REM Group (Holdings) (HKSE:01750) Cash And Cash Equivalents : HK$53.0 Mil (As of Dec. 2023)

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

What is REM Group (Holdings) Cash And Cash Equivalents?

REM Group (Holdings)'s quarterly cash and cash equivalents declined from Dec. 2022 (HK$71.09 Mil) to Jun. 2023 (HK$56.58 Mil) but then stayed the same from Jun. 2023 (HK$56.58 Mil) to Dec. 2023 (HK$53.00 Mil).

REM Group (Holdings)'s annual cash and cash equivalents declined from Dec. 2021 (HK$71.75 Mil) to Dec. 2022 (HK$71.09 Mil) and declined from Dec. 2022 (HK$71.09 Mil) to Dec. 2023 (HK$53.00 Mil).

REM Group (Holdings) Cash And Cash Equivalents Historical Data

The historical data trend for REM Group (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.

REM Group (Holdings) Cash And Cash Equivalents Chart

REM Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

77.71

80.33

71.75

71.09

53.00

REM Group (Holdings) Semi-Annual Data
	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											71.75	72.19	71.09	56.58	53.00

REM Group (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.

REM Group (Holdings) (HKSE:01750) 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.

REM Group (Holdings) Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of REM Group (Holdings)'s Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

REM Group (Holdings) (HKSE:01750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » REM Group (Holdings) Ltd (HKSE:01750) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 70 Wing Tai Road, Unit 5, 4th Floor, Chai Wan Industrial City Phase II, Hong Kong, HKG

Website

http://www.rem-group.com.hk

REM Group (Holdings) Ltd is a manufacturer and supplier of low-voltage electrical power distribution and control devices., including low-voltage switchboard, local motor control panel, motor control center, electrical distribution board, control box, and electrical parts and replacements and by location of delivery to customers in Hong Kong and PRC. Geographically, it derives the majority of revenue in PRC.

Executives

Huang Xiao Ying	2202 Interest of your spouse
Unique Best Limited	2101 Beneficial owner
Wan Union Limited	2201 Interest of corporation controlled by you
Wans Limited	2201 Interest of corporation controlled by you
Lam Yin	2202 Interest of your spouse
Leung Ka Wai	2201 Interest of corporation controlled by you
Que Emi	2202 Interest of your spouse
Wan Man Keung	2201 Interest of corporation controlled by you
Wun Chi Wai	2201 Interest of corporation controlled by you
Wan Chak Ming	2101 Beneficial owner
Wan Po Kwan	2101 Beneficial owner

REM Group (Holdings) (HKSE:01750) Headlines

No Headlines