxian Yuan China Holdings Cash And Cash Equivalents Chart

Anxian Yuan China Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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35.00

77.66

255.94

209.87

283.41

Anxian Yuan China Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															302.88	209.87	241.49	283.41	344.42

Anxian Yuan China 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.

Anxian Yuan China Holdings (HKSE:00922) 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.

Anxian Yuan China Holdings Cash And Cash Equivalents Related Terms

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Anxian Yuan China Holdings (HKSE:00922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Anxian Yuan China Holdings Ltd (HKSE:00922) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Leighton Road, Room 1215, Leighton Centre, Causeway Bay, Hong Kong, HKG, 999077

Website

http://www.anxianyuanchina.com

Anxian Yuan China Holdings Ltd is an investment holding company. The company is principally engaged in cemetery businesses. Geographically, the company derives maximum revenue from China. The company generates revenue from sales of tombs and niches; Management fee income and Burial services.

Executives

Excel Precise International Limited	2106 Person having a security interest in shares
Master Point Overseas Limited	2101 Beneficial owner
True Promise Investments Limited	2201 Interest of corporation controlled by you
Law Fei Shing	2201 Interest of corporation controlled by you
Shi Hua	2201 Interest of corporation controlled by you
Yan Zulin	2101 Beneficial owner
Huang Weichun	2101 Beneficial owner

Anxian Yuan China Holdings (HKSE:00922) Headlines

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