GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » MECOM Power and Construction Ltd (HKSE:01183) » Definitions » Cash And Cash Equivalents

MECOM Power and Construction (HKSE:01183) Cash And Cash Equivalents : HK$56 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is MECOM Power and Construction Cash And Cash Equivalents?

MECOM Power and Construction's quarterly cash and cash equivalents declined from Dec. 2022 (HK$72.63 Mil) to Jun. 2023 (HK$30.81 Mil) but then increased from Jun. 2023 (HK$30.81 Mil) to Dec. 2023 (HK$55.96 Mil).

MECOM Power and Construction's annual cash and cash equivalents declined from Dec. 2021 (HK$174.25 Mil) to Dec. 2022 (HK$72.63 Mil) and declined from Dec. 2022 (HK$72.63 Mil) to Dec. 2023 (HK$55.96 Mil).

MECOM Power and Construction Cash And Cash Equivalents Historical Data

The historical data trend for MECOM Power and Construction'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.

MECOM Power and Construction Cash And Cash Equivalents Chart

MECOM Power and Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.98 148.24 174.25 72.63 55.96

MECOM Power and Construction Semi-Annual Data
Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 174.25 141.53 72.63 30.81 55.96

MECOM Power and Construction 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.

MECOM Power and Construction  (HKSE:01183) 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.

MECOM Power and Construction Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of MECOM Power and Construction's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

MECOM Power and Construction (HKSE:01183) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » MECOM Power and Construction Ltd (HKSE:01183) » Definitions » Cash And Cash Equivalents
Comparable Companies
HKSE:01726 HKSE:01977 HKSE:01780 HKSE:01499 HKSE:00240 HKSE:02236 HKSE:02355 HKSE:02163 HKSE:01727 HKSE:00687 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 258 Alameda Dr. Carlos D'Assumpcao, Units Q, R and S, 6th Floor, Kin Fu Kuok, Praca Kin Heng Long-Heng Hoi Kuok, Macau, MAC
Website
http://www.mecommacau.com
MECOM Power and Construction Ltd is an integrated construction engineering contractor and power substations constructor in Macau. The company's segment includes Construction business engages in the provision of construction services, including construction and fitting out works, high voltage power substation construction and its system installation works, E&M engineering services works, and provision of facilities management services; and EV charging business engages in the sale of EV charging systems and subscription fee income. It generates maximum revenue from Construction and fitting out works segment. Geographically, it derives revenue from Macau.
Executives
Lei Kuok Hong 2201 Interest of corporation controlled by you
Chan Sao Ieng 2202 Interest of your spouse
Kuan Chio Man
Macau New Base Investment Company Limited 2101 Beneficial owner
Chan Ka Lai
Kuok Lam Sek
Lam Ka Man
Lam Kuok Wa
Lao Ka Wa
Mecom Holding Limited
Sou Kun Tou
Tam Cho Veng
Wong Fong Peng

MECOM Power and Construction (HKSE:01183) Headlines

No Headlines