Sino Hotels (Holdings) (HKSE:01221) Cash And Cash Equivalents : HK$1,156.4 Mil (As of Dec. 2023)

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What is Sino Hotels (Holdings) Cash And Cash Equivalents?

Sino Hotels (Holdings)'s quarterly cash and cash equivalents increased from Dec. 2022 (HK$868.88 Mil) to Jun. 2023 (HK$911.59 Mil) and increased from Jun. 2023 (HK$911.59 Mil) to Dec. 2023 (HK$1,156.38 Mil).

Sino Hotels (Holdings)'s annual cash and cash equivalents declined from Jun. 2021 (HK$954.45 Mil) to Jun. 2022 (HK$839.03 Mil) but then increased from Jun. 2022 (HK$839.03 Mil) to Jun. 2023 (HK$911.59 Mil).

Sino Hotels (Holdings) Cash And Cash Equivalents Historical Data

The historical data trend for Sino Hotels (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.

* Premium members only.

Sino Hotels (Holdings) Cash And Cash Equivalents Chart

Sino Hotels (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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1,203.87

966.82

954.45

839.03

911.59

Sino Hotels (Holdings) 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															892.05	839.03	868.88	911.59	1,156.38

Sino Hotels (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.

Sino Hotels (Holdings) (HKSE:01221) 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.

Sino Hotels (Holdings) Cash And Cash Equivalents Related Terms

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Sino Hotels (Holdings) (HKSE:01221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sino Hotels (Holdings) Ltd (HKSE:01221) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.sino.com

Sino Hotels (Holdings) Ltd is a Hong Kong-based investment holding company. It is engaged in the operation and management of hotels. The hotels under the operation of the group include City Garden Hotel, The Royal Pacific Hotel & Towers, and Conrad Hong Kong, among others. The company divides its business into the segments of Hotel operation, Investment holding, Hotel operation(share of results of associates), and Other, of which key revenue is derived from the Hotel operation segment which involves the operation of City Garden Hotel. All of the activities of the group are based in Hong Kong.

Executives

Ng Chee Siong	2304 Executor or administrator
Ng Chee Tat, Philip	2304 Executor or administrator

Sino Hotels (Holdings) (HKSE:01221) Headlines

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