Hong Kong Technology Venture Co (HKSE:01137) Cash And Cash Equivalents : HK$331 Mil (As of Dec. 2023)

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What is Hong Kong Technology Venture Co Cash And Cash Equivalents?

Hong Kong Technology Venture Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$705.81 Mil) to Jun. 2023 (HK$610.15 Mil) but then stayed the same from Jun. 2023 (HK$610.15 Mil) to Dec. 2023 (HK$330.57 Mil).

Hong Kong Technology Venture Co's annual cash and cash equivalents increased from Dec. 2021 (HK$624.25 Mil) to Dec. 2022 (HK$705.81 Mil) but then declined from Dec. 2022 (HK$705.81 Mil) to Dec. 2023 (HK$330.57 Mil).

Hong Kong Technology Venture Co Cash And Cash Equivalents Historical Data

The historical data trend for Hong Kong Technology Venture 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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Hong Kong Technology Venture Co Cash And Cash Equivalents Chart

Hong Kong Technology Venture Co Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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149.71

942.48

624.25

705.81

330.57

Hong Kong Technology Venture Co Semi-Annual Data
	Feb14	Aug14	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															624.25	575.84	705.81	610.15	330.57

Hong Kong Technology Venture 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.

Hong Kong Technology Venture Co (HKSE:01137) 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.

Hong Kong Technology Venture Co Cash And Cash Equivalents Related Terms

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Hong Kong Technology Venture Co (HKSE:01137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HKTVY:USA XHN1:Germany

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.

Executives

Wong Wai Kay	2201 Interest of corporation controlled by you
Top Group International Ltd.	2101 Beneficial owner
Schroders Plc	2102 Investment manager
Top Group International Ltd.	2101 Beneficial owner
Cheung Chi Kin, Paul	2101 Beneficial owner

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