Yee Hop Holdings (HKSE:01662) Cash And Cash Equivalents : HK$160.9 Mil (As of Sep. 2023)

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What is Yee Hop Holdings Cash And Cash Equivalents?

Yee Hop Holdings's quarterly cash and cash equivalents declined from Sep. 2022 (HK$146.33 Mil) to Mar. 2023 (HK$127.20 Mil) but then increased from Mar. 2023 (HK$127.20 Mil) to Sep. 2023 (HK$160.92 Mil).

Yee Hop Holdings's annual cash and cash equivalents increased from Mar. 2021 (HK$71.14 Mil) to Mar. 2022 (HK$161.36 Mil) but then declined from Mar. 2022 (HK$161.36 Mil) to Mar. 2023 (HK$127.20 Mil).

Yee Hop Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Yee Hop 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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Yee Hop Holdings Cash And Cash Equivalents Chart

Yee Hop Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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73.18

31.08

71.14

161.36

127.20

Yee Hop Holdings Semi-Annual Data
	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														116.53	161.36	146.33	127.20	160.92

Yee Hop 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.

Yee Hop Holdings (HKSE:01662) 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.

Yee Hop Holdings Cash And Cash Equivalents Related Terms

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Yee Hop Holdings (HKSE:01662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yee Hop Holdings Ltd (HKSE:01662) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Lam Lok Street, Units 1104-06, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG

Website

http://www.yee-hop.com.hk

Yee Hop Holdings Ltd is an investment company. The company's operating segment includes Foundation and other civil works; Tunneling works and Premises revitalization and enhancement. It generates maximum revenue from the Foundation and other civil works segments. The services of the company include the construction of mini-piles, rock-socketed steel H-piles, driven steel H piles, and other civil works. Geographically, the company derives majority of its revenue from Hong Kong and has a presence in PRC and the Philippines.

Executives

Lee Sze Wing Mabel	2202 Interest of your spouse
Chui Mo Ming	2101 Beneficial owner
Jj1318 Holdings Limited	2101 Beneficial owner
Jim Yin Kwan Jackin	2201 Interest of corporation controlled by you
Xu Junmin	2101 Beneficial owner

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