China Lilang (HKSE:01234) Cash And Cash Equivalents : HK$1,178 Mil (As of Dec. 2023)

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What is China Lilang Cash And Cash Equivalents?

China Lilang's quarterly cash and cash equivalents declined from Dec. 2022 (HK$1,072.17 Mil) to Jun. 2023 (HK$1,024.06 Mil) but then increased from Jun. 2023 (HK$1,024.06 Mil) to Dec. 2023 (HK$1,178.25 Mil).

China Lilang's annual cash and cash equivalents declined from Dec. 2021 (HK$1,924.40 Mil) to Dec. 2022 (HK$1,072.17 Mil) but then increased from Dec. 2022 (HK$1,072.17 Mil) to Dec. 2023 (HK$1,178.25 Mil).

China Lilang Cash And Cash Equivalents Historical Data

The historical data trend for China Lilang'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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China Lilang Cash And Cash Equivalents Chart

China Lilang Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,947.99

2,061.39

1,924.40

1,072.17

1,178.25

China Lilang 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															1,924.40	1,970.67	1,072.17	1,024.06	1,178.25

China Lilang 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.

China Lilang (HKSE:01234) 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.

China Lilang Cash And Cash Equivalents Related Terms

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China Lilang (HKSE:01234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Lilang Ltd (HKSE:01234) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

5LX:Germany

Address

200 Chang Xing Road, Lilang Industrial Park, Fujian Province, Jinjiang, CHN, 362200

Website

https://www.lilanz.com

China Lilang Ltd manufactures business and casual menswear apparel, with roughly two thirds of revenue coming from tops. China Lilang sells its products under the Lilanz brand, which generates the vast majority of the company's revenue, and the L2 brand. All the company's sales are made in China. China Lilang wholesales its products to distributors who operate thousands of Lilanz-branded and L2-branded retail stores. China Lilang also has two self-operated flagship retail stores and sells its products through its own and third-party e-commerce platforms.

Executives

Xiao Sheng International Limited

2101 Beneficial owner

China Lilang (HKSE:01234) Headlines

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